Base Rate For PPA Of Solar Projects At Rs 5.94 Per Unit: NEA

March 13, 2022 | Investopaper

Nepal Electricity Authority (NEA) has fixed the base rate for buying electricity generated from solar energy projects.

According to NEA Executive Director Kulman Ghising, the NEA has decided to conclude Power Purchase Agreement (PPA) on solar projects with a base rate of Rs 5.94.

NEA will no longer buy electricity generated from solar projects at more than Rs 5.94 per unit. PPA with the solar projects will not be above the base rate. Those who bid less than that will be given PPA on the basis of competition.

Earlier, NEA had decided to make PPA for solar projects only on the basis of competition. Now, it has fixed the base rate for the PPA. The base rate will remain as the maximum rate of PPA.


Solar Power Projects Under Construction In Nepal


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