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Nepal Electricity Authority (NEA) has signed power purchase agreement (PPA) with Rasuwagadhi (111 MW) and Mid-Bhotekoshi (102 MW) Hydropower projects promoted by Chilime Hydropower Company. The price under these PPAs is Rs 8.40 per unit in dry season and Rs 4.80 during wet seasons, according to Sher Singh Bhat, NEA’s Chief of Electricity Trading Department.</p>
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According to the agreement, both the projects are allowed price escalation of 3 per cent per annum up to eight times from the date of the start of commercial power production. While Rasuwagadhi project is estimated to cost Rs 13.68 billion it is Rs. 12.28 in Mid-Bhotekoshi. The cost will be financed by loans and share investment in 50/50 ratio. Employees Provident Fund has promised a loan of Rs 6.225 billion for Rasuwagadhi and Rs 6.21 billion for Mid-Bhotekoshi.</p>
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Nepal Electricity Authority (NEA) has signed power purchase agreement (PPA) with Rasuwagadhi (111 MW) and Mid-Bhotekoshi (102 MW) Hydropower projects promoted by Chilime Hydropower Company. The price under these PPAs is Rs 8.40 per unit in dry season and Rs 4.80 during wet seasons, according to Sher Singh Bhat, NEA’s Chief of Electricity Trading Department.</p>
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According to the agreement, both the projects are allowed price escalation of 3 per cent per annum up to eight times from the date of the start of commercial power production. While Rasuwagadhi project is estimated to cost Rs 13.68 billion it is Rs. 12.28 in Mid-Bhotekoshi. The cost will be financed by loans and share investment in 50/50 ratio. Employees Provident Fund has promised a loan of Rs 6.225 billion for Rasuwagadhi and Rs 6.21 billion for Mid-Bhotekoshi.</p>
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Nepal Electricity Authority (NEA) has signed power purchase agreement (PPA) with Rasuwagadhi (111 MW) and Mid-Bhotekoshi (102 MW) Hydropower projects promoted by Chilime Hydropower Company. The price under these PPAs is Rs 8.40 per unit in dry season and Rs 4.80 during wet seasons, according to Sher Singh Bhat, NEA’s Chief of Electricity Trading Department.</p>
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According to the agreement, both the projects are allowed price escalation of 3 per cent per annum up to eight times from the date of the start of commercial power production. While Rasuwagadhi project is estimated to cost Rs 13.68 billion it is Rs. 12.28 in Mid-Bhotekoshi. The cost will be financed by loans and share investment in 50/50 ratio. Employees Provident Fund has promised a loan of Rs 6.225 billion for Rasuwagadhi and Rs 6.21 billion for Mid-Bhotekoshi.</p>
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<p>
According to the agreement, both the projects are allowed price escalation of 3 per cent per annum up to eight times from the date of the start of commercial power production. While Rasuwagadhi project is estimated to cost Rs 13.68 billion it is Rs. 12.28 in Mid-Bhotekoshi. The cost will be financed by loans and share investment in 50/50 ratio. Employees Provident Fund has promised a loan of Rs 6.225 billion for Rasuwagadhi and Rs 6.21 billion for Mid-Bhotekoshi.</p>
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<p>
According to the agreement, both the projects are allowed price escalation of 3 per cent per annum up to eight times from the date of the start of commercial power production. While Rasuwagadhi project is estimated to cost Rs 13.68 billion it is Rs. 12.28 in Mid-Bhotekoshi. The cost will be financed by loans and share investment in 50/50 ratio. Employees Provident Fund has promised a loan of Rs 6.225 billion for Rasuwagadhi and Rs 6.21 billion for Mid-Bhotekoshi.</p>
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<p>
According to the agreement, both the projects are allowed price escalation of 3 per cent per annum up to eight times from the date of the start of commercial power production. While Rasuwagadhi project is estimated to cost Rs 13.68 billion it is Rs. 12.28 in Mid-Bhotekoshi. The cost will be financed by loans and share investment in 50/50 ratio. Employees Provident Fund has promised a loan of Rs 6.225 billion for Rasuwagadhi and Rs 6.21 billion for Mid-Bhotekoshi.</p>
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Nepal Electricity Authority (NEA) has signed power purchase agreement (PPA) with Rasuwagadhi (111 MW) and Mid-Bhotekoshi (102 MW) Hydropower projects promoted by Chilime Hydropower Company. The price under these PPAs is Rs 8.40 per unit in dry season and Rs 4.80 during wet seasons, according to Sher Singh Bhat, NEA’s Chief of Electricity Trading Department.
