World Bank and Multilateral Lenders Collaborate on 670MW Dudhkoshi Hydroelectric Project in Nepal
The world's leading multilateral and bilateral lenders are collaborating with Nepal's government and NEA to develop the 670MW Dudhkoshi Storage Hydroelectric Project. The project, estimated at $2.32 billion, involves significant investments from the ADB, AIIB, World Bank, and others, with financial closure expected by September 2026. The project will impact 2,405 hectares of land, affecting approximately 3,300 households, including Indigenous Peoples.

The 670MW Dudhkoshi Storage Hydroelectric Project in Nepal marks a historic collaboration among major lenders, including the World Bank, ADB, AIIB, EIB, OFID, and SFD. The total estimated project cost is $2.32 billion, with financial closure aimed for September 2026.
The ADB leads investment efforts, with contributions from multiple lenders. The project will affect 2,405 hectares of land and displace around 3,300 households, including 1,245 Indigenous Peoples households. Environmental and social risks associated with large dam construction have been identified, and mitigation measures are being planned.




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