A meeting of the Parliamentary Committee on Natural Resources on Sunday approved the West Seti hydro project and gave it the green light.
Investigations carried out by the committee found that the MoU was signed without informing the Finance Ministry and that the Energy Ministry had hurriedly pushed through the deal with CTGC without a proper bidding process. Furthermore, the Nepal Investment Board (NIB) was excluded from the entire operation.
After these findings were made public, the committee instructed the Energy Ministry to make amendments in the Memorandum of Understanding (MoU) signed with China Three Gorges Corporation (CTGC) before moving ahead with the project. The government has also been given 13-point recommendation to fix procedural errors.