According to the agreement, both the projects are allowed price escalation of 3 per cent per annum up to eight times from the date of the start of commercial power production. While Rasuwagadhi project is estimated to cost Rs 13.68 billion it is Rs. 12.28 in Mid-Bhotekoshi. The cost will be financed by loans and share investment in 50/50 ratio. Employees Provident Fund has promised a loan of Rs 6.225 billion for Rasuwagadhi and Rs 6.21 billion for Mid-Bhotekoshi.
Similarly, in Rasuwagadhi and Mid-Bhotekoshi, Chilime will have share investment of 33 and 38 per cent respectively while NEA will have 18 and 10 per cent respectively. Employees Provident Fund Depositors will have 19.5 per cent share on both the projects.
Likewise, employees of Chilime will have 4.5 per cent shares while the people of the project-affected districts will have 10 per cent and other general public will have 15 per cent.
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According to the agreement, both the projects are allowed price escalation of 3 per cent per annum up to eight times from the date of the start of commercial power production. While Rasuwagadhi project is estimated to cost Rs 13.68 billion it is Rs. 12.28 in Mid-Bhotekoshi. The cost will be financed by loans and share investment in 50/50 ratio. Employees Provident Fund has promised a loan of Rs 6.225 billion for Rasuwagadhi and Rs 6.21 billion for Mid-Bhotekoshi.</p>
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<p>
According to the agreement, both the projects are allowed price escalation of 3 per cent per annum up to eight times from the date of the start of commercial power production. While Rasuwagadhi project is estimated to cost Rs 13.68 billion it is Rs. 12.28 in Mid-Bhotekoshi. The cost will be financed by loans and share investment in 50/50 ratio. Employees Provident Fund has promised a loan of Rs 6.225 billion for Rasuwagadhi and Rs 6.21 billion for Mid-Bhotekoshi.</p>
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<p>
According to the agreement, both the projects are allowed price escalation of 3 per cent per annum up to eight times from the date of the start of commercial power production. While Rasuwagadhi project is estimated to cost Rs 13.68 billion it is Rs. 12.28 in Mid-Bhotekoshi. The cost will be financed by loans and share investment in 50/50 ratio. Employees Provident Fund has promised a loan of Rs 6.225 billion for Rasuwagadhi and Rs 6.21 billion for Mid-Bhotekoshi.</p>
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'title' => 'NEA Signs PPA With Rasuwagadhi And Mid-Bhotekoshi',
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Nepal Electricity Authority (NEA) has signed power purchase agreement (PPA) with Rasuwagadhi (111 MW) and Mid-Bhotekoshi (102 MW) Hydropower projects promoted by Chilime Hydropower Company. The price under these PPAs is Rs 8.40 per unit in dry season and Rs 4.80 during wet seasons, according to Sher Singh Bhat, NEA’s Chief of Electricity Trading Department.</p>
<p>
According to the agreement, both the projects are allowed price escalation of 3 per cent per annum up to eight times from the date of the start of commercial power production. While Rasuwagadhi project is estimated to cost Rs 13.68 billion it is Rs. 12.28 in Mid-Bhotekoshi. The cost will be financed by loans and share investment in 50/50 ratio. Employees Provident Fund has promised a loan of Rs 6.225 billion for Rasuwagadhi and Rs 6.21 billion for Mid-Bhotekoshi.</p>
<p>
Similarly, in Rasuwagadhi and Mid-Bhotekoshi, Chilime will have share investment of 33 and 38 per cent respectively while NEA will have 18 and 10 per cent respectively. Employees Provident Fund Depositors will have 19.5 per cent share on both the projects.</p>
<p>
Likewise, employees of Chilime will have 4.5 per cent shares while the people of the project-affected districts will have 10 per cent and other general public will have 15 per cent. </p>',
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'description' => 'Nepal Electricity Authority (NEA) has signed power purchase agreement (PPA) with Rasuwagadhi (111 MW) and Mid-Bhotekoshi (102 MW) Hydropower projects promoted by Chilime Hydropower Company.',
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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
