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Domestic developers set sight on Kaligandaki Gorge project

A group of Nepali power developers have decided to proceed with the development of 100 MW-strong Kaligandaki gorge hydropower project to help resolve the crisis of load shedding in the country. Hydro Solutions, a company of the Nepali promoters, has said that it aims to complete the construction of the project by 2012. According to Gyanendra Lal Pradhan, director of the Hydro Solutions, the total cost of the project would be Rs 10 billion