IBN, Three Gorges to hold talks on transmission lines


    KATHMANDU, July 23:

    west seti2After more than a year of silence, China Three Gorges Corporation (CTGC) has showed interest to take forward the talks on 750-megawatt West Seti Hydropower Project.

    “Officials of the CTGC have told us they would like to talk about taking forward the project, mainly about developing transmission lines to evacuate power generated by the project,” a source privy to the development told Republica.

    According to the source, a team of officials from CTGC are planning to come to Nepal for the talks. “The date of their visit has not been confirmed yet,” the source said.
    The Investment Board of Nepal (IBN) will be holding talks with the officials of CTGC.

    “The officials from IBN and CTGC will hold talks on how to develop transmission infrastructure to evacuate power generated by the project,” the source added.
    The CTGC officials are visiting Nepal after IBN told them its officials would not be able to visit China for the talks.
    The Chinese power developer had invited officials of IBN for talks in China.

    Earlier, CTGC officials had said they the project was financially viable. The officials had made the remark after conducting field study.
    The government had handed 14 large scale projects, including West Seti, to IBN in May 2012.

    “The talks will be mainly focused on transmission line this time as development of project largely depends on power evacuation arrangements from the project site,” the source said.

    The project´s fate had become uncertain after CTGC stopped communicating with the government following dissolution of Constituent Assembly in May, 2012.
    West Seti, one of the mega hydropower projects in the far-western region, is among the priority projects of the government. Through this project, the government aims to supply up to 150 MW of electricity in the western industrial corridor.

    Source : Republica