Nepal’s electricity production capacity has reached 3,157 MW with the addition of around 1,700 MW in the past three years alone.
The records with the Nepal Electricity Authority (NEA) show that the country’s production capacity grew by around 2,300 MW in the past eight years. By the end of the fiscal year 2014/15, the total installed capacity was Rs 855.88 MW.
According to the NEA, out of the installed electricity capacity of 3,157 MW, 95 percent is contributed by hydropower plants. Likewise, 53 MW of electricity comes from thermal plants, 107 MW from solar energy and six megawatt is generated from biomass.
Of the 2,991 MW of the installed hydropower capacity, around 1,900 MW is produced by the private sector. The remaining amount is produced by the NEA and its subsidiary companies.
Kulman Ghising, managing director of the NEA, informed that the peak electricity demand of the country has reached 2,650 MW. Five decades ago, the electricity demand was only around 40 MW.
Ghising said the NEA has carried out power purchase agreements (PPAs) of 10,300 MW till date. “Eight years ago, the PPA for only 2,800 MW was done,” said Ghising in a press meet organized on Friday.
