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7.5 MW-Jogmai Hydro project starts power generation




ILAM — The Ilam-based Jogmai Khola Hydro-power Project has entered the production phase. Power generated from the 7.5 Megawatt-Project has been linked to the national grid of Nepal Electricity Authority (NEA).

The project promoted by the private sector is based in the Jogmai River that runs through the confluence of Namsaling and Naya Bazar of the district.

According to project developer Sanvi Energy’s managing director Bhanu Pokhrel, power produced from the project has been supplied to the NEA’s two substations at Godak. The powerhouse is capable of producing 4.3 million units of power annually.

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As per the power purchase agreement reached between the project and NEA, the NEA shall purchase power at Rs 4.80 paisa per unit in the rainy season while in winter this prices goes up to Rs 8.40 paisa per unit.

The agreement shall remain into effect for the next 30 years. The price rate shall increase by three per cent yearly from the date of the power production on a commercial scale until the next five years.

It took 27 months to complete the project that cost Rs 1.5 billion.

The project financed by Laxmi Bank is supported by the Prabhu, Vibor Society Development and Kailash Development Banks.

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NPC urges government to seek clarification from Chinese firm

Gorkha Post



KATHMANDU — The National Planning Commission (NPC) has urged the government to seek clarification from China Three Gorges International Corporation (CTGC) over the construction of the Paschim (West) Seti Hydro Power Project.

The meeting of the NPC that began on Sunday, made the decision of seeking clarification from the company with a time period of 90 days regarding the construction of 750 MW hydropower project.

The hydropower project, which is expected to be completed in an investment of 1.60 billion rupees, will have 65 percent investments from the CTGC, 25 percent from the National Electricity Authority (NEA) and the 10 percent investments from the locals as share, as per the plans made before.

CTGC can sell off its 14 percent of its total 65 percent share to the Nepali investors. But the CTGC has been showing dissatisfaction over the rate of purchasing the electricity per unit (PPA). Previously it had asked the NEA to review the rate but got a negative response.

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“We have suggested the government to interrogate the company whether it will be able to complete the project or not. What has been the problem to expedite the construction along with the terms and conditions which the company wants to put forward,” NPC Vice President Swarnim Wagle said.

The CGTC, which has been delaying the construction over its dissatisfaction over the PPA, has been threatening to walk out of the construction.

The project, which covers the area of Doti, Dadeldhura, Baitadi, and Bajhang districts of Far Western Development Region of Nepal, can produce 3.33 billion units of electricity on yearly basis, accoridng to the probability study of the project.

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