Energy Minister Barsha Man Pun today inaugurated Trishuli III hydro power project at Kispang rural municipality-5 in Nuwakot
The power developed in Rasuwa and Nuwakot will be supplied to Kathmandu Valley through the 220 KV transmission line. The company has planned to complete the construction within this current fiscal year.
Nepal Electricity Authority (NEA) will invest Rs 19 million, European Investment Bank (EIB) 30 million, a German government-owned development bank (the KfW) 14 million and European Union (EU) will invest Rs 8.48 billion in the hydro project. The EU and KFW will provide technical assistance for the project, according to a press note issued by the EU Office in Kathmandu.
The power supplied through Chilime-Trishuli transmission line III B and Samudratar-Trishuli III B will be connected to this sub-station before being supplied to Kathmandu through a 40-km-long 220 KV two-way transmission line.
The power generated through 15 different hydro power projects developed in Nuwakot and half-a-dozen on the border between Nuwkot and Rasuwa will be connected to this transmission line.
More than 7,200 households will gain first-time reliable electricity access with the construction of the new transmission link, the release read, adding that it expands access to electricity to rural communities and benefits from harnessing renewable energy.
"Once complete the new Chilime-Trishuli Transmission link allows thousands of people living in communities in the Trishuli River Basin and beyond to benefit from clean hydropower energy and a more reliable power supply," Pun said, adding that the crucial energy project is key for sustainable development in Nepal and demonstrates the close partnership between Nepal and European partners.
The new 27-km transmission line will be built through difficult mountainous terrain 50-km west of Kathmandu by the NEA and financed by the EIB, the EU through the Asian Investment Facility, German Development Bank KfW and the government.
Pun, MD of NEA Kul Man Ghising, vice president of the EIB Andrew McDowell, EU ambassador to Nepal Veronica Cody and German ambassador to Nepal Roland Schäfer, and local government and community representatives attended the ground breaking ceremony in Trishuli.
The new transmission link will enable 600MW of clean energy generated from hydropower plants, including independent power producers, on the Trishuli River corridor to be connected to Nepal’s national electricity grid and upgrade existing electricity distribution to enable a more reliable supply of energy.
“Over the coming years investment in clean energy will support sustainable development across Nepal and significantly increase use of renewable energy sources," Ghising said, adding that the Chilime-Trishuli transmission line highlights how technical and financial cooperation between the NEA and European partners benefits Nepal and helps to harness low-carbon power sources.
The distribution scheme under the transmission system will also enable households in remote rural communities to benefit from first time access to electricity and reduce the need for expensive generators and cooking fuels.
"Seeing at first hand how local communities benefit from access to electricity and how communities most vulnerable to a changing climate can benefit from clean energy makes today’s groundbreaking important for both Nepal and Europe," EIB vice president Andrew McDowell said, adding that the project demonstrates the EIB’s firm commitment to supporting climate related investment across Asia and the bank is pleased to provide EUR 30 million to finance construction of the Chilime-Trishuli transmission link.
The EU is pleased to support the Chilime-Trishuli project, ambassador and head of the EU delegation to Nepal Veronica Cody said, adding that the joint cooperation between Nepali and European partners has enabled detailed preparation to be completed and construction to formally start today.
Likewise, ambassador of the Federal Republic of German to Nepal Roland Schäfer, on the occasion, said that support for energy is a key priority for German cooperation in Nepal. "Today provides an excellent opportunity to stand alongside Nepali friends and European partners to show how together we can support sustainable development in this country," he added.
The EU and German government financed comprehensive technical assistance to totalling Euro16.25 million, essential for preparation and implementation of the project, and the EIB is providing a Euro30 million long-term loan to finance construction of the new transmission link, the press note read.
The power developed in Rasuwa and Nuwakot will be supplied to Kathmandu Valley through the 220 KV transmission line. The company has planned to complete the construction within this current fiscal year.
Nepal Electricity Authority (NEA) will invest Rs 19 million, European Investment Bank (EIB) 30 million, a German government-owned development bank (the KfW) 14 million and European Union (EU) will invest Rs 8.48 billion in the hydro project. The EU and KFW will provide technical assistance for the project, according to a press note issued by the EU Office in Kathmandu.
The power supplied through Chilime-Trishuli transmission line III B and Samudratar-Trishuli III B will be connected to this sub-station before being supplied to Kathmandu through a 40-km-long 220 KV two-way transmission line.
The power generated through 15 different hydro power projects developed in Nuwakot and half-a-dozen on the border between Nuwkot and Rasuwa will be connected to this transmission line.
More than 7,200 households will gain first-time reliable electricity access with the construction of the new transmission link, the release read, adding that it expands access to electricity to rural communities and benefits from harnessing renewable energy.
"Once complete the new Chilime-Trishuli Transmission link allows thousands of people living in communities in the Trishuli River Basin and beyond to benefit from clean hydropower energy and a more reliable power supply," Pun said, adding that the crucial energy project is key for sustainable development in Nepal and demonstrates the close partnership between Nepal and European partners.
The new 27-km transmission line will be built through difficult mountainous terrain 50-km west of Kathmandu by the NEA and financed by the EIB, the EU through the Asian Investment Facility, German Development Bank KfW and the government.
Pun, MD of NEA Kul Man Ghising, vice president of the EIB Andrew McDowell, EU ambassador to Nepal Veronica Cody and German ambassador to Nepal Roland Schäfer, and local government and community representatives attended the ground breaking ceremony in Trishuli.
The new transmission link will enable 600MW of clean energy generated from hydropower plants, including independent power producers, on the Trishuli River corridor to be connected to Nepal’s national electricity grid and upgrade existing electricity distribution to enable a more reliable supply of energy.
“Over the coming years investment in clean energy will support sustainable development across Nepal and significantly increase use of renewable energy sources," Ghising said, adding that the Chilime-Trishuli transmission line highlights how technical and financial cooperation between the NEA and European partners benefits Nepal and helps to harness low-carbon power sources.
The distribution scheme under the transmission system will also enable households in remote rural communities to benefit from first time access to electricity and reduce the need for expensive generators and cooking fuels.
"Seeing at first hand how local communities benefit from access to electricity and how communities most vulnerable to a changing climate can benefit from clean energy makes today’s groundbreaking important for both Nepal and Europe," EIB vice president Andrew McDowell said, adding that the project demonstrates the EIB’s firm commitment to supporting climate related investment across Asia and the bank is pleased to provide EUR 30 million to finance construction of the Chilime-Trishuli transmission link.
The EU is pleased to support the Chilime-Trishuli project, ambassador and head of the EU delegation to Nepal Veronica Cody said, adding that the joint cooperation between Nepali and European partners has enabled detailed preparation to be completed and construction to formally start today.
Likewise, ambassador of the Federal Republic of German to Nepal Roland Schäfer, on the occasion, said that support for energy is a key priority for German cooperation in Nepal. "Today provides an excellent opportunity to stand alongside Nepali friends and European partners to show how together we can support sustainable development in this country," he added.
The EU and German government financed comprehensive technical assistance to totalling Euro16.25 million, essential for preparation and implementation of the project, and the EIB is providing a Euro30 million long-term loan to finance construction of the new transmission link, the press note read.
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