
Prime Minister Narendra Modi is on a two-day trip to Nepal, a visit that aims at resetting and strengthening India-Nepal ties. PM Modi is expected to push for development projects between both the nations while discussing a range of regional and bilateral issues with his Nepalese counterpart.
India's relationship with Nepal assumes great importance, the same is evident from the fact that this is PM Modi's third visit to the Himalayan nation in the last four years.
India seeks to launch a series of development projects with the neighbouring country in a bid to strengthen ties and boost cooperation in the wake of China making inroads into Nepal on the political and economic front.
Earlier today, PM Modi and Nepalese Prime Minister KP Oli launched the construction work of what will translate into the biggest hydroelectric project in Nepal.
New Delhi seeks to rebuild trust in the Himalayan republic by investing in the single biggest foreign investment project in the cash-strapped country. The 900 MW hydro-power project is expected to cost $1.04 billion and is being built by state-run Indian firm Satluj Jal Vidyut Nigam (SJVN) Limited.
"Nepal prominently features in India's neighbour first policy. We assure that we will continue to stand with Nepal," Modi stated.
India, strategically, carves out a plan to get ingood books of Nepal while silently competing with China -- a country which, on the other hand, is pouring aid and investment into Nepali hospitals, roads and hydroelectric plants.
"The power plant will provide employment, economic and business opportunities to Nepal," Modi told reporters.
According to a Reuters report, the project moves fast just about when a Chinese proposal to build a 750 MW power plant in west Nepal faces a roadblock.
PM Modi faces heat over bringing ties with Nepal back to normal with a patchwork of ambitious projects aimed at winning Nepal's trust and faith.
"India-Nepal ties are historic. We are similar in many ways our strength, desires, aspirations are all same. Without Nepal India's faith, history is incomplete," Modi noted.
(With inputs from Reuters)