The multi billion capital investment required to develop these projects is well beyond Nepal’s capacity, and to a lesser extent, India’s as well. Previous negotiations on completed projects between the two countries in the mid 1960’s have resulted in India retaining control over the headwaters located in Nepal. Due to this imbalance of control, Nepal has deliberately forestalled the development of further major projects. Since then, four independent foreign studies of medium and large term hydroelectric projects were identified. At issue was the Karnali project which could produce a potential output of 10.8 GW.