Mr. Troy E Kofroth, the Resident Country Director of MCC Resident Country Mission, welcoming Mr. Khadga Bahadur Bisht, who began his tenure as the Executive Director on February 11, 2019.
Kathmandu, February 11, 2019.
Mr. Khadga Bahadur Bisht joined Millennium Challenge Account-Nepal (MCA-Nepal) today as its new Executive Director. MCA-Nepal is an agency of the Government of Nepal formed to manage programs utilizing a $500 million grant from the U.S. government’s Millennium Challenge Corporation (MCC).
As Executive Director, Mr. Bisht manages an Electricity Transmission Project and a Road Maintenance Project with combined budgets totaling $630 million, including $500 million in the U.S. government’s MCC funding and $130 million pledged by the Government of Nepal.
Mr. Troy E. Kofroth, MCC’s Nepal Resident Country Director, welcomed Mr. Bisht and wished for his success in achieving the goal of the projects.
Mr.Tulasi Prasad Sitaula, the National Coordinator of the Office of the Millennium Challenge Nepal (OMCN), briefly highlighted on the achievements the agency gained so far, and expressed the belief that Mr. Bisht’s leadership would implement the programme in a timely manner.
Expressing his pleasure to join the organization, Mr. Bisht said,“I am honored to be a part of the team, which is going to contribute for the infrastructure development of the nation in an historic way.”
Mr. Bisht brings more than 25 years of experience in leadership positions working for international and national organizations, mainly in the infrastructure and power sectors. Prior to taking up this appointment, he served as Plant Manager and Chief of Stakeholder Management/Government Relations for Himal Power Limited’s Khimti I Hydropower Project.
He is also the former President and a founding member of the Independent Power Producers’ Association of Nepal (IPPAN), a non-profit organization that facilitates private sector investments in Nepal’s hydropower infrastructure.
Under the Electricity Transmission Project, MCA-Nepal plans to build total of over 300 km of 400 kV transmission lines through the mid-hills of Nepal with segments from Lapsiphedi, Kathmandu to Butwal in Rupandehi as well as to Hetauda in Makwanpur. The Electricity Transmission Project has been designated by the Nepali government as a Project of National Pride and also includes building three substations.
MCA-Nepal’s Road Maintenance Project will facilitate the maintenance of up to 305 km of roads in Nepal’s Strategic Roads Network and provide a matching fund to encourage the expansion of Nepal’s road maintenance budget. The roads maintenance project will also test new pavement recycling technologies in Nepal for the first time.