A quick guide for hydropower investors in Nepal

The next big thing in Nepali capital market and overall economy is hydropower. The new entrants in Nepal Stock Exchange (NEPSE) are mostly hydropower companies. There will be at least 16 hydropower companies within two years. Currently, there are 6 listed hydropower companies in NEPSE.

Upper Tamakoshi IPO

Below is an interesting article published by ShareSansar regarding the prior allotment of the shares. I will write the details about Upper tamkoshi project, its financials & technical part, future plans and early verdict of share price in the days to come. But for now, go through the following article.

Panel for signing PDA with GMR

A technical committee formed to review the document of the Power Development Agreement (PDA) between the Investment Board of Nepal (IBN) and India’s GMR-ITD Consortium to develop the 900MW Upper Karnali Hydropower Project has recommended signing the agreement with a few revisions in the document.

US hopes Nepal-India PTA & PDA will be signed soon

The ambassador of the United States of America H.E. Peter Bodde called on Prime Minister Sushil Koirala at the latter's residence in Baluatar, Kathmandu, August 22, 2014.

HIDCL launches long-term wholesale loan for banks

The Hydroelectricity Investment and Development Company Limited (HIDCL) has introduced long-term wholesale loan and refinancing for commercial banks looking for investment in hydropower projects.

Indian envoy meets Nepal, seeks support for inking PTA and PDA

Reports have it that with the possibility of signing PTA (Power Trade Agreement) and Upper Karnali PDA (Project Development Agreement) with India in the near future getting distanced as hoped by Indian PM Narendra Modi in his freshly concluded Nepal trip, the Indian Ambassador Ranjit Ray has sought help from the UML leader Madhav Kumar Nepal to get the job done. Very difficult!

Unbundling of NEA is necessary

The project cost of 30 MW Chameliya Hydropower Project is increased to NPR 15.06 billion. The construction of this project was started in mid-January 2008. It was originally scheduled to be completed by mid-June 2011. But the completion date was pushed back by two years until mid-September, 2013 after delays in construction.

Sunkoshi Landslide: Aftermath and Opportunity

On August 2, a massive landslide hit Mankha VDC of Sindhupalchok district. This landslide which occurred on Sunkoshi river wiped out the entire village and took so many lives. It blocked the river and created a dam with the formation of a large lake. The landslide is considered to be one of the most disastrous natural calamities to hit the country in more than a decade.

As they please – Energy pricing

Nepal Electricity Authority procures black file-cases that cost peanuts at market price. But purchase of billions of rupees worth of electricity from developers is decided without any market price assessment. Moreover, vital information on Power Purchase Agreements (PPA) is never made public. This underhand practice has been taking place for the last 30 years. 

ADB ready to facilitate Nepal-India power trading

Asian Development Bank (ADB) today said it is ready to help Nepal in developing its hydropower generation capacity and also offered to play the role of a facilitator in power trading, especially with India.

IPO of Barun Hydropower Company Limited

Barun Hydropower Company Limited is the next hydropower company that is going to be listed in Nepal Stock Exchange. The company has already floated 10% of the issued capital to project affected area, a mandatory requirement of Nepal government. It was oversubscribed by two times. Now, 20 percent of the total issued capital will be offered to general public, i.e. IPO. Civil Capital Market Ltd. is the issue manager. Here is my sincere opinions regarding the company, project and speculated share price when listed in Nepal Stock Exchange.

Developments after Modi’s visit to Nepal

Hydropower was one of the main agendas of Modi’s visit to Nepal. A week has gone by since Modi’s visited Nepal. So what are the progresses so far? Below is the synopsis.

Nepal has no intention to sign umbrella agreement sent by India.

PPA in US dollar is again a hot debate

Nepal Electricity Authority (NEA) has expressed its interest to sign PPA in dollars if it is allowed to hike the retail tariff in order to balance the foreign exchange risk.

Dividend policy to make hydropower projects more profitable.

Investors, unlike previous years, are gradually shifting their focus towards the hydropower sector as it has become more lucrative in terms of dividends compared to banks and financial institutions.

India to let Bangladesh use its territory for power import from Nepal

India has given its assent to allow Bangladesh to import electricity from Nepal through its territory, said state minister for Power and Energy Nasrul Hamid.

India and China vying for energy resources in Nepal

With his two-day trip to Nepal, Narendra Modi became the first Indian PM to visit the neighboring country in 17 years. But was the trip, aimed at boosting ties, enough to counter China’s growing influence? DW examines.

Indian Prime Minister Narendra Modi's visit to Nepal: The outcomes

Modi’s visit made an important mark in Nepal’s history. He has spoken and done a lot to warm and win Nepali hearts to take the relations to a new height. In the speech, considered by the speech-maker as respect to 1.2 billion Indians, Modi encouraged Nepal to become a powerful nation by developing its huge potentials in hydropower, tourism, herbal medicines, and so on.