60 MW Upper Trishuli 3A’s foundation stone laid
Posted in NEWS on Nov 24, 2011 | no responses

The foundation stone of 60-MW Upper Trishuli III ‘A’ was laid on Wednesday. With the country reeling under acute power crisis, the government is aiming at building the 60-MW project in three years.

Laying the foundation stone of the project located in Simle, Nuwakot, on Wednesday, Energy Minister Post Bahadur Bogati said the project will be a milestone in hydro development.

“Timely completion of the project will be instrumental in minimising load-shedding hours,” the minister said, assuring that the government will prioritise construction of hydropower projects. The estimated cost of the project is Rs 10.6 billion and is expected to be completed by May 1, 2014.

On February 25, 2011, the Cabinet approved a Chinese Exim Bank loan worth Rs 7.08 billion for the construction of the project. The interest rate on the loan is 1.75 percent and its repayment period is 20 years.

China’s Ambassador to Nepal Yang Houlan said Nepal has immense hydropower potential and China is willing to support the Nepali government to develop this sector.

Civil construction work of the project has already been started from June 1, 2011. Chinese contractor, China Gezhouba Group Corporation(CGGC), is carrying out the work. The power generated from the project will be supplied to a substation at Matatirtha in the Capital through a 220-KV 46-KK transmission line. The price of the electricity generated from the project is fixed at Rs 2.42 per unit. (Source:ekantipur)


Bookmark/Share it:   

  • Delicious
  • Facebook
  • Reddit
  • StumbleUpon
  • Twitter
  • RSS Feed
  • Google
  • Digg
  • LinkedIn
  • Technorati



Related Posts :

  • Aims to complete the project by December 2019 Sixteen-year-old West Seti (750 MW) hydro project has got a new developer. The only reservoir project ready for construction located in the far west region will be developed by the China Three ...

  • The Kulekhani Hydropower Project has stopped generating power since Sunday, as it has begun carrying out maintenance work of the main gate valve and turbine of the second unit of the project. "We have stopped generating power from the proj ...

  • The World Bank (WB) has approved a $99 million package for the Nepal-India Electricity Transmission and Trade Project (NIETTP) to help Nepal mitigate the ongoing energy crisis. The project will provide Nepal at least 100 MW of additional ...

  • The 92 MW Kulekhani Hydroelectricity Project resumed operation at full capacity from Wednesday after being in repair for a year resulting in reduced power output. The project had been generating only 46 MW for the last 11 months as the gen ...

  • The Nepal Electricity Authority (NEA) signed power purchase agreements (PPAs) for a combined 361.55-MW electricity with 16 independent power producers (IPPs) in the first nine months of the current fiscal year. The state-owned power utilit ...

  • The general public will heave a sigh of relief this festive season with the government planning to limit power cuts to just an hour a day during Dashain and Tihar. Officials said they have also worked out a plan to ensure “minimum loadshed ...

  • The country’s largest hydropower project will stay shut for a week starting Monday. The closure of Mid-Marshyangdi Hydro Electricity Project is likely to add to the country’s power woes. According to project chief Mahendra Adhikari, Mid-Ma ...

  • The Asian Development Bank (ADB) is extending $80 million loan to Nepal for water distribution improvements in the densely populated Kathmandu Valley. The ADB Board of Directors has approved the Kathmandu Valley Water Supply Improvement Pr ...

  • The Ministry of Tourism and Civil Aviation is planning to set up two cable cars in the outskirts of Kathmandu Valley before Nepal Tourism Year 2011. The Tourism Ministry had conducted a pre-investment feasibility study a year ago of five c ...

  • Prime Minister Dr. Baburam Bhattarai on Monday said that the country was at a crossroads to start creating its own history by beginning economic revolution so as to build a New Nepal. Addressing a gathering organised to sign an agreement b ...