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Energy Finance & Investment News in Nepal

Nepali Prime Minister announces intention to revive 1,200 MW hydro project

Nepali Prime Minister announces intention to revive 1,200 MW hydro project

🕔Mar 1, 2018

The Prime Minster of Nepal intends to restart a Chinese-led US$2.5 billion 1,200 MW Budhi Gandaki hydropower project which was previously cancelled and will also remove the currently listed developer, Nepal Electricity Authority.

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650 MW Tamakoshi 3 hydropower plant in Nepal to be developed under PPP

650 MW Tamakoshi 3 hydropower plant in Nepal to be developed under PPP

🕔Jun 5, 2017

Investment Board Nepal (IBN) has announced it is considering to develop a hydropower project under a PPP model with a mix of domestic and international investments.

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Nepal awards the 1,200-MW Budhi Gandaki hydropower project

Nepal awards the 1,200-MW Budhi Gandaki hydropower project

🕔May 31, 2017

The Nepalese government has decided to award the contract to construct the Budhi Gandaki Hydroelectric Project to China Gezhouba Group Corporation (CGGC).

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Indian Cabinet approves US$854.4 million for a hydropower project to be set up in Nepal

Indian Cabinet approves US$854.4 million for a hydropower project to be set up in Nepal

🕔Feb 27, 2017

The Cabinet Committee on Economic Affairs chaired by Hon’ble Prime Minister of India, Sh Narendra Modi has approved the investment proposal for 900 MW Arun –III Hydro Electric Project in Nepal.

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NMB Bank-led consortium to finance hydropower project in Nepal

NMB Bank-led consortium to finance hydropower project in Nepal

🕔Feb 21, 2017

NMB Bank Ltd has successfully executed the financial closure of Upper Solu Khola Hydropower Project which has an installed capacity of 18 MW.

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Banks finance 10 MW Langtang Khola small hydropower project in Nepal

Banks finance 10 MW Langtang Khola small hydropower project in Nepal

🕔Jan 5, 2017

A group of banks has agreed to finance about US$23.7 million for the 10 MW Langtang Khola hydropower project in the Himalaya region of Nepal.

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Financial close for two hydropower projects in far-western Nepal

Financial close for two hydropower projects in far-western Nepal

🕔Sep 15, 2016

The Nepal Goverment has announced that two hydropower projects to be developed in far-western Nepal have achieved the financial closure.

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Hydropower PPP project signed in Nepal

Hydropower PPP project signed in Nepal

🕔Feb 16, 2015

Dudhkoshi Power Company has closed financing with different banks for the development of the 6.5-MW Rawakhola hydropower project in the Federal Democratic Republic of Nepal.

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IFC, GMR Group partner for Power Projects in Nepal

IFC, GMR Group partner for Power Projects in Nepal

🕔Feb 3, 2015

IFC, a member of the World Bank Group, has partnered with India’s GMR Group to develop the 900 MW Upper Karnali hydropower plant, and two transmission line projects in Nepal. The projects will meet energy demands and create jobs in Nepal and the South Asia region.

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Nepal approves Arun-3 900 MW hydropower project

Nepal approves Arun-3 900 MW hydropower project

🕔Dec 1, 2014

Satluj Jal Vidyut Nigam (SJVN) and the Government of Nepal have signed a project development agreement (PDA) for the 900 MW Arun-3 hydropower project.

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WB finances $46m for Kabeli hydro project in Nepal

WB finances $46m for Kabeli hydro project in Nepal

🕔Nov 27, 2014

The Government of Nepal and the World Bank (WB) have signed a $46 million loan and grant agreement for the Kabeli Hydroelectric Project.

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Financial closure for hydropower project in Nepal

Financial closure for hydropower project in Nepal

🕔Oct 23, 2014

Consortium Power Developers (CPD) has achieved financial closure for developing the 24.1 MW Kharekhola Hydropower Project in Nepal.

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Nepal approves India’s GMR plan for $1.4 billion hydroelectric plant

Nepal approves India’s GMR plan for $1.4 billion hydroelectric plant

🕔Sep 22, 2014

The Nepalese government and India’s GMR have signed a project development agreement (PDA) to develop the 900 MW Upper Karnali hydroelectric power plant in the northwest of the country.

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