China to step up investment in Nepal’s hydropower sector: Nepalese official

China has plans to increase its investments in Nepal to take advantage of the country’s rich hydropower resources, according to a Nepalese official. Nepal’s hydropower sector is particularly attractive to Chinese investors because there is potential to sell some of the power generated to India, said Hong Kong-based Consul General Bindeswar Prasad Lekhak. The Himalayan nation, which borders China and India, has vast untapped hydropower resources and it is keen to attract more foreign investment...