The Nepal Electricity Authority (NEA) has acquired proposals from 134 corporations for a complete of three.6 GW. It stated 259 tasks from 127 builders handed the technical bid analysis and might be thought of when the monetary proposals are opened on October 22.


Image: Samrat Khadka, Unsplash

Proposals acquired for the event of 800 MW of grid-connected photo voltaic in Nepal correspond to greater than 4 instances the accessible capability beneath tender, in response to new figures from the NEA.

The state-owned utility ran the tender earlier this yr. It is claimed to have acquired proposals from 134 corporations in complete for a mixed 3.6 GW.

The NEA revealed an inventory of 259 tasks from 127 builders that handed the technical bid analysis, representing a mixed 3,492.5 MW. Financial proposals for these bids might be opened on October 22.

Projects chosen for growth will enter into energy buy agreements with NEA for 25 years. The remaining selection will rely on the substation and value, with the utility setting a value ceiling of NPR 5.94 ($0.04) per unit.

Nepal may have 115 MW of put in photo voltaic by the tip of 2023, in response to figures from the International Renewable Energy Agency (IRENA).

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