4-MW Puwa Khola 1 small hydropower plant in Nepal completed.

4-MW Puwa Khola 1 small hydropower plant in Nepal completed.

The 4-MW Puwa Khola 1 small hydropower plant on the Puwa Khola River located near the towns of Shanti Danda and Barbote in the Eastern Development Region of Nepal, has begun commercial operations. The US$11 million project financed in part by Sidhhartha Bank and Citizen Bank, and licensed by Nepal Electricity Authority (NEA), was developed by Puwa […]

Land to be allocated for the Tanahu hydropower reservoir in Nepal.

Land to be allocated for the Tanahu hydropower reservoir in Nepal.

The Government of Nepal has decided to provide 19,600 ropanis of land for the development of the Tanahu reservoir hydroelectricity project in Tanahu district. The Cabinet meeting held on August 15 decided to provide the land to develop the 140-megawatt project. According to the Ministry of Land Reform and Management (MoLRM), the Tanahu Hydropower Ltd (THL) […]

Nepal Electricity Authority signs PPA with Upper Trishuli HPP.

Nepal Electricity Authority signs PPA with Upper Trishuli HPP.

The Nepal Electricity Authority (NEA), the state-owned power utility has signed the power purchase agreement (PPA) with 37 MW Upper Trishuli 3B Hydropower Project to purchase the hydroelectricity generated by the project. The NEA and Trishuli Hydropower Company, the promoter of the project signed the PPA on Wednesday amid a ceremony. Kul Man Ghising, the […]

Pancheshwar Multipurporse Project in Nepal suffers setback.

Pancheshwar Multipurporse Project in Nepal suffers setback.

The Pancheshwar Multipurpose Project, a mega hydroelectric-cum-irrigation project prioritised by Prime Minister Sher Bahadur Deuba, is not likely to move ahead anytime soon as talks between Nepal and India to finalise a detailed project report (DPR) ended inconclusively on Wednesday. The setback coincided with the departure of Prime Minister Deuba to India on a five-day […]

Dolma Impact Fund invests in Nepal.

Dolma Impact Fund invests in Nepal.

Dolma Impact Fund, a private equity fund from Europe, has now become a shareholder of Swet Ganga Hydropower & Construction Public Limited Company, promoted by Sanima Hydro Group, as a foreign investor. The Dolma Fund, a British private equity investor, is the first international private equity and impact fund dedicated to investing in Nepal. It […]

Construction of Upper Trishuli 3 ‘A’ resumes.

Construction of Upper Trishuli 3 ‘A’ resumes.

The construction works of the Upper Trishuli 3 A Hydropower Project has resumed. The Chinese Gejuwa Group of Company, contractor of the Upper Trishuli 3 A Hydropower Project, has resumed the work and started the preliminary study at Phaletar of Manakamana in Nuwakot – the dam area of the project. Project Chief Phanindra Raj Joshi […]

Scrap Budhi Gandaki deal with Chinese firm: Ex-PM to Nepal govt.

Scrap Budhi Gandaki deal with Chinese firm: Ex-PM to Nepal govt.

Budhi Gandaki Hydropower Project is a storage type project located in Central/Western Development region on the Budhi Gandaki River of Nepal. Nepal’s former prime minister Baburam Bhattarai today asked the government to scrap the move to hand over a key hydroelectric project to a Chinese company and urged it to start the work without further […]

Nepal: Feasibility study for high dam on Saptakoshi starts.

Nepal: Feasibility study for high dam on Saptakoshi starts.

A joint technical team representing Nepal and India has started a feasibility study for the construction of a high dam on the Saptakoshi River which will provide year-round irrigation facility to a dozen districts from Jhapa to Parsa. The ambitious multi-billion dollar project will provide irrigation, control floods and generate 3,000 MW of electricity. The […]

Pre-construction works of Nepal’s Bheri-Babai project finished.

Pre-construction works of Nepal’s Bheri-Babai project finished.

Pre-construction works of Bheri-Babai Multipurpose Diversion Project have been completed within the deadline, paving the way for actual construction of the irrigation-cum-hydroelectric project to begin in mid-July. The Chinese contractor of the project, located in mid-western Nepal, was given a deadline of mid-July to complete construction of entry points of access road and tunnel, 150-metre […]

AIIB assurance to Nepal of funding for projects could include hydropower developments.

AIIB assurance to Nepal of funding for projects could include hydropower developments.

The Asian Infrastructure Investment Bank (AIIB), on June 20, assured Nepal it will finance two projects, each costing about Rs 10 billion (US$100 million) through soft loans, according to the government of Nepal’s Finance Minister Gyanendra Bahadur Karki. Karki said Nepal expects investments from AIIB in priority sectors that include: transportation, electricity generation, transmission lines, […]

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