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Namarjun Hydel project to be developed on joint venture model
55 sec to read
March 30: Various six banks including the Janata Bank are to invest in the Namarjun Hydropower Project to be developed by the Himalaya Hydropower.
“The project based in Namarjun VDC of Kaski is to be developed on a joint-venture investment of Nepal Bangladesh Bank, Siddhartha Development Bank, Kailash Development Bank, Vibor Development Bank, Tribeni Development Bank and Kasthamandap Development Bank”, says Sudhir Yadav, Chief Executive Officer of the project. An agreement regarding the investment was signed on Tuesday.
Employees of telecommunication service provider, Ncell, have also share of 40 percent in the 12- megawatt project. The construction of the project is estimated to cost Rs 1.87 billion. The company plans to invest 30 percent of the total cost while BFIs will invest 70 percent. The project is likely to complete within the thirty months since the start of construction.
As, the power purchase agreement (PPA) with the Nepal Electricity Authority (NEA) and environmental impact assessment of the project has already been carried out, it is expected to enter the construction phase shortly. RSS
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'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '11'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '11',
'user_detail_id' => '0',
'group_id' => '24',
'username' => 'nsingha@abhiyan.com.np',
'name' => '',
'email' => 'nsingha@abhiyan.com.np',
'address' => '',
'gender' => '',
'access' => '1',
'phone' => '',
'access_type' => '0',
'activated' => false,
'sortorder' => '0',
'published' => '0',
'created' => '2015-04-08 13:22:59',
'last_login' => '2023-04-16 09:29:47',
'ip' => '172.69.77.43'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '3208',
'hit' => '1032'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
