Showing posts with label Hydro Power Projects. Show all posts
Showing posts with label Hydro Power Projects. Show all posts

Thursday, February 21, 2013

3 projects get power generation licenses

KATHMANDU, Feb 19, 2013

The government has awarded power generation licenses to three hydropower projects with total generation capacity of 36.36 megawatts. The promoters of the projects have been asked to complete their financial closures for project development within a year.

According to the Department of Electricity Development (DoED), 30 MW Nyadi Hydropower Project, 4.36 MW Tungun Thosne Khola Hydropower Project and 2 MW Khani Khola Hydropower Project were granted the licenses last week. "The developers will have to show their financial closures within a year from now," Gokarna Raj Pantha, senior divisional engineer at the DoED, told Republica.

According to Pantha, Nyadi Hydropower Pvt. Ltd -- a subsidiary of Butwal Power Company -- has received generation license to develop Nyadi Khola Hydropower Project. "The estimated construction cost of Nyadi Khola project is Rs 6 billion," Pantha informed.

The run-of-the-river project based in Bahundanda, Lamjung is projected to be completed within four years from the start of construction. "The developers have submitted the letters of intent from the banks as their financial sources," Pantha said.

The developer will have to construct 7-km transmission line of 132 kV capacity to connect the project with the national grid. "The power generated from the Nyadi Khola will have to be connected to the substation at Khudi," Pantha said. The project was first identified in 1993 when the government was working on the Small Hydropower Master Plan. Cowel International (P) Ltd -- a company supported by German Development Agency (GIZ) had conducted the first feasibility study of the project.

Likewise, Pashupati Energy Development Company Limited has acquired generation licenses for Tungun Thosne Khola and Khani Khola hydropower projects. "Pashupati Energy has agreed to develop both the projects in two years," Pantha said. The developer has already started construction of the projects that are based in Bhattedanda, Lalitpur.

The developer will have to lay a 4-km transmission line to connect the project with the national grid at Malta substation.

Meanwhile, the government has scrapped the survey license of 675 MW Upper Panpu Khola that was awarded to Diwas Bahadur Basnet in 2007. "The survey license was cancelled after the project´s environmental impact assessment report was not approved because the project is located inside the Annapurna Conservation Area in Mustang district."

Source: Republica

Tuesday, May 29, 2012

29 hydropower projects apply for construction licence

KATHMANDU, MAY 28, 2012

As many as 29 hydro-power projects, with a combined capacity of 2,463 MW, have applied for construction license at the Department of Electricity as of the 10th month of this fiscal year, record shows.

During the same period last year, only eight companies had applied for the license. “The surge in the number of applicants suggests that the ongoing power crisis will come to an end sooner or later,” said Dilli Bahadur Singh, director general at the department.  Hydro-power companies apply for construction license after they complete their financial closure, environmental impact assessment and power purchase agreement. Projects go into the construction phase after acquiring the license.

A majority of the projects are smaller ones. Of the 29 projects, only six are above 100 MW. Among the big hydro-power projects are Tamakoshi III (650 MW), Upper Marshyangdi (600 MW), Upper Trishuli I (216 MW), Kaligandaki Gorge Project (160 MW) and Upper Tamor (415 MW).

Tamakoshi III is being developed by SN Power and Upper Marshyandi by India’s GMR. The projects are currently waiting for power development agreement (PDA) negotiation. The negotiation for Tamakoshi III has been stalled for almost three years. The government on Saturday handed these two projects to the Investment Board to expedite their PDA negotiations.

According to the department, seven of the applicant projects have capacities between 10 MW and 100 MW. They include Nyasim Khola (21MW), Likhu II (55MW), Likhu I (77MW), Khani Khola (30 MW) and Lower Hewa project (10 MW).

Gyanendra Lal Pradhan, chairman of the Energy Council at the Federation of Nepalese Chambers of Commerce and Industry, said the growing number of license applicants was a positive sign. He, however, cautioned that some of the developers were not in a position to start construction because of low PPA rate. “They are only coming to the construction phase to protect their project development license,” he said.

Source: The Kathmandu Post