NEA signs PPA for 361.55 MW power this fiscal

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 utility had signed PPAs for 261-MW electricity with 11 IPPs during the same period last year. Of the 16 projects…