This book offers a critical examination of Nepal's bilateral water resource agreements - beginning with the British-Indian government and later the Republic of India - as well as accords with Indian companies. Drawings on a financial engineering, managerial economics and international legal perspectives, it evaluates the economic costs and benefits to Nepal, including both positive and negative externalities.
It delves into landmark treaties such as Sharda, Koshi, Gandaki, and Mahakali; agreements with Indian companies for export-oriented projects like Arun-3, Upper Karnali, and West Seti; and transboundary projects in the pipeline like the Sapta Koshi High Dam, Karnali Chisapani, and Budhi Gandaki. This book also scrutinizes Nepal's transmission system development plan, including the MCC's electricity transmission project.