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, 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 […]

K-water interested in Upper Karnali Hydropower in Nepal.

A Korean state-owned hydropower project developer has expressed interest to partner with GMR Upper Karnali Hydropower Limited to develop 900 MW Upper Karnali Hydropower Project. The officials of K-water, a Korean government-owned corporation, were recently in Nepal to take stock of the 145-billion-rupee project. The team, which left Nepal on Sunday, was very positive about […]

Chinese contractor returns to Kulekhani III after after a yearlong gap.

Chinese contractor returns to Kulekhani III after after a yearlong gap.

Zhejiang Jinlun Electromechanic Co – the Chinese contractor for Kulekhani III’s mechanical and electro mechanical works – have sent its representatives at the project site after a yearlong gap. The contracting firm has sent a managerial staff at the project site. The staff is taking stock of work at the site, according to officials of […]

Solu-Dudhkoshi Hydro achieves financial closure.

Solu-Dudhkoshi Hydro achieves financial closure.

A consortium of 11 commercial banks, led by Nepal Investment Bank Ltd, has signed Loan Facilities agreement with Solu (Dudhkoshi) Hydroelectric Project on 4th August, 2016. The project with installed capacity of 86 MW is promoted by Hydro venture Limited which is 100% subsidiary of Sahas Urja Limited. 86 MW Solu Khola Dudhkhosi Hydropower Project […]

Nepal Remit Hydro bags survey licence of two hydropower projects.

Nepal Remit Hydro bags survey licence of two hydropower projects.

The Ministry of Energy (MoE) has decided to issue survey licence of two hydropower projects in the eastern part of the country to Remit Hydro Ltd (RHL) based on the recommendation of Department of Electricity Development (DoED). The DoED had recommended issuing survey licence of 71.5-megawatt Ghunsa Khola Hydropower Project and 53.7MW Sinbuwa Khola Hydropower […]

Construction of Upper Trishuli-1 HPP in Nepal to begin in Oct 2017.

Construction of Upper Trishuli-1 HPP in Nepal to begin in Oct 2017.

If things go according to plan, construction of 216-megawatt Upper Trishuli-1 hydroelectric project will begin in October next year. Upper Trishuli-1 is a project being developed by Nepal Water and Energy Development Company (NWEDC), a joint venture between three Korean companies, the International Finance Corporation (IFC), the private sector lending arm of the World Bank […]

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