MILLENIUM CHALLENGE ACCOUNT NEPAL

MCA-Nepal has been preparing the groundwork for the Electricity Transmission Project that will extend the nation's high voltage electricity transmission network, which in turn will support new investments in power generation and facilitate growth of power exchange across borders... The Millennium Challenge Account Nepal (MCA-Nepal) is a Government of Nepal (GoN) agency, formed under the Development Board Act 2013 BS (1956 AD) in order to manage a USD 697 million infrastructure program. The program is co-funded by the US Government's Millennium Challenge Corporation (MCC) Compact grant of USD 500 million and the GoN's contribution of USD 197 million. The program aims to increase the availability and reliability of electricity, maintain road quality and facilitate power trade between Nepal and the region to help spur investments and accelerate economic growth. The Electricity Transmission Project, a national pride project, and the Road Maintenance Project are two projects under the..

Primary location: Kathmandu Nepal