Budget will prioritize hydropower, agriculture, tourism

Finance Secretary Yub Raj Bhusal said on Tuesday that the government will prioritize hydropower development, agriculture mechanization and innovation in tourism through the budget for the fiscal year 2014/15.

Arun Valley Hydropower Development Company Limited

ARUN VALLEY HYDROPOWER DEVELOPMENT COMPANY LIMITED

Butwal Power Company Limited

BUTWAL POWER COMPANY LIMITED

Chilime Hydropower Company Limited

CHILIME HYDROPOWER COMPANY LIMITED

NEA not to sign PPA with new projects

The Nepal Electricity Authority (NEA) will not sign Power Purchase Agreement (PPA) with new projects stating that electricity will be wasted during the rainy season after five years.

HIDCL to issue public shares worth Rs 2 billion

The Hydroelectricity Investment and Development Company Limited (HIDCL) is preparing to issue ordinary shares worth Rs 2 billion.

IFC to give US$6 billion for hydro projects

The International Finance Corporation (IFC) has pledged financial support worth $6 billion to develop 3000 MW hydropower projects in Nepal.

CDM wants Nepal to go for "dirty" energy rather than "clean" energy

No matter how small the amount of carbon saved, it could make a big difference in keeping the atmospheric carbon concentration from reaching the tipping point, you can answer.

NEW HYDROPOWER PROJECTS IN NEPAL

Some of the following hydropower projects belong to private hydropower companies in Nepal that are now ready for construction or now in under construction. Over the following post, I will keep on writing about new hydropower projects that are ready for construction.

Czech Republic eager to ink Economic Cooperation Agreement with Nepal

Non-resident Ambassador of the Czech Republic, Miloslav Stasek, recently visited Kathmandu in the course of inaugurating the first of its kind exhibition entitled Czech Castles and holding meetings with the members of Nepal’s newly elected government.

IFC permitted to issue Rs 50 billion (US$ 500 million) in local currency bonds

The government has permitted the International Finance Corporation (IFC), a member of the World Bank Group, to issue local currency bonds of up to Rs 50 billion (US$ 500 million) for five years. A cabinet meeting on Thursday decided to allow the private sector lending arm of the World Bank to issue the bonds to collect resources for infrastructure investment on hydropower, agriculture and tourism.

SHORT FINANCIAL OF LISTED HYDROPOWER COMPANIES IN NEPAL

HYDROPOWER COMPANIES IN NEPAL

i) Listed Companies:- There are five listed hydropower companies in Nepal. They are:-

Shivapuri Village Resort

Rs 2.83b loan okayed for Upper Dordi hydro

A consortium of banks led by Nepal Investment Bank Limited (NIBL) has approved a Rs 2.83 billion loan for the development of the Upper Dordi hydropower project.

Invest in Nepal for better return, NRB Governor tells investors

Nepal Ratra Bank (NRB) Governor Yuba Raj Khatiwada has urged foreign investors to put their money in Nepal for better return.

Bangladesh wants to buy 500 MW of electricity from Nepal.

Bangladesh wants to buy 500 MW of electricity from the Upper Karnali and Upper Marsyangdi-II hydro-power projects in Nepal, Power divisions officials said.

HIDCL gets into gear, signs Rs 2b loan deals

Hydroelectric Investment and Development Company Limited (HIDCL) has been gradually moving towards making investments in hydropower projects two and a half years after its establishment.

Sebon delays approval of Upper Tamakoshi IPO

The minimalistic regulations regarding the Initial Public Offering (IPO) management keep stirring up confusions in the capital market and this time lack of functional clarity might delay the approval of Upper Tamakoshi Hydropower’s issue worth two-and-a-half billion rupees.

Billions to flow in for hydel if sector reformed

Nepal’s hydropower sector could receive US$5 billion assistance from the World Bank Group alone if the government shows seriousness about carrying out reforms in the energy sector.

How Long Will I Love You..... My first video using iMovies