CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

First privately-run hydroelectric plant starts operation

CEO TAB by CEO TAB
February 16, 2020
in Prime News
0
Kaligandaki 'A' hydropower station shut down for three days
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Itahari, February 14: With the maiden operation of the Upper Khorunga Rivulet Small Hydroelectric Project on Thursday, the first privately-run hydroelectric project has been materialized in Terhathum, the eastern hilly district of Nepal. The 7.5-megawatt project of around Rs. 1.37 billion has started its operation from its powerhouse at Menchchyayem Rural Municipality-6, Kholakhet of Tehrathum.

You might also like

Commercial Banks Further Reduce Deposit Interest Rates for the Month of Magh

Nepal Rastra Bank Resumes Frequent Bond Issuance After 10 Years to Manage Excess Liquidity

Gold and Silver Reach Highest-Ever Prices Again Today

The power generated from this project has been linked with the national grid through a sub-station of Nepal Electricity Authority located at Jirikhimti Bazar of Tehrathum. The much-anticipated project, run by Terhathum Power Company, has made Tehrathum self-reliant on electricity, said Laxman Tiwari, one of the investors of this only functional hydropower plant in the district.

”Based on current electricity demand in the district, Terhathum needs around three megawatts ”, said Tiwari, ”Our 7.5 megawatts of electricity will be surplus to export to other districts through the national grid,” Tiwari said the district wouldn’t face any load-shedding in the future. Terhathum Power Company had inked the Power Purchase Agreement (PPA) with Nepal Electricity Authority in 2017. It had started the project construction since 30 January 2018 and completed within two years as specified in the PPA.

According to the company, it will generate Rs. 250 million per year by selling its power. Having already employed hundreds of human resources, the project will employ 15 permanent staff, Tiwari informed. This is the second hydroelectric project in the district. During Panchayat-era, a micro-hydroelectric plant named Khorunga Rivulet Micro Hydroelectric Project with a capacity of 130 kilowatts was built by Nepal Government. The first hydroelectric project came to a halt a decade ago. RSS

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

Commercial Banks Further Reduce Deposit Interest Rates for the Month of Magh

by CEO Tab
January 14, 2026
0
Commercial Banks Cut Interest Rates Amid Excess Liquidity

Commercial banks have announced new deposit interest rates for the month of Magh. With credit flow shrinking and liquidity piling up, banks that had already been continuously reducing...

Read more

Nepal Rastra Bank Resumes Frequent Bond Issuance After 10 Years to Manage Excess Liquidity

by CEO Tab
January 14, 2026
0
NRB removes margin lending of Rs 120 million

After ten years, Nepal Rastra Bank has once again started issuing bonds almost daily.With excess liquidity building up in banks and financial institutions, the central bank — which...

Read more

Gold and Silver Reach Highest-Ever Prices Again Today

by CEO Tab
January 14, 2026
0
NRB sells gold and silver coins for upcoming Tihar

Gold and silver prices have once again climbed to their highest levels on record today. The Nepal Gold and Silver Dealers’ Association reported that after rising by Rs....

Read more

Government Report Finds Gen Z Protests Caused Nepal’s Largest Recorded Losses

by CEO Tab
January 14, 2026
0
Gen Z Protests Cause Massive Property Damage, Insurers Brace for Record Claims

A government report has found that the Gen Z-led protests of September 8 and 9 resulted in the highest level of physical and human losses ever documented from...

Read more

Significant Rise in Gold and Silver Prices in the Nepali Market Today

by CEO Tab
January 12, 2026
0
NRB sells gold and silver coins for upcoming Tihar

Gold and silver prices saw a sharp increase in the Nepali market today, Monday. As reported by the Nepal Gold and Silver Dealers’ Association, the price of gold,...

Read more
Next Post
Per capita energy consumption level goes up

Per capita energy consumption level goes up

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.