Tag: Nepal Hydropower
Upper Tamakoshi Nears Profit as Penalties and Interest Expenses Decline
The Upper Tamakoshi Hydropower Project, which had been operating at a loss continuously for four years after beginning electricity generation, is now moving toward...
HIDCL Profit Drops 27%, Future Returns Depend on Hydropower Investments
Kathmandu: Hydroelectricity Investment and Development Company Limited (HIDCL), which was established to invest in hydropower projects, reported a decline in profit in fiscal year...
Tanahu Hydropower Project’s Main Dam Construction Reaches 62% Completion
Damuli: Construction of the main dam of the 140-megawatt Tanahu Hydropower Project, under construction in Rishing Rural Municipality of Tanahu, has gained momentum. So...
NEA Marks 41st Anniversary Amid Nepal’s Remarkable Electricity Development Journey
Kathmandu. As the Nepal Electricity Authority celebrates its 41st anniversary today, the history of the country's electricity development is linked to a journey of...
Nepal Targets Stronger Grid, Higher Power Use and Expanded Electricity Exports
KATHMANDU: Energy, Water Resources and Irrigation Minister Biraj Bhakta Shrestha has said that although electricity generation is expanding in Nepal, the country must expand...
828 MW Uttarganga Project Enters Construction Phase After Generation Licence
Kathmandu — The 828 MW Uttarganga Reservoir Hydropower Project, which has remained stalled for years amid studies, disputes and procedural complexities, is set to...
IPPAN Urges Electricity Department to Halt License Cancellations Amid PPA Delays
Kathmandu — The Independent Power Producers’ Association, Nepal (IPPAN) has submitted 13 demands and suggestions to the Department of Electricity Development concerning power project...
Financial Closure Completed for 65 MW Dudh Khola Hydropower Project
Kathmandu: Mountain Energy Limited has completed the financial closure for the 65 MW Dudh Khola Hydropower Project, which it plans to construct through its...
Upper Solu Hydro Posts 84.41% Surge in Net Profit
Kathmandu: Upper Solu Hydroelectric Company Limited has reported a significant increase in net profit during the fourth quarter of the last fiscal year. According...
Trishuli Hydropower’s Future Hinges on Upper Trishuli-3B
Kathmandu: Trishuli Hydropower Company Limited is currently operating at a loss. However, evaluating its future solely on the basis of its current financial position...
