Hupsekot Iron Mine to Operate Under Public-Private Partnership Model

Nawalpur. The iron mine located in Hupsekot, Nawalparasi (Bardghat-Susta East) will be operated under a public-private partnership model.

Finance Minister Dr. Swarnim Wagle, while presenting the budget for the upcoming fiscal year 2083/84 in the joint meeting of the Federal Parliament, stated that the iron mine in Hupsekot will be operated under a public-private partnership model.

“We will move forward with reducing the government’s share in the Dhauwadi iron mine and operating it under a public-private partnership model,” he said. Finance Minister Dr. Wagle informed that budget has been allocated for the Narayani Irrigation Project to be revived on the Narayani River flowing through Nawalpur and Chitwan for irrigation infrastructure development.

“I have allocated Rs 44 crore for the maintenance and restoration of irrigation systems including Narayani, Gandak, Koshi pump,” he said. He stated that the Narayanghat-Butwal road section, which is expanding at a slow pace, will be completed in the upcoming fiscal year. “We will expedite the completion of the Narayanghat Butwal road section of the East-West Highway and the Mugling-Damouli-Pokhara section of the Prithvi Highway,” he said.

Finance Minister Dr. Wagle informed that Shaligram Path will be developed by integrating Nawalpur’s Triveni Dham-Devghat, Ruru Kshetra-Kagbeni, Muktinath, and Damodar Kund.