Hyderabad: The current tussle with Nepal over that country's territorial claims and cartographic aggression in recent times has further delayed the construction of a mega 5600 MW dam on the Mahakali river which flows between Nepal and the Indian state of Uttarakhand. This river also defines the border between the two countries. The mega-dam was to be built jointly by two countries under an MOU signed in February 1996. During a visit to Kathmandu in 2014 after taking over the reins of power, Prime Minister Modi had expressed his desire to expedite the construction of this dam. An MOU was also signed between the two countries to this effect. The project was roughly estimated to cost over 35 thousand crores and is scheduled to be completed by 2026.
But now this project seems to have run into rough weather given the present Nepalese government's stance against India. The Nepalese Prime Minister KP Sharma Oli, who is a leader of the Maoist Communist Party of Nepal has taken a stand against India under the influence of China. The Chinese President Xi Jin Ping had visited Nepal in October last year to a grand welcome. The Chinese President also signed several treaties for providing logistic and financial support to Nepal.
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This project popularly known as the Pancheshwar dam is stated to be one of the tallest dams in the world. River Mahakali descends from 11800 feet at Kalapani to 660feet as it enters the Terai plains offering an unutilized potential of hydropower. With a proposed height of 315 meters, this dam will be the second largest dam in the world with a power generating capacity of 5600MW. Officials of both India and Nepal have all along been deliberating on the possibility of building this dam since 1956 when the then Central Water Commission had evinced interest in exploiting the power generation potential of this river and also providing irrigation to both the countries