Nepal Electricity Authority Allocates 960 MW in Solar Auction
POWER & RENEWABLE ENERGY

Nepal Electricity Authority Allocates 960 MW in Solar Auction

The Nepal Electricity Authority (NEA) recently concluded its latest auction round, awarding contracts for a total of 960 MW of grid-connected solar power projects to various developers. The tender had initially been floated for 800 MW capacity.

Among the largest winners, the GEPPERT-RAPTI Consortium secured ten projects with a combined capacity of 125 MW, each awarded at a tariff of NPR5.49/kWh. The Mountain-Dordi Consortium won seven projects totalling 105 MW at the same tariff.

Other significant awards included Golyan Power – Pure Energy JV, which was granted five projects with a total capacity of 100 MW, with tariffs ranging from NPR5.38/kWh to NPR5.51/kWh. Solar Farm received three projects totalling 90 MW at a tariff of NPR5.50/kWh, while Gogreen Energy was awarded two projects with a combined capacity of 80 MW, with tariffs between NPR5.39/kWh and NPR5.44/kWh.

Solaeris Energy won a 50 MW project at NPR5.40/kWh, and Rapti Urja also secured 50 MW at NPR5.21/kWh. Asian Hydropower was awarded two projects totaling 40 MW, with tariffs of NPR5.39/kWh and NPR5.47/kWh.

Eco Sun Power Development received four projects totalling 38 MW at NPR5.52/kWh, while Methi Solar-FutureHolding JV was granted three projects totalling 28 MW, with tariffs ranging from NPR5.28/kWh to NPR5.54/kWh.

Additionally, 25 projects totalling 254 MW were awarded to other developers, with tariffs ranging from NPR5.40/kWh to NPR5.341/kWh.

The Nepal Electricity Authority (NEA) recently concluded its latest auction round, awarding contracts for a total of 960 MW of grid-connected solar power projects to various developers. The tender had initially been floated for 800 MW capacity. Among the largest winners, the GEPPERT-RAPTI Consortium secured ten projects with a combined capacity of 125 MW, each awarded at a tariff of NPR5.49/kWh. The Mountain-Dordi Consortium won seven projects totalling 105 MW at the same tariff. Other significant awards included Golyan Power – Pure Energy JV, which was granted five projects with a total capacity of 100 MW, with tariffs ranging from NPR5.38/kWh to NPR5.51/kWh. Solar Farm received three projects totalling 90 MW at a tariff of NPR5.50/kWh, while Gogreen Energy was awarded two projects with a combined capacity of 80 MW, with tariffs between NPR5.39/kWh and NPR5.44/kWh. Solaeris Energy won a 50 MW project at NPR5.40/kWh, and Rapti Urja also secured 50 MW at NPR5.21/kWh. Asian Hydropower was awarded two projects totaling 40 MW, with tariffs of NPR5.39/kWh and NPR5.47/kWh. Eco Sun Power Development received four projects totalling 38 MW at NPR5.52/kWh, while Methi Solar-FutureHolding JV was granted three projects totalling 28 MW, with tariffs ranging from NPR5.28/kWh to NPR5.54/kWh. Additionally, 25 projects totalling 254 MW were awarded to other developers, with tariffs ranging from NPR5.40/kWh to NPR5.341/kWh.

Next Story
Infrastructure Energy

Centre suggests states to list power firms

Power Minister Manohar Lal urged states and union territories to consider listing their power generation, transmission, and distribution companies on stock exchanges to attract investment and improve operational efficiency. Addressing the media, after a conference of power ministers, Lal highlighted the need for increased capital inflows to meet India’s rising power demand, which has placed added strain on the sector. “With the growing power demand, there is a growing need for investment in the sector and improving operational efficiencies. States may identify and take up utilities for lis..

Next Story
Infrastructure Transport

Metro on backburner as Tricity set to get new e-buses circuit

To boost connectivity for the commuters of the Tricity, a new circuit-cum-network of electric buses (e-buses) is all set to come up that will cover Chandigarh, Panchkula, and Mohali. The move comes days after Union Minister for Housing and Urban Affairs Manohar Lal Khattar said that in Chandigarh the ridership is not according to the criteria set for operating a Metro. He had also said that the option of a pod taxi can also be explored as it will not impact the heritage of the Union Territory (UT).Officials stated that the e-buses decision intends to provide an eco-friendly public transportati..

Next Story
Infrastructure Energy

Rajasthan government plans to develop hi-tech city near Jaipur

On the lines of Gujarat International Finance Tech (GIFT) City and Hyderabad Information Technology and Engineering Consultancy (HITEC) City, Raj govt is gearing up to develop a "hi-tech city" close to Jaipur. Recently, Boston Consulting Group – a multinational consulting firm – gave a presentation on the concept of hi-tech cities, follwing which the state govt has started looking for suitable land on outskirts of Jaipur. "We are going to construct a hi-tech city on the outskirts of Jaipur. We are trying to ascertain the amount of land required for core areas of the city and for areas wh..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000