The Nepal Electricity Authority (NEA) has signed power purchase agreements (PPAs) for 750 megawatts of solar electricity as part of its strategy to address seasonal power shortages, particularly during the winter months.
About one and a half years ago, the NEA issued a tender to procure 960 MW of solar power through a competitive bidding process, selecting 63 companies. So far, PPAs have been completed for 750 MW, and agreements for the remaining capacity are expected to be finalised soon.
Energy entrepreneur Uttam Bhulon emerged as the largest beneficiary of the tender, securing projects totalling 230 MW. Of this, PPAs have already been signed for 210 MW under 15 solar projects awarded to the Bhulon Group.
The projects have been allocated to the Mountain–Dordi Consortium, Gapert–Rapti Consortium, and Mount–Dordi Company, which collectively secured the 230 MW capacity.
Before construction begins, developers must complete land acquisition, environmental impact assessments, financial closure, and other preparatory requirements.
Under the PPA provisions, solar projects with a capacity of up to 10 MW are required to begin power generation within 18 months, while projects above 10 MW must start production within two years.
The Mountain–Dordi Consortium is developing a 25 MW solar project in Nawalparasi, along with 20 MW projects in Baglung and Parbat. The Gapert–Rapti Consortium is constructing 20 MW solar plants in Tanahun, Gulmi, and Arghakhanchi, as well as 10 MW projects in Kapilvastu, Dang, Banke, and Bardiya.
Similarly, Mount–Dordi Company is building two 10 MW solar projects in Kapilvastu and additional 10 MW projects in Banke and Bardiya.
