NEPAL > Panel endorses PPA in dollar terms

PPA Sourced from the article by Bibek Subedi from Kathmandu Post: http://kathmandupost.ekantipur.com/news/2016-07-13/panel-endorses-ppa-in-dollar-terms.html   Jul 13, 2016- A sub-committee under the Parliamentary Public Accounts Committee has endorsed the government’s plan to sign Power Purchase Agreement (PPA) in US dollar terms with hydropower developers for a certain period, but raised question over some of such deals already signed. In its report, the sub-committee formed to More …

NEPAL > IPO Analysis of Dibyashwari Hydropower Limited

Dibyashwari1 Dibyashwari Hydropower Limited is the next hydropower company that is going to be listed in Nepal Stock Exchange. Here is my sincere opinion regarding the Company, its project and speculated share price when listed in Nepal Stock Exchange. 1) PROJECT BACKGROUND Dibyashwari Hydropower Limited is constructing 4 MW hydropower project at Sabha Khola in Dhupu VDC, Sankhuwasabha. The Required Commercial More …

NEPAL > InvestBank Acquires Equity Stake In Asian (Nepali) Hydroelectric Projects

Investbank LAS VEGAS, Sept. 1, 2015 /PRNewswire/ — InvestBank Corp., the global investment bank headquartered in the United States of America, has acquired a 70% equity stake in the 440 MW Tila-1 hydroelectric project and the 420 MW Tila-2 hydroelectric project in the South Asian country of Nepal. InvestBank is working in cooperation with S.C. Power Company Pvt. Ltd. to develop More …

NEPAL > Energy sector attracts Rs54b in FDI pledges

foreign-direct-investment-FDI With some landmark agreements over the last few years, energy has become the most lucrative sector in Nepal for foreign direct investment (FDI). The signing of the Project Development Agreement (PDA) of two major FDI projects—Upper Karnali and Arun III—and the signing of Power Trade Agreement (PTA) with India has boosted investors’ confidence. This is reflected in the FDI commitment More …

NEPAL > China’s CWE forwards $1.5b FDI proposal to Investment Board of Nepal

West-Seti KATHMANDU, MAR 08 – The development of the 750MW West Seti Hydropower Project has taken a step forward, with China’s CWE Investment Company forwarding a $1.5-billion foreign direct investment (FDI) proposal to Investment Board Nepal (IBN). CWE, a subsidiary of China Three Gorges Corporation (CTGC), had signed a Memorandum of Understanding (MoU) with IBN in August 2012. The latest proposal, More …

NEPAL > Unbundling of Nepal Electricity Authority (NEA) starts

nea KATHMANDU, Feb 23: The government has started unbundling of the Nepal Electricity Authority (NEA) deeming that development of energy sector suffered while generation, transmission and distribution/sale of electricity were handled through a single body. The Energy Ministry has started process to form Grid Development Company by separating transmission from the NEA in the first stage. The ministry has also started More …

NEPAL > 92% FDI funded 65MW Kaligandaki Upper Hydro Project approved by Nepal’s Industrial Promotional Board

ipb-448x330 KATHMANDU: The Nepal Industrial Promotion Board (IPB) has approved the development of hydropower projects in the county. The proposal to develop 92% FDI-funded 65MW Kaligandaki Upper hydro project has been approved by IPB chaired by Industry Minister Mahesh Basnet during a meeting, reports E Kantipur news agency. Additionally, IBP approved Excel Clean Hydropower Company to boost capital and capacity.China’s Sinohydro More …

NEPAL > Industrial Promotion Board approves 3 other hydro FDI projects

hydro images KATHMANDU, FEB 16 – Development of three FDI-funded hydropower projects is all set to move ahead, with the Industrial Promotion Board (IPB) on Sunday giving its go-ahead. The 214th meeting of the IPB chaired by Industry Minister Mahesh Basnet cleared a proposal of 92 percent foreign direct investment (FDI) and 8 percent domestic investment in 65MW Kaligandaki Upper Hydro Project. More …