The Investment Board Nepal (IBN) and Power Construction Corporation of China (Power China) agreed to construct the 756-762-megawatt Tamor Storage Hydropower project on government-to-government basis. According to joint agreement signed in January 2020, the construction of hydroelectric project will be started within upcoming two years. Last year, IBN has approved estimated investment of US $ […]
Nepal and China joined hands to develop first ever cross-border 400 kv transmission line. Both countries formed a joint technical team to expedite its construction in government-to-government (G2G) model. However, project is in initial stage with no apparent progress on the preparation of a detailed project report, construction and funding modalities. During Chinese Foreign Minister […]
Initially, a Norwegian firm decided to develop Tamakoshi hydropower project, with an installed capacity of 650 mw, but discontinued due to political tension between Nepal and India. However, in 2019, two Chinese and one Nepali firm have decided to jointly develop the Tamakoshi 3 hydropower project of 200 mw with worth investment of USD 500 […]
The China-backed Asian Infrastructure Investment Bank (AIIB), in 2019, approved a loan of up to USD 90 million to develop 216 mw Upper Trishuli-1 hydro power project under a build-own-operate-transfer model, located on Trishuli River in Nepal. The total cost of project is around USD 650 million financed completely by foreign capital coming from the […]
The Budhi Gandaki hydropower project, located in Central/ Western development region on the Budhi Gandaki river of Nepal, is a ‘storage-type project’ that aims to address the energy shortage in the country. The 1200 mw project, once listed in the BRI in 2017, was abandoned by the government owing to irregularities and delay in award […]
In 2017, Butwal Power Company, a Nepalese firm, in association with three Chinese companies agreed to develop three separate hydropower projects of at least 1000 mw with an investment of up to USD 3 billion in 5 years ahead. Followed by a number of other projects, this joint venture under the BRI is a long […]
The Upper Marsyangdi-A power station, located in the upstream of the Marsyangdi river in Lamjung district, Nepal, is a joint venture of Power China and Sino-Sagarmatha Power Ltd. With a few months’ delay due to unfavorable conditions like earthquakes and border blockade, the project commenced in 2013, completed in 2016 and became operational in 2017. […]
Narocholai coal power plant, also knowns as Lakvijaya coal plant is the country’s largest coal power based energy generator located in Norocholai, Puttalam, on the southern-end of the Kalpitiya Peninsula. In spite of protests from civil society and environmental organizations, the construction began in 2007, project completed and operationalized in three phases in 2011, 2013 […]
The Bangladesh Power System Upgrade and Expansion project is a successful example of China-Bangladesh cooperation under BRI. The project, costing around USD 165 million, has benefited over 7 million locals. The project helped provide over 2.5 million locals (in rural) areas with electricity connections. Sourcehttp://www.china.org.cn/opinion/2019-09/29/content_75257537.htmhttps://www.aiib.org/en/projects/details/2019/approved/Bangladesh-Power-System-Upgrade-and-Expansion.htmlhttps://www.adb.org/projects/49423-004/main
NEPRA granted generation license to Western energy for 50 MW wind power project in 2017. Theproject is in development stage and aim to create over 100 employment opportunities duringconstruction phase. Sourcehttp://cpec.gov.pk/project-details/80