{"id":414882,"date":"2025-08-14T13:31:25","date_gmt":"2025-08-14T07:46:25","guid":{"rendered":"https:\/\/radionepalonline.com\/en\/?p=414882"},"modified":"2025-08-14T13:31:25","modified_gmt":"2025-08-14T07:46:25","slug":"mcc-nepal-compact-advances-with-key-contracts","status":"publish","type":"post","link":"https:\/\/radionepalonline.com\/en\/2025\/08\/14\/414882.html","title":{"rendered":"MCC Nepal Compact advances with key contracts"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-414883 size-full\" src=\"https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2025\/08\/mcc.jpg\" alt=\"\" width=\"1000\" height=\"550\" srcset=\"https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2025\/08\/mcc.jpg 1000w, https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2025\/08\/mcc-300x165.jpg 300w, https:\/\/radionepalonline.com\/en\/wp-content\/uploads\/sites\/2\/2025\/08\/mcc-768x422.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-1adg3ll r-1g7jtus r-1x3r274\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-1x3r274\"><strong>August 14, Kathmandu:<\/strong> The Millennium Challenge Corporation Nepal Compact has moved forward after a successful U.S. government foreign aid review. On Thursday, two major contracts were signed for the Electricity Transmission Project, a joint effort between Millennium Challenge Account Nepal and the U.S. government<\/span><\/span><\/span><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-1adg3ll r-1g7jtus r-1x3r274\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-1x3r274\">.<\/span><\/span><\/span><\/p>\n<p><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-1adg3ll r-1g7jtus r-1x3r274\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-1x3r274\">MCA-Nepal signed agreements with Angelique-Skipper Joint Venture for the Ratamate to New Damauli transmission line and Waiba-Salasar Joint Venture for the New Damauli to New Butwal transmission line. These contracts, worth 154.5 million US dollars, cover the design, installation, testing, and operation of a 180-kilometre, 400-kilovolt transmission line.<\/span><\/span><\/span><\/p>\n<p><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-1adg3ll r-1g7jtus r-1x3r274\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-1x3r274\">The signing took place at MCA-Nepal\u2019s office, attended by officials from Nepal\u2019s Ministry of Finance, Nepal Electricity Authority, MCC, and the U.S. Embassy. Khadga Bahadur Bisht, MCA-Nepal Executive Director, and representatives of the joint ventures signed the agreements.<\/span><\/span><\/span><\/p>\n<p><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-1adg3ll r-1g7jtus r-1x3r274\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-1x3r274\">John Wingle, MCC Deputy Vice President, said the contracts show U.S. support for Nepal\u2019s development goals, improving electricity access and regional power trade. Ghanshyam Upadhyaya, Ministry of Finance Secretary and MCA-Nepal Board Chair, praised the U.S. aid and pledged ongoing government support, calling the agreements a symbol of U.S. commitment to Nepal\u2019s progress.<\/span><\/span><\/span><\/p>\n<p><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-1adg3ll r-1g7jtus r-1x3r274\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-1x3r274\">Jason Meeks, U.S. Embassy Deputy Chief of Mission, said the partnership strengthens Nepal\u2019s infrastructure and long-term growth. Bisht noted the shared commitment of the Nepal government and stakeholders.<\/span><\/span><\/span><\/p>\n<p><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-1adg3ll r-1g7jtus r-1x3r274\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\"><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3 r-1x3r274\">The 697-million-dollar MCC Nepal Compact aims to boost private sector investment and economic growth through energy and road projects. It seeks to enhance infrastructure, cross-border energy trade, and Nepal\u2019s transport network.<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>August 14, Kathmandu: The Millennium Challenge Corporation Nepal Compact has moved forward after a successful U.S. government foreign aid review. On Thursday, two major contracts were signed for the Electricity Transmission Project, a joint effort between Millennium Challenge Account Nepal and the U.S. government. MCA-Nepal signed agreements with Angelique-Skipper Joint Venture for the Ratamate to &hellip;<\/p>\n","protected":false},"author":8,"featured_media":414883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[75,8,3,6,4,5],"tags":[],"reporter":[],"class_list":["post-414882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-administration","category-en-cover","category-english","category-en-featured","category-en-news","category-top-stories"],"acf":[],"_links":{"self":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts\/414882"}],"collection":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/comments?post=414882"}],"version-history":[{"count":1,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts\/414882\/revisions"}],"predecessor-version":[{"id":414884,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/posts\/414882\/revisions\/414884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/media\/414883"}],"wp:attachment":[{"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/media?parent=414882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/categories?post=414882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/tags?post=414882"},{"taxonomy":"reporter","embeddable":true,"href":"https:\/\/radionepalonline.com\/en\/wp-json\/wp\/v2\/reporter?post=414882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}