China signs MoU for loan of $200 million to Nepal for infrastructure development (Linked to Record ID#34402)

$200M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Nepali Ministry of Finance
Country	Nepal
Start Date	Nov 01, 2009
End Date	Dec 16, 2026
Duration	6,254 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`43103`

Grant Description

China signs MoU for loan of $200 million to Nepal for infrastructure development In November 2009, The Chinese EximBank signed a memorandum of understanding with Nepal for a 200 million USD loan for infrastructure development.

One of the projects to fall under this loan is the 61 MW Upper Trishuli hydropower project in the Nuwakot district (#53716). It is also funding 75% of the 750 MW of West Seti, which is the largest hydropower plant in Nepal.

📚 Sources & References

China follows Indian cue, enters Nepal's hydropower sector
对外投资指南尼泊尔 Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.