October 6, 2021 | Investopaper
The construction of the first section of transmission line under Koshi Corridor 220 KV Transmission Line Project has been completed. Under this, the construction of 220 KV double circuit tower from Inaruwa of Sunsari to Sankhuwasabha’s Basantapur, to Baneshwor to Tumlingtar has been completed.
Nepal Electricity Authority and Exim Bank of India held a joint program in Dhankuta on Monday and announced the completion of the first section transmission line. The transmission line project with an estimated cost of USD 112 million has been constructed with the investment of the Government of Nepal and a concessional loan provided by the Government of India to Exim Bank. Exim Bank has provided a concessional loan of USD 90 million for the project.
The Koshi Corridor transmission line project can transmit about 1,000 megawatts electricity from Tumlingtar to Basantapur, about 1,000 megawatts from Dhungesanghu (Taplejung) to Basantapur and about 2,000 megawatts from Basantapur to Inaruwa.
The Indian company Kalapatru Power Transmission Limited was given a contract on February 25, 2016 to build the Inaruwa-Basantapur-Baneshwor-Tumlingtar 220 kV transmission line of the first package of the corridor. The contract agreement was implemented on June 14, 2016.
Under the second package, a contract agreement was signed with Indian company Larsen & Toubro Ltd (L&T) on July 11, 2018 for the construction of 220/132/33 KV substations in Inaruwa, Basantapur, Baneshwor and Tumlingtar. The construction of the substation is targeted to be completed by March 2022.