Ropeway Nepal

Experts insist on micro-hydro to solve power crisis

Experts insist that focusing on micro-hydro is the only cost effective and easy solution for ever growing energy crisis in the country. Nepal has the potential to establish more than 2200 micro hydro projects and realizing this would change the face of the nation.
Speaking at a workshop in the capital on Friday, Minister for Science and Technology and vice chancellor of Nepal Academy of Science and Technology (NAST) Umakanta Jha said that a developing country like Nepal should develop micro hydropower projects at the community level.
“It is unfortunate that a country which has immense possibility of hydropower is facing long hours of load shedding. It is high time to focus on hydropower projects and move ahead,” he said.
A total of 50 hydropower experts, senior scientists and technicians of the country and 26 foreign delegates from 16 countries including India, Pakistan, Malaysia, Sri-Lanka, Vietnam and Indonesia are participating in the 3-day workshop that kicked off today. The international workshop on ´the role of micro-hydro for developing countries´ has been jointly organized by NAST, Alternative Energy Promotion Center (AEPC) and Science and Technology Centre of India.
At the program, executive director of AEPC professor Govinda Raj Pokhrel stressed for a concrete policy and plan to exploit the hydro-power potential.
“We are so rich in water resources, yet we are facing acute power crisis. The problem cannot be addressed until and unless we have suitable policy for micro-hydro projects which alone is reliable solution to the serious problem we have,” he said. Secretary of NAST, Prof Prakash Chandra Adhikari added that concrete policy on micro-hydro would speed up the country´s development.
Micro-hydro has increasingly been popular in the country over the years. According to Pokhrel, Nepal has made remarkable strides in micro-hydro in the past two decades but a lot needs to be done.
Source : Republica

Upper Mailung ‘A’ signs consortium financing pact

The 6.42 MW installed capacity power project will cost Rs 956.30 million

 Promoted by former president of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Kush Kumar Joshi, Upper Mailung ‘A’ hydropower project has signed a consortium financing led by Nepal Bank.
The 6.42 MW installed capacity power project will cost a total of Rs 956.30 million, including interest during construction, according to chairman of Energy Engineering Joshi. “The project will cost Rs 148.95 million
per MW including interest during construction.”
Of the total project cost, the consortium banks will lend 70 per cent whereas the firm will have 30 per cent equity, he said, adding Nepal Bank is the lead bank with Nepal Investment Bank and Civil Bank as consortium banks.
Developed by Energy Engineering, the 6.42 MW power plant located at Gatlang VDC of Rasuwa district and Tipling VDC of Dhading district has a net annual generation capacity of 35.775 GWh.
The hydropower project is expected to be completed by July 2014, added Joshi, who is also leading the Kathmandu-Hetauda fast track tunnel project through his firm, Nepal Infrastructure Development Company.
Currently, big business houses are also interested in investing in hydropower due to rising cost of operation of industries that has paralysed the domestic economy.
Source : The Himalayan Times

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