header banner
ECONOMY

Madhya Bhotekoshi Hydropower Project gets new deadline of December 2022 for its construction

KATHMANDU, Oct 31: The Madhya Bhotekoshi Hydropower Project (MBHP) has witnessed the completion of 75 percent of its construction work in the past eight years since the inception of the project.
By Republica

KATHMANDU, Oct 31: The Madhya Bhotekoshi Hydropower Project (MBHP) has witnessed the completion of 75 percent of its construction work in the past eight years since the inception of the project.  


Earlier, the 102 MW hydropower project had missed multiple deadlines for completion of its construction and now it has received a new deadline of December 2022. According to the project, it has targeted to construct a dam and sedimentation reservoir before the start of the upcoming rainy season.  


Related story

Madhya Bhotekoshi to generate electricity before Dashain


The construction of the MBHP began in 2013, and it was expected to start churning out electricity by 2016. But the project missed a succession of completion deadlines due to natural disasters, land compensation issues and delays by the civil and hydro mechanical contractor Guangxi Hydroelectric Construction Bureau.


The run-of-the-river project is being constructed by Chilime Hydropower Company, a subsidiary of Nepal Electricity Authority (NEA). Initially, the project was estimated to be constructed with an investment of Rs 12.28 billion. Due to delays in completing the project, the estimated cost has been swelled to Rs 15.03 billion, according to NEA.


 

Related Stories
ECONOMY

Global IME Capital to float Madhya Bhotekoshi’s IP...

ECONOMY

Sluggish construction of mid-Bhotekoshi hydropower...

ECONOMY

Work on Madhya Modi Hydropower Project resumes

ECONOMY

Work on Madhya Modi Hydropower Project resumes

ECONOMY

Madhya Bhotekoshi Jalvidyut Company to float IPO w...