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Nepal flood losses estimated at $2.56 billion, official says

By Thomson Reuters Sep 3, 2026 | 10:07 PM

KATHMANDU, Sept 4 – Property, housing and infrastructure worth at least 387.5 billion Nepalese rupees ($2.56 billion) was ​lost in Nepal’s catastrophic floods ‌last week, the country’s disaster authority chief told Reuters on Friday.

In the first four months of early recovery, the estimated cost to ‌build ​roads and temporary ⁠shelters, provide drinking water ⁠and restore power would be around $52.6 million, Dharma Raj Upreti, chief of the National Disaster Risk Reduction and ​Management Authority, said.

“These are estimated amounts. We have calculated this in ⁠coordination with different concerned ⁠agencies and departments,” Upreti said, ​adding that a detailed assessment would be ​done soon.

Nepal will need to rebuild ‌around 20,000 houses in flood-ravaged areas, Upreti said on Thursday, with at least 7,500 of those homes destroyed.

The collapse ⁠of a glacier sent a flood of ice, rock and mud down the Trishuli River ⁠in ‌Nepal’s border region with China ⁠on August 26, wiping out ​towns ‌and villages and killing more ​than 1,250 ⁠people, with more than 4,200 still missing and thousands displaced.

($1 = 151.1800 Nepalese rupees)

(Reporting by Gopal Sharma; Writing by Shilpa Jamkhandikar and Tom Hogue; Editing by ​Saad Sayeed)