Sign In
Learn bits
World Affairs
Mahesh

05/04/22 13:49 PM IST

India-Nepal launch multiple projects

In News 
  • The two countries signed agreements on Nepal becoming the 105th member of the International Solar Alliance (ISA), technical cooperation in railways, supply of petroleum products and sharing of technical expertise in the petroleum sector between Indian Oil Corporation Ltd. (IOCL) and Nepal Oil Corporation Ltd. (NOC).
Details
  • The two Prime Ministers witnessed the launch of the first passenger train service between India’s Jayanagar and Nepal’s Kurtha, the hand-over of the Solu corridor transmission project by India to Nepal and the progress of the construction of 132 health facilities across 10 districts in Nepal under a Government of India (GoI) grant.
  • The two countries announced the launch of the Indian RuPay card in Nepal, with the domestic variant of the RuPay card (roughly 83 per cent of all RuPay cards issued) to be functional on about 1400 Point of Sale (POS) machines in Nepal.
  • The move makes Nepal the fourth country outside India where RuPay is functional after Bhutan, Singapore and UAE.
  • The inaugurated Jaynagar-Kurtha railway section is part of the Jaynagar-Bijalpura-Bardibas rail link being constructed with grant assistance of INR 548 crore from the Government of India.
  • It is a 35 km rail section, 3 km of which lies in the Indian state of Bihar and the rest in Nepal.
  • The project is the first broad-gauge passenger rail link between the two countries, opening an entirely new dimension for cross-border connectivity. 
Solu Corridor
  • The Solu Corridor 132 kV power transmission line and substation project is one of the major projects in Nepal undertaken under the Government of India’s Line of Credit (LoC).
  • The 90 km 132 kV Double Circuit line connects the remote Solukhumbu, Khotang and Okhaldhunga districts of North Eastern Nepal with Nepal’s national electricity grid.
  • After its operationalization, the transmission line will bring electricity from existing and upcoming hydro projects in the area into the national grid, and also supply power into the rural electrification networks of nearby districts.
Source- Indian Express

More Related Current Affairs View All

22 Aug

Uttarakhand State Authority for Minority Education (USAME) Bill, 2025

'The Uttarakhand Assembly on Wednesday passed the Minority Education Bill, 2025, extending minority status benefits to institutions run by the Sikh, Jain, Buddhist, Christian, and

Read More

22 Aug

India needs a national space law urgently

'A nation with a strong base in science and technology is a nation with a strong backbone” — these words of A.P.J. Abdul Kalam ring truer than before as India celebrate

Read More

22 Aug

Organ transplantation

'The National Organ and Tissue Transplant Organisation (NOTTO) recently issued a direction stating that women patients and relatives of deceased donors will receive priority in org

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps