Arun -4

Nepal Electricity Authority and India’s Sutlej Hydropower Corporation will jointly build the Rs79.12 billion Arun-4 hydropower project in eastern Nepal which will generate 2.14 billion units of hydroelectricity a year. As per the agreement, Nepal will get 21.9% of free energy from the 695MW project and 49% share ownership while Sutlej gets 51%, locals receive 10% and the general public 15%.
The agreement was signed in the presence of Prime Ministers Deuba and Modi in Lumbini on 13 May.
The two leaders also discussed building the much-delayed West Seti reservoir project in western Nepal from which India will get electricity and regulated water.