KATHMANDU, Jan 20: Foreign investors have pledged an investment of Rs 515 billion in projects related to the hydropower and energy sector. But the stakeholders have failed to bring in the investment as pledged by foreign investors.
MAKAWANPUR, Aug 22: The Kulekhani Third Hydropower Project is generating 14-MW electricity before Dashain festival that falls on early weeks of October. The project being constructed at Bhimphedi rural municipality-1, Sanotar in Makawanpur is contributing 14-MW to the national grid.
KATHMANDU, Aug 10: Expanding its various business ventures under its welfare activities, the Nepal Army (NA) is preparing to run pharmaceutical companies in the near future, a top army official said on Friday. Brigadier General Sagar Bahadur KC, who heads the Welfare Planning Directorate of Nepal Army, said they are currently making necessary preparation to establish such companies to manufacture vital medicines within the country.
SINDHUPALCHWOK, July 8: Two construction workers went missing while two others sustained injuries due to floods triggered by incessant rainfall in Sindhupalchok district on Saturday night. The injured workers -- Kami Tamang and Pembathokel Sherpa, who were rescued using the long line technique -- were airlifted to Kathmandu for further treatment.
KATHMANDU, April 18: Two 'sick' hydropower projects being developed by Nepal Electricity Authority (NEA) are on the last leg of construction. Nepal Electricity Authority (NEA) has said that Kulekhani III and Upper Trishuli 3A will start power generation by mid-July.
Nepal’s fast flowing rivers offer a tremendous resource to generate clean renewable energy that can fuel its inclusive growth. That is a double bonanza given how other energy sources are contributing to climate change—increasing the risks to lives and livelihoods around the world.
RASUWA, Feb 24: Construction work for Rasuwa-based Upper Sanjen Hydroelectricity Project is 80 percent complete, and is moving forward at a sound pace that would possibly see the project being completed by the end of this year.
KATHMANDU, Feb 22: Work at the Upper Tamakoshi Hydropower Project (UTHP) remained standstill for about a year due to non-performance of an Indian contractor. The mega infrastructure project, which is being built by mobilizing domestic resources, is in the last leg of construction now.
KATHMANDU, Dec 12: ANDRITZ organized its 3rd Customer Day for Hydropower in Kathmandu on Tuesday. Minister for Energy, Water Resources and Irrigation, Barsha Man Pun, and Austrian ambassador to Nepal, Brigitte Öppinger-Walchshofer, jointly inaugurated the program.
KUSHMA, Sept 23: The Lower Modi Hydropower Project located in Parbat district is expected to generate hydroelectricity within a month, the project officials confirmed. The project with the capacity of 20 megawatt was scheduled to generate power in the last fiscal year but it got delayed due to locals' obstruction, natural disasters and other causes.
RASUWA, Aug 27: Works at the Rasuwa-based Rasuwagadhi hydropower project of 111MW capacity are likely to be affected due to shortage of construction materials. Supplies to the power plant have been cut off as the road from Dhunche to Syaphrubesi has been damaged by floods and landslides.
KATHMANDU, July 27: Tanahu Hydropower Company Ltd (THCL) has selected Cooperativa Muratori & Cementisti (CMC) as the contractor to construct head works of its 140-megawatt hydropower plant. Issuing a statement, the hydropower company said the Italian contractor will be awarded Rs 20.64 billion (including provisional sum and value added tax) worth of contract to build cofferdam and construction of dam as part of the first package of head works.
DIPAYAL, July 15: Prime Minister KP Sharma Oli's visit to China in June had elated residents of Province 7. They hoped that the visit would be able to make some headway in implementing the West Seti Hydropower Project.
NEW DELHI, April 9: The State Bank of India (SBI) will be investing a total of INR 80 billion in the Arun III hydropower project of Nepal, which has 900 megawatts (MW) electricity production capacities.
BAGLUNG, April 1: The Theulekhola Hydropower Project in Baglung has started test production.
The 1.5 megawatts project will be connected to the national grid within two weeks after power production starts, said the project chairperson and engineer Surya Prasad Adhikari.
The program brought together prospective Chinese investors as well as senior officials of three hydropower-related companies of the Government of Nepal for interactions on facilitating Chinese investments in Nepal’s hydropower sector.
KATHMANDU, Feb 17: Twenty-two new hydropower plants, mostly medium- and small-sized, will begin generating electricity within this fiscal year. The combined installed capacity of these plants is 214 MW.
KATHMANDU, Feb 13: About a dozen under-construction hydropower projects, which were expected to complete within next 12 months, have started suffering fund crunch as bank and financial institutions (BFIs) have stopped releasing committed loans to these projects.