Sichuan Investment Group holds a symposium with shareholders of the Marsyangdi River Hydropower Project in Nepal

Time:09-20-2024 View:41

  To enhance communication and cooperation among shareholders and accelerate the construction of the project, on September 18th, the Secretary of the Party Committee and Chairman of the Group Corporation, Wu Xiaoxi, held a symposium with the shareholders of the Marsyangdi River Basin Hydropower Project in Nepal, accompanied by the Deputy General Manager, Zhang Hao.

        Wu Xiaoxi welcomed the arrival of shareholders from both China and Nepal. He expressed his gratitude for the positive progress made on the project, attributing it to the hard work and flexible, efficient communication and negotiation mechanisms of all shareholders. He noted that the project is about to finalize and sign the loan agreement, achieving financial closure, and is currently in a critical phase of racing against time. He urged all shareholders to prioritize the smooth commencement of the Manang Marsyangdi Hydropower Project, to leverage their respective strengths, to cooperate sincerely, and to work together to strive for early completion and effective operation.

        During the meeting, the representatives of the shareholders discussed in depth core issues such as financial closure, funding plans, the inauguration ceremony and financial closure event plan for the Manang Marsyangdi Hydropower Project, and the development of the Lower Manang Marsyangdi Hydropower Project and the Upper Marsyangdi-2 Hydropower Project.

  The representatives of the shareholders in attendance included the Chairman of Nepal’s Butwal Power Company, Pema Zoti, the General Manager, Uttam Shrestha, the General Manager of Qingyuan Company, Liu Xingchun, and the Chairman of Sichuan Investment International, Liao Bin, among others.