NEA signs PPA with two micro-hydro projectsThe Nepal Electricity Authority (NEA) has signed a Power Purchase Agreements (PPA) to buy electricity generated from two micro-hydro projects.
The Nepal Electricity Authority (NEA) has signed a Power Purchase Agreements (PPA) to buy electricity generated from two micro-hydro projects. With the signing of the PPA, two micro hydro projects—Leguwa Khola in Dhankuta and Syaure Bhumi in Nuwakot districts—with total installed generation capacity of 63 kilowatt will be connected to the national grid. The NEA will buy electricity from the micro-hydro projects at Rs 8.60 per unit during dry season and at Rs 4.80 in the wet season.
The two projects were commissioned in 2007 with the technical and financial support of the Alternative Energy Promotion Centre (AEPC) and are managed by local communities. “This is a positive move to encourage private power developers to invest in alternative energy like micro- and mini-hydro projects,” said Ram Prasad Dhital, executive director at AEPC.