Kathmandu, April 5: The Investment Board has approved investment for four projects in the energy sector. The 57th meeting of the board held on Thursday, chaired by Prime Minister and Investment Board Chairman Pushpa Kamal Dahal, approved investment commitments worth Rs 99.20 billion for four different projects. The meeting approved Rs 34.59 billion investment for the 166 MW Super Tamor project, Rs 10.8 billion for the 42 MW Upper Modi-A project, and Rs 21 for the 250 MW solar power Kohlpur and Banganga (Rizen Energy Singapore). An investment of Rs. 33.41 billion has been approved for the Lower Manang Maryangdi Hydropower Project, which has a capacity of 100 billion and 139.2 megawatts. According to the board, foreign investment has been approved for the solar energy project and the lower Manang Marsyangdi project. Board spokesperson Pradyumna Prasad Upadhyay informed that the meeting also decided to approve an additional investment of Rs. 6 billion and 34 million for the Whasin Cement Narayani Project.  The meeting constituted a negotiation committee under the chairmanship of the Chief Executive Officer of the Investment Board to negotiate with the developer for the Project Development Agreement (PDA) of Upper Marsyangdi Hydropower Project and Solar Energy Project Kohalpur and Banganga.  Spokesperson Upadhyay informed that the project development agreement is being signed at the upcoming investment conference of this project. The board has also decided to extend the deadline for the survey permit for solar energy projects in Kohalpur and Banganga until the end of June next year. The meeting has approved the share purchase agreement for the Dang Cement project. The board has approved taking back about Rs 62 crore from the sale of shares. The meeting also decided to allow the Malaysian company Ray-Nicola to submit a bank guarantee to issue a study permit for the establishment of a chemical fertilizer factory. It has been decided to extend the term of the committee formed to study the Tamor Reservoir Hydropower Project and the Nijgadh International Airport Project's blueprint and project development and investment framework until the end of the next financial year. Spokesperson Upadhyaya informed about the formation of a study committee under the coordination of the head of the revenue management division of the Ministry of Finance to study the price adjustment as requested by SJVN Arun-3 Power Development Company, the developer company of the Arun 3 hydropower project. The meeting decided that the investment board will remain the security trustee of the co-financed investment in the 'direct agreement' of this project. People's News Monitoring Service.