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December 18: The Nepal Electricity Authority (NEA) has in the first five months of the current fiscal year signed power purchase agreement (PPA) with 52 hydropower projects. As told by NEA Spokesperson Prabal Adhikari, the total capacity of such projects is 1,051 megawatts.
According to Rastriya Samachar Samiti (RSS), all of agreements have the private sector investment and their promoters have been urged to complete the fiscal management as soon as possible and move to the construction phase.
The state-run news agency said that the NEA and Arati Hydro Power Company had signed the PPA on the very first day of the current fiscal year. The company has acquired electricity generation license for the 14.10-mw Upper Irkhuwa Hydropower Project based in Bhojpur district.
It may be noted that the December 11 meeting of the NEA Board of Directors held under the chair of Minister for Water Resources and Irrigation, Barshaman Pun decided to make the PPA under the 'Take or Pay' concept, RSS said in a news report.
The government has set the target to generate 15,000 mw power by the next 10 years, making the country self-sufficient on power production.
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<p>According to Rastriya Samachar Samiti (RSS), all of agreements have the private sector investment and their promoters have been urged to complete the fiscal management as soon as possible and move to the construction phase.</p>
<p>The state-run news agency said that the NEA and Arati Hydro Power Company had signed the PPA on the very first day of the current fiscal year. The company has acquired electricity generation license for the 14.10-mw Upper Irkhuwa Hydropower Project based in Bhojpur district.</p>
<p>It may be noted that the December 11 meeting of the NEA Board of Directors held under the chair of Minister for Water Resources and Irrigation, Barshaman Pun decided to make the PPA under the 'Take or Pay' concept, RSS said in a news report.</p>
<p>The government has set the target to generate 15,000 mw power by the next 10 years, making the country self-sufficient on power production.</p>
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<p>According to Rastriya Samachar Samiti (RSS), all of agreements have the private sector investment and their promoters have been urged to complete the fiscal management as soon as possible and move to the construction phase.</p>
<p>The state-run news agency said that the NEA and Arati Hydro Power Company had signed the PPA on the very first day of the current fiscal year. The company has acquired electricity generation license for the 14.10-mw Upper Irkhuwa Hydropower Project based in Bhojpur district.</p>
<p>It may be noted that the December 11 meeting of the NEA Board of Directors held under the chair of Minister for Water Resources and Irrigation, Barshaman Pun decided to make the PPA under the 'Take or Pay' concept, RSS said in a news report.</p>
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<p>According to Rastriya Samachar Samiti (RSS), all of agreements have the private sector investment and their promoters have been urged to complete the fiscal management as soon as possible and move to the construction phase.</p>
<p>The state-run news agency said that the NEA and Arati Hydro Power Company had signed the PPA on the very first day of the current fiscal year. The company has acquired electricity generation license for the 14.10-mw Upper Irkhuwa Hydropower Project based in Bhojpur district.</p>
<p>It may be noted that the December 11 meeting of the NEA Board of Directors held under the chair of Minister for Water Resources and Irrigation, Barshaman Pun decided to make the PPA under the 'Take or Pay' concept, RSS said in a news report.</p>
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