Nepal is to host the Power Summit 2013 at a joint initiative of Indian and Nepalese companies to meet its energy crisis by hastening the pace of hydropower development through foreign investment. The Summit aims to meet domestic power demand through increased investment in the power sector, invite foreign investment in hydropower and to prepare […]
Nepal proposes selling an additional 222 MW of electricity to India – EQ Mag Pro
Kathmandu : Nepal has proposed selling an additional 222 MW of electricity to India as it is facing losses of up to 800 MW daily due to increasing electricity generation within the Himalayan nation and decreasing domestic demand. In June, Nepal started exporting the total approved 364 MW of electricity to India through its power […]
NHPC inks MoU with PTC India Limited for sale of power to be generated from upcoming West Seti & Seti River-6 Projects in Nepal – EQ Mag Pro
NHPC inks MoU with PTC India Limited for sale of power to be generated from upcoming West Seti & Seti River-6 Projects in Nepal NHPC Limited signed a Memorandum of Understanding (MoU) with PTC India Limited for sale of power to be generated from upcoming West Seti & Seti River-6 Projects in Nepal, today at […]
Nepal begins selling 177 mw energy to India via power exchange market – EQ Mag Pro
In a major boost for energy cooperation between Kathmandu and New Delhi KATHMANDU: In a major boost for energy cooperation between Kathmandu and New Delhi, Nepal has started selling a total 177.7 megawatts of energy to India from via its power exchange market. “Earlier Nepal had already sold out 37.7 megawatts power to India. After […]
SJVN signs papers to get Rs 6,333 cr loan for Arun-3 hydro project in Nepal – EQ Mag Pro
The consortium, led by SBI India and PNB, have Exim Bank, Canara UBI & Everest Bank, Nepal & Nabil Bank, Nepal as consortium members, according to the statement. State-owned SJVN on Tuesday signed papers to get a Rs 6,333.40-crore loan from a consortium of banks from India and Nepal for funding of its Arun-3 power […]
Sungrow Establishes a New Distribution Partnership with Comtronics Pvt. Ltd. in Nepal
Recently, Sungrow, the global leading inverter supplier for renewables, signed a new distribution agreement with Comtronics Pvt. Ltd., a Nepalese company aiming to develop and satisfy multi-disciplinary clients’ technical needs in Renewable Energy field. This agreement marks Sungrow’s forward-looking strategy in developing the emerging markets of renewable energy ahead of other companies, and will strengthen […]
Nepal to sell surplus electricity in India’s energy exchange market – EQ Mag Pro
Nepal will sell its surplus electricity to India at a competitive rate after New Delhi allowed the neighbouring country to trade its power in the Indian power exchange market, according to media reports on Wednesday. Nepal became an energy surplus country ever since the 456MW Upper Tamakoshi Hydropower Project came into full operation in August […]
ADB Approves Power Project Loan in Nepal
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 […]