Nepal Floods Could Cost Insurers over $130 Million Even Before Death, Injury Claims

Nepal floods could cost insurers over $130 million even before death, injury claims

By Ashwin Manikandan MUMBAI, Sept 4 (Reuters) - The devastating flood in Nepal last week could result in commercial insurance losses exceeding 20 billion Nepali rupees ($132.3 million), with hydropower projects accounting for most claims, according to ...

UN raises concern for women and girls amid mounting death toll in Nepal floods

The United Nations stated Tuesday that Nepal’s catastrophic flash floods had killed more than 1,000 people, while thousands remain missing. The statement especially noted that women and girls face shortages of food, safe water, healthcare and protection in the wake of the disaster. The UN provided an estimate of 4,247 people who remained unaccounted for as search-and-rescue operations continued. The disaster was triggered on August 26 by a glaci…

Flood disaster tests Nepal’s hydropower ambitions and exports

The 26 August flash floods on the Nepal-China border wiped out or badly damaged 281 megawatts of installed capacity and damaged 388 MW under construction in Nepal, with losses estimated to be hundreds of billions of Nepali rupees. With transmission lines on the Trishuli riverbank washed away, another 150 MW of power is cut off from the national grid.

Flood risks to Nepal hydropower project were known – but banks ignored them

Over 70 Indian workers have been rescued from the Upper Trishuli-1 project. Many are still missing.

Nepal’s flood disaster puts its hydropower-first strategy, exports to the test

KATHMANDU — Nepal’s long-held policy of harnessing hydroelectricity and using it for economic growth has met new challenges: potential catastrophic floods in the snow-fed rivers amid rising global temperatures. The Aug. 26 floods that originated on the Nepal-China border, and which knocked out around 10% of installed power from the national grid, has prompted a […]

Rasuwa: Aftermath of Floods in Nepal #Gallery

Rasuwa: A helicopter is seen at the Upper Trishuli-1 hydropower plant construction site in Nepal’s Rasuwa district on Sept. 3, 2026, as members of a South Korean disaster relief team conduct search and rescue operations... - Social News XYZ