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

NEA removes 15 power promoters failing to ink PPA deal from its roaster

CEO Tab by CEO Tab
January 7, 2024
in Prime News
0
NEA invites hydropower promoters for PPA
75
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The Nepal Electricity Authority (NEA) has removed 15 different projects for failing to enter into a Power Purchase Agreement (PPA) from its roster.

You might also like

NRB Allows Bank Accounts to Be Closed from Any Branch or Through Mobile Banking

NRB Orders Banks to Reduce Dormant Accounts, Simplify Closure and Reactivation Process

ADB Raises Nepal’s 2026/27 Growth Forecast to 3.9%, Citing Hydropower Expansion

The NEA stated that the PPA process cannot proceed as the applications were not received within the specified period, and the necessary documents were not attached to the applications received. Most of these projects, lacking the required documentation, are run off the river type. 

According to the Power Trade Department, the combined capacity of these projects is 215 MW. The projects affected by this decision include Upper Trishuli II (102 MW) and Chamelia Chhatigad (85 MW). Following the removal of these project promoters from the roster, the NEA has urged the promoters of six other projects to initiate the PPA process, with a combined capacity of 228 MW.

The NEA has instructed these promoters to contact the NEA within the next 15 days. In its 930th meeting on February 9, 2023, the NEA decided to prioritize projects currently undergoing PPA based on the roster order of the Grid ‘Connection Agreement,’ until the maximum limit of 6,750 MW for river flow projects is reached.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

NRB Allows Bank Accounts to Be Closed from Any Branch or Through Mobile Banking

by CEO Tab
July 12, 2026
0
NRB Allows Bank Accounts to Be Closed from Any Branch or Through Mobile Banking

Customers of banks and financial institutions across Nepal will now be able to close their bank accounts from any branch nationwide or through mobile and internet banking platforms,...

Read more

NRB Orders Banks to Reduce Dormant Accounts, Simplify Closure and Reactivation Process

by CEO Tab
July 12, 2026
0
NRB Orders Banks to Reduce Dormant Accounts, Simplify Closure and Reactivation Process

The Nepal Rastra Bank (NRB) has directed banks and financial institutions (BFIs) to prepare and implement a comprehensive action plan to reduce the growing number of dormant bank...

Read more

ADB Raises Nepal’s 2026/27 Growth Forecast to 3.9%, Citing Hydropower Expansion

by CEO Tab
July 12, 2026
0
ADB Raises Nepal’s 2026/27 Growth Forecast to 3.9%, Citing Hydropower Expansion

The Asian Development Bank (ADB) has upgraded Nepal's economic growth forecast for Fiscal Year 2026/27 to 3.9 percent, citing stronger-than-expected performance in the hydropower sector and increased electricity...

Read more

NEPSE Falls Nearly 2% as Weak Investor Confidence Extends Market Downturn

by CEO Tab
July 12, 2026
0
NEPSE Falls Nearly 2% as Weak Investor Confidence Extends Market Downturn

Nepal's stock market continued its downward trend last week, with the Nepal Stock Exchange (NEPSE) Index declining by 52.62 points, or 1.98 percent, reflecting persistent weak investor confidence...

Read more

22 MW Seti Khola Hydropower Project Begins Trial Electricity Generation in Kaski

by CEO Tab
July 10, 2026
0
22 MW Seti Khola Hydropower Project Begins Trial Electricity Generation in Kaski

The 22-megawatt (MW) Seti Khola Hydropower Project has officially begun trial electricity generation in Pokhara Metropolitan City–33, Kaski, marking another addition to Nepal's expanding hydropower capacity. Developed by...

Read more
Next Post
10 firms keen to receive stockbrokers licenses

NEPSE declined by 19.62 points; investors lost Rs 30 billion

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.