A New York-based company
promoted by Nepalis has joined hands with Chicago-based company to provide
clean and sustainable energy in Nepal.
The New York-based Nepal
Infrastructure Consult (NIC) and Chicago-based renewable energy company New
Generation Power (NGP) has signed a Memorandum of Understanding (MoU) aiming at
enhancing infrastructure and clean energy projects in Nepal.
The New Generation Power
aims at providing clean and alternative energy across the world, whereas Nepal
Infrastructure Consult will represent the project and liaison with appropriate
government, non-government and bi-lateral agencies on behalf of NGP in Nepal,
according to president of NIC Suman Neupane.
The New Generation Power
and its partners — Panasonic, Martifer Solar, Patriot Solar, Jones Lang
LaSalle, Eaton Corporation, Toshiba and Talesun — have commissioned renewable
energy projects in the fields of solar, biomass, wind, hydro, waste to energy
and geo-thermal energy in various parts of the world.
Over 200 MW of renewable
energy projects constructed by them are currently in operation, whereas over
3,000 MW of renewable energy projects are its pipeline in many parts of the
world.
The NGP, in partnership
with Wanxiang America Corp, is also developing a 62MW solar facility adjacent
to the Rockford International Airport in Rockford, Illinois in the US.
Likewise, Nepal
Infrastructure Consult — established with an objective of bringing potential
small, medium and big investors in the US linking project holders,
entrepreneurs in Nepal — aims at helping its clients bridge the gap between
their infrastructure needs and financial resources by focusing on public
private partnerships and innovative capital financing.
Chairman Dr Chirinjeev
Kathuria and senior vice-president (International) Nisha Joshi of NGP and
president of NIC Suman Neupane signed the MoU on behalf of their respective
institutions
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