For sale a Portfolio of 3x Brand New Hydro Power Plants (HPP) located in Nepal with an installed capacity of 200 MW. The source of energy shares from a conventional source in Nepal is 87% with a significant share in Renewable Energy. Hydropower is the main source of energy in Nepal, more than 90% installed capacity and 90% generation of electricity.

The Portfolio comprises of 3x HPPs with some recently connected with an installed capacity of almost 200MW. The Civil, HM, EM & TL works for the project are completed and it has been officially commissioned and in is the generation phase.

Hydro Power in Nepal

• Water Resource plays major role for the economic development of Nepal. Favorable geophysical feature provides good opportunity for hydropower development.
• Less than 5.1 percent of the estimated techno-economically feasible potential (approximately 80,000 MW) has been developed till date.
• Realizing the potential for hydropower development, the Government of Nepal (GoN) has established various institutional arrangements, formulated several plans and policies to encourage both the public as well as the private sector to be involved in hydropower development.
• Government of Nepal (GoN) has formulated Water Resources Strategy, 2002 and National Water Plan, 2005. With these policies GoN has emphasized the need to increase private sector involvement in hydropower development. It has provided various incentives to attract the private sector in hydropower development.
• Moreover, for protection of the environment, GoN published Environment Protection Act, 1997 & Environment Protection Rules, 1997 & National EIA Guidelines, 1993
•  In Nepal, the first hydropower plant was established at Pharping (500-KW) in 1911, 29 years after the world’s first plant was established.
• Department of Electricity Development (DOED) has published guidelines for study of Hydropower in 2018. The Guidelines has classified hydropower projects on the basis of capacity, head and scheme.

Keypoints

• Andritz Made International Quality Turbines
• 25/75 Loan with local lenders
• Long Term PPA with potential to export energy to India or Bangladesh in the future for a higher PPA Rate per kW, India has set a goal of buying 10,000 MW of electricity from Nepal in 10 years.
• Bid launch to construct 315 km long 400 KVA Cross-Border Transmission Line by MCA-Nepal
• Resettlement Action Plan (RAP) and Livelihood Restoration Plan (LRP) for the transmission lines to be built by MCA-Nepal was signed.
• MCA-Nepal has signed a contract for the construction of a boundary wall around the 400 kV power substation site at Belkotgadhi -7, Ratmate, Nuwakot