MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a $60 million loan as additional support for the ongoing Electricity Grid Modernization Project that is upgrading power transmission and distribution systems in Nepal. The ongoing project, approved in November 2020, is automating 34 existing grid substations across Nepal, completing the installation of smart meters […]
SJVN Keen to Set Up More Hydro Projects in Nepal: CMD to Nepal PM Oli
Sharma, who is on a three-day visit to the neighbouring nation, called on Oli on Saturday, SJVN said in a statement. New Delhi: SJVN is keen to set up more hydroelectric power projects in Nepal, the power PSU’s CMD N L Sharma informed Nepal Prime Minister K P Sharma Oli on Saturday. Sharma, who is […]
Nepal set to become ‘power surplus’ as 456 MW Upper Tamakoshi project starts generation
Prime Minister K P Sharma Oli on Monday inaugurated the project, located on the Tamakoshi River in Dolakha district. Kathmandu : The 456-megawatt Upper Tamakoshi Hydropower Project, Nepal’s largest so far, has started generating power, paving the way for the Himalayan nation to become “a power surplus country capable of exporting electricity”. Prime Minister K […]
Nepal inaugurates largest power project
The project on Tamakoshi River in Dolakha district, approximately 200 km from Kathmandu, is one of the country’s National Pride Projects Kathmandu : Nepal Prime Minister KP Sharma Oli has inaugurated the Upper Tamakoshi hydropower project, the country’s largest, with an installed capacity of 456MW, which is expected to make the country a power exporter […]
FMO, CDC Group, Swedfund, And IFC Participate In First Close Of Nepal-focused Dolma Impact Fund II
The timing is important as COVID cases rise in Nepal, following the trend in India. Dolma II’s target sectors will directly address capacity constraints in healthcare and enable digital solutions to scale rapidly that will be vital both during and following the pandemic. Dolma Fund Management announces the first close of Dolma Impact Fund II […]
NEA selects contractor to instal electric vehicle charging stations across Nepal
The government has initiated the groundwork for installation of charging stations for electric vehicles across the country. Nepal Electricity Authority (NEA), on Tuesday, handed over the contract for the project titled ‘Supply, delivery, installation, testing, commissioning, operation and maintenance of electric vehicle charging stations’ to a Chinese contractor, Jiangsu Wanbang Dehe New Energy Technology Company. […]
SJVNL bags 679 Megawatt hydro electric power project in Nepal
The Nepalese government has allotted 679 MW Lower Arun Hydro Electric Project in Nepal to SJVN through international competitive bidding, SJVN Chairman and Managing Director Nand Lal Sharma said. New Delhi: State-owned SJVN Ltd has bagged a 679 MW hydro electric project in Nepal, the power ministry said in a statement on Saturday. The Nepalese […]
Nepal’s roadmap for green recovery from Covid-19
Green recovery with social harmony and cohesion can be a utopian concept unless existing structural inequalities are addressed at the same time. Nepal recently restated its commitment to green growth and recovery during Climate Ambition Summit and on the same day the Government of Nepal and Development Partners(DPs) agreed in a joint statement to work […]
Construction of Nepal’s largest solar power project gains speed
KATHMANDU: The construction of the largest Solar Power Project of Nepal is gaining speed in Jhapa district. Jhapa Energy Limited, founded two years ago, is constructing 10 MW solar power plant in 7.27 acres of land in Shivasatakshi Municipality-3 and 4 of the district. The project has an estimated cost of Rs. 790 million of […]
