Investment Board Approves Rs. 38.68 Billion For Three Hydropower Projects
November 13, 2020 | Investopaper
The Investment Board has approved an investment of Rs. 38.68 billion for three hydropower projects to be constructed under public-private partnership (PPP) model. The 45th meeting of the Board of Directors of the Investment Board held on Tuesday approved an investment of Rs 38.68 billion for three projects with a capacity of 200 MW.
The board has approved an investment of Rs. 17.62 billion in the 77.5 MW Ghunsakhola hydropower project. An investment of Rs 10.61 billion has been sanctioned for the 57 MW Himchuli Dordi Hydropower Project. Similarly, an investment of Rs 10.43 billion has been sanctioned for the 65 MW Dudhkhola Hydropower Project.
Out of these three projects, 77.5 MW has been started by a subsidiary of Hydro Electricity Investment and Development Company Limited (HIDCL), a company under the Ghunsakhola government. The project is being constructed in Ghunsakhola of Taplejung district.
Similarly, People’s Hydropower Company will construct the Himchuli Dordi Hydropower Project. The 57 MW Himachuli Dordi Hydropower Project falls in the former Phaleni-Dodheni VDC of Lamjung district. This project is based on run of the river and will cover an area of 120 square kilometers.The length of the tunnel of this project will be 5.5 meters.
Likewise, the 65 MW Dudhkhola Hydropower Project is located in Nasang Municipality of Manang District. This hydropower project is also based on run of the river. The project is under Sita Hydropower Company.
Suggested Readings:
List Of Hydro-power Projects With Construction License
Hydropower Projects In Nepal (Developed By Private Sector)
