The governments of Nepal and Bangladesh have signed an agreement to build two pumped-storage hydropower plants with a total capacity of more than 1,600 MW in Nepal, according to the Kathmandu Post.
The agreement was signed Oct. 16 by Nepal Commerce Minister Romi Gauchan Thakali and Bangladesh Commerce Minister Tofail Ahmed.
The countries will develop the projects under the Bangladesh, Bhutan, India, Nepal (BBIN) initiative the four countries signed to facilitate regional trade and business.
Electricity produced will be exported to Bangladesh via India through the BBIN economic corridor.
The Department of Electricity Development assumed the responsibility of conducting feasibility studies on both projects. If the projects proceed, they will be developed as the first pumped-storage facilities in the country. Water will be pumped from the reservoir of Sunkoshi III to Sunkoshi II.
Other projects on the Sunkoshi River include 2.6-MW Sunkoshi Small and 10-MW Sunkoshi.