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ECONOMY

36 MW of electricity of Upper Balephi ‘A’ to be connected to national grid from Monday

KATHMANDU, Oct 23: Upper Balephi ‘A’ Hydropower Project will be supplying 36 MW of electricity to the national grid...

By Republica

KATHMANDU, Oct 23: Upper Balephi ‘A’ Hydropower Project will be supplying 36 MW of electricity to the national grid from Monday.


The project is located in Sindhupalchok district. Umesh Kumar Kasaju, chairman of Balephi Hydropower Company, said they are now at the stage of final testing of the infrastructures including transmission line and transformers.


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Kasaju said they will be supplying electricity to Nepal Electricity Authority as a two-week trial from Monday. “After completing a two-week trial production, we will go into commercial production,” said Kasaju.


The project had planned to supply its production to the national grid a few months ago. But it was postponed due to the floods and landslides in the district last rainy season.   


The project has been constructed at an estimated cost of Rs 7 billion. Of the amount, 30 percent is debt while 70 percent is equity. A consortium of five banks has funded the project. 


 

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