Nepal allocates 960 MW in PV tender with lowest bid of $0.037/kWh
The Nepalese authorities had originally planned to allocate 800 MW of PV capacity through the procurement exercise. The 64 selected projects range in size from 5 MW to 50 MW.
Greenzo Energy secures 120 MW solar EPC project in Nepal
Greenzo Energy’s order book has swelled to INR 1,900 crore with the latest addition of 120 MW solar EPC project worth INR 500 crore.
Nepal’s 800 MW grid-tied solar tender oversubscribed
The Nepal Electricity Authority (NEA) has received proposals from 134 companies for a total of 3.6 GW. It says that 259 projects from 127 developers passed the technical bid evaluation and will be considered when financial proposals are opened on Oct. 22.
Tata Power, Dugar Group tie up on solar deployment in Nepal
Tata Power Renewable Energy Ltd (TPREL) and Dugar Power have partnered to deploy a range of on- and off-grid solar energy solutions in Nepal.
11,000 residents in Nepal’s Madhesh province gain access to clean water through solar energy
Solar-powered water pumps with a total capacity of 186 kWp have been installed in the Sarlahi and Siraha districts, benefitting 11,865 residents. The projects are a collaborative effort of Nepal’s Alternative Energy Promotion Centre (AEPC), the Government of Japan, and the United Nations Development Programme (UNDP).
Godrej & Boyce bags $244 million orders in solar, power transmission, and railways electrification
Godrej & Boyce has secured a 20 MW ground-mounted solar project in West Bengal, substation orders in India and Nepal, and a railway electrification project from Indian Railways.
GreenZo to develop 50 MW green hydrogen capacity in Nepal
The Delhi-based renewable project consultant has signed an agreement with Nepal-based hydro and solar power producer API Power to install a cumulative 50 MW of green hydrogen capacity in Nepal by 2025.
Turning Nepal’s solar game around
Until 2016, Nepal suffered from chronic power shortages. At that time, just 65% of the country’s population had access to electricity. Assessing the situation, the International Renewable Energy Agency (IRENA) estimated that the country has the potential for 2.1 GW of installed PV capacity. Although the Nepal Electricity Authority (NEA) has officially been able to buy solar power under long-term PPAs since July 2014, the majority of projects granted these contracts have been large-scale hydropower plants. Following slow activity, plans are finally afoot, however, to boost the country’s solar footprint.
Ministry moves to fend off predatory moves for Covid-weakened solar businesses
Foreign direct investment into Indian solar concerns from China and other neighboring countries will now have to secure the approval of the Ministry of New and Renewable Energy.
India is third largest producer of electricity in the world: Power minister
The government has signed Memorandum of Understanding with Bhutan, Bangladesh, Nepal, and Myanmar to inter-alia improve power connectivity and enhance energy trading in the region.
