header banner
ECONOMY

NEA aims to generate additional 950 mw of electricity this year

KATHMANDU, March 31: The Nepal Electricity Authority (NEA) has projected that the country will produce 950 MW of electricity in the current fiscal year 2023/24. The NEA is expecting 51 hydropower projects of varying capacities, both small and large, to be completed in this period, leading to the production of additional electricity.
By Hari Prasad Sharma

KATHMANDU, March 31: The Nepal Electricity Authority (NEA) has projected that the country will produce 950 MW of electricity in the current fiscal year 2023/24. The NEA is expecting 51 hydropower projects of varying capacities, both small and large, to be completed in this period, leading to the production of additional electricity.


Some of these projects include large capacity hydropower projects. The NEA plans to complete the 111 MW Rasuwagadhi hydropower project promoted through its subsidiary company within the current year.


Related story

NEA receives permission to import 15 MW more electricity


Similarly, the NEA is scheduled to complete the 73 MW Madhya Tamor, 71 MW Nilgiri Khola-2 (Cascade), 51.4 MW Likhu-1, 38 MW Nilgiri Khola, 32 MW Karuwa Seti Hydroelectric Project, and 30 MW Khani Khola Hydroelectric Projects within this year.


As of now in the current year, the 14.3 MW Upper Mailungkhola, 10 MW Block-1 Hydroelectric Project, and 9 MW Upper Chepekhola Hydroelectric Project have been completed, and electricity has been produced commercially.


Several large capacity hydropower projects are in the final stages of construction. The achievement of the NEA's target appears feasible, provided there are no construction delays due to unavoidable circumstances or other reasons.

Related Stories
ECONOMY

Nepal exports electricity worth Rs 8.32 billion to...

ECONOMY

Indu Shankar, Everest sugar mills to generate elec...

ECONOMY

NEA receives permission to sell electricity in Ind...

ECONOMY

Nepal starts exporting electricity to India

ECONOMY

NEA saves Rs 10b by reducing electricity leakage