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The Iconic Island Sumba project has been strengthened by the support of IBEKA, which has provided funding and technical assistance for the construction of micro-hydropower plants on Sumba.
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So far the hydropower plant in Kamanggih has worked well, and Rihimeha claims if he needs maintenance support the government will send an expert to help him.
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Christian Rihimeha manages a micro-hydropower plant in the village of Kamanggih.
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And if we were to harness even half our hydropower potential, and that's exactly what we are working at, the clean, green energy that we export would offset something like 50 million tons of carbon dioxide a year.
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"ALLAI KHWAR HYDROPOWER PROJECT".
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Such PPA will insulate the investors from fall in their projected IRR. In this context, government officials’ reluctance to sign PPA in dollar is a matter of grave concern for foreign investors, who are otherwise keen to invest in Nepal’s hydropower development. In fact, PPA can be signed in convertible currency or in local currency indexed to foreign currency. Foreign Investors prefer PPA in dollar as PPA in local currency indexed to foreign currency is complicated, in the sense that it may be difficult to agree to a common number for price escalation due to fluctuations in foreign risks. International financing usually goes to projects with a high level of predictability and which have proper risks mitigation structures built in. A major concern of international lenders again is Forex risk.
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According to the Department of Electricity Development, 55 companies are in various stages of receiving licences to construct hydroelectric projects in Karnali. Currently, the 3.75 MW Dwarikhola Hydroelectricity Project in Dailekh district is the only plant that is producing energy. The 55 hydropower projects awaiting permits have a combined installed capacity of 9,359 MW. Among them, 21 have obtained survey licences while four are in line to receive them. One is in operation, eight have applied for survey licences and 21 projects have been put in ‘reserve’ by the government.
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KATHMANDU, July 3: The government has provided power production license to additional two hydroelectricity projects. The Department of Electricity Development under the Ministry of Energy provided the power production license to Mayakhola Hydropower Project (15 MW) of Sankhuwasabha district. It is targeted to be completed within the next four years.
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KATHMANDU: Participants at the fourth International Hydro Power Convention shared their views and ideas on new policies and initiatives for hydro power, social responsibility and environmental management and case studies of projects being implemented in India and Nepal. Uttar Kumar Shrestha, managing director of Nepal Electricity Authority, in his presentation on 'Cross border transmission and marketing of power' said construction of high capacity cross border links, as well as appropriate legal framework, were in progress.Deependra Bahadur Kshetry, governor of Nepal Rastriya Bank, said the central bank's Rs 547 billion capital was not sufficient to support the immense potential of hydropower in Nepal. "However, NRB has classified the loan given to hydro projects with capacity up to 50 KW as deprived sector loans, an easy access loan that commercial banks are not eager to lend.
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Barun Hydropower Company Limited (BARUN)has posted rise in net profit by 66.72% percent in thesecond quarter of the FY 2074/75. According to the unaudited financial report published today, its net profit after income tax has risen to Rs 2.23 crore in the second quarter of fiscal year 2074/75 from Rs 1.33 crore in the corresponding quarter of the previous fiscal year 2073/74.
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Although preliminary agreement was signed between the government and Chinese side regarding development of the project five years ago, promoters were waiting for Nepal’s decision on various issues including compensation and resettlement. There will be 77 per cent investment of the Three Gorges and the remaining of the NEA in the 750 MW hydropower project going to be constructed at an estimated cost of Rs 100 billion.
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“It is the white gold for Bhutan today,” said Chhewang Rinzin, managing director of state-owned Druk Green Power Corporation, which runs the country’s hydropower sector. Bhutan’s first megaproject, opened in the southwestern Chukha district in the 1980s, is now one of four major plants which between them have almost 1,500 megawatt capacity — at peak output roughly equivalent to a large nuclear power station, and only five percent of Bhutan’s hydropower potential. Already going far beyond domestic needs in summer months, when monsoon rains fill up the rivers, most of the electric power is sold to India, Bhutan’s giant energy-hungry neighbour.
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The minimum survey license fee for a hydropower project has been fixed at Rs 100,000. Earlier, the minimum license fee was Rs 50,000 and maximum Rs 200,000. A total of 50 projects went to court challenging the decision of the Department of Electricity Development (DoED) to increase the fee. “Among them, 40 projects have acquired a stay order from the Appellate Court, Lalitpur, so we have renewed their licence s by charging them at the old rate,” said DoED spokesperson Gokarna Pant. “We will decide whether to continue the licence s or cancel them after the court gives its final verdict.”
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Officials of Independent Power Producers ́ Association, Nepal (IPPAN) had met minister Jha at the latter ́s office in Singha Durbar on Friday and submitted a 10-point memorandum demanding that the government ́s decision to hike license fees be scrapped. “The government ́s decision to increase survey license fee has had a negative effect on the hydropower sector,” reads the memorandum. “We request government to scrap that decision.” The government had increased survey license fee in October 2012 through a notice in the gazette. “The hike in license fee has discouraged hydropower developers,” states the memorandum.
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Source: ICRA Nepal assigns Grade 4 rating to the upcoming (100%) 25.51 lakh unit right issue of Barun Hydropower; Paid up capital to reach Rs 51.03 crore after the right issue
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Last day to grab IPO shares worth Rs 11.50 crore of United Modi Hydropower for the locals of Parbat district | Nepal Energy Forum
तपाईँको नयाँ म्याक्रोका लागि अन्तिम वस्तु चयन गर्नुहोस् ।ParaCrawl Corpus ParaCrawl Corpus
Employees Provident Fund constructing 680-MW hydropower project
कम्पोजर सञ्झ्यालमा पाठका जगेडा प्रति नियमित रूपमा सिर्जना गर्न सकिने छ । जगेडा सिर्जना गर्न प्रयोग गरिएको अन्तराल यहाँ सेट गरिएको छ । तपाईँले यसको मान ० मा सेट गरेर स्वत: बचत अक्षम पार्न सक्नुहुन्छ ।ParaCrawl Corpus ParaCrawl Corpus
Employees Provident Fund constructing 680-MW hydropower project | Nepal Energy Forum
आदेश संसूचन निर्गत पठाउने स्थानका लागि संसूचन सम्पादन संवादको पूर्वनिर्धारित सेटिङ ।ParaCrawl Corpus ParaCrawl Corpus
Climate Change Impacts on Reservoir based Hydropower Generation in Nepal Climate Change 4 Responses »
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Seminar on Hydropower held at Nepali Embassy in Beijing | सहारा टाइम्स
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RatnaSansar Shrestha, FCA रत्न संसार श्रेष्ठ: West Seti Hydropower Project: Assessment of its Contribution to Nepal’s Economic Development
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Contractor complains about political meddling – Madhya Bhotekoshi Hydropower Project | Nepal Energy Forum
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A six-member technical team of NEWJEC – an engineering consultant firm – completed site observation and preliminary survey of the hydropower project, according to Shyamji Bhandari assistant manager of Tanahu Hydropower Limited. “The team has conducted a general study of geology and dam site as well as environmental and social impacts that the project can make,” he said. NEWJEC will now prepare a survey report suggesting project type, height of dam and location of powerhouse. It will also suggest whether or not the project is feasible.
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30 MW Chameliya Hydropower Project: Korean contractor issues pullout warning | Nepal Energy Forum
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Home News Employees Provident Fund constructing 680-MW hydropower project
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