Five-bank consortium pledges Rs 1.2 billion

KATHMANDU, OCT 29 - A consortium of five banks and financial institutions (BFIs) led by Nepal Bangladesh Bank (NB Bank) have pledged financing to the 10.6 MW Balefikhola Hydropower Project.

Nepalese developers are moving towards 25 MW.

The involvement of Nepalese private sector in hydropower generation is not so long ago. They were mainly involved in constructing micro and small scale hydropower. The largest hydropower project constructed through Nepalese investment is Chilime hydropower. The installed capacity is 22.1 MW.

PTA signed. What next?

The signing of Power Trade Agreement (PTA) between Indian and Nepal is considered to be a historic moment. Both countries have shown flexibility from each side to make this deal happen. To be more specific, the Modi government showed flexibility towards signing of PTA. The controversial demand of “generation” by Indians only was dropped by the Modi’s government which not only protects the sovereign right of Nepal but also shows that Indian’s willingness to do business with Nepal in a respectful manner.

More German Investment In Nepal’s Hydropower Likely

KATHMANDU, Oct 23 — Nepal is likely to witness significant German investment in its hydropower sector as the recently signed power trade agreement (PTA) between Nepal and India has guaranteed export of Nepal’s electricity to India without hassles and restriction.

Nepal, India sign PTA

KATHMANDU, OCT 21 - Nepal and India have finally signed on the Power Trade Agreement (PTA) that was reached between the two countries couple of months ago.

Khare Khola Hydropower Project signs loan deal.

KATHMANDU, Oct 22: A consortium of 10 commercial banks led by Machhapuchchhre Bank Ltd is financing Khare Khola Hydropower Project (KKHP).

Opportunity from India and Bangladesh prompting Nepal to enlarge its power picture.

Backed by new power trade opportunities in SAARC region, Himalayan country Nepal, with its sky high Hydropower potential, is taking ambitious power plans to have high augmentation in its generation capacity as well as cross border evacuation routes.

Proparco looking for investment prospects in Nepal

Kathmandu, Oct 11:- Encouraged by political stability in Nepal and the recent power trade agreement with India, Proparco, a subsidiary of the French Development Agency, has started consultations with Nepali private companies for debt and equity investment.