Celebrating one year of progress in the MCC Nepal Compact, with $126 million in contracts and significant advances in site preparation! 📈 👏 #MCC20 #NepalCompact
👏 ⚡ One Year On- Progress in the MCC Nepal Compact 📖 ! MCA-Nepal marks a year of the launch of the MCC Nepal Compact on 30 August 2024. Following the launch of the Compact and in the past one year, MCA-Nepal has achieved major milestones including award of approx. US$ 126 million worth of contracts to build three 400 kV substations and awarding of contract for the 18 km cross-border transmission line. MCA-Nepal has also made significant progress in field activities to prepare the sites for contractor’s access. This included ensuring work on forest census, land acquisition and resettlement are achieved in adherence with the regulations of the Government of Nepal, MCC Environment Guidelines and International Finance Corporation (IFC) Performance Standard. Major highlights of the progress is available on flyer below: #MCC #nepalcompact #OneYearOn