We use Google Cloud Translation Services. Google requires we provide the following disclaimer relating to use of this service:
This service may contain translations powered by Google. Google disclaims all warranties related to the translations, expressed or implied, including any warranties of accuracy, reliability, and any implied warranties of merchantability, fitness for a particular purpose, and noninfringement.
It was interesting news for the Nepali society, which has been in the dark for decades, that private sector investment will produce hydropower. Diss. Baisakh 30, 1968 was an unfortunate day for many Nepalis.
Because, on this day, the then King Prithvi Birvikram Shah inaugurated Nepal's first and South Asia's second hydroelectric power plant by pressing the switch at Tundikhel. Then it started, in the palace of the Rana ruler.
Despite seeing electricity, Nepalese had to spend many years after that to use it . Nepal had to wait for the next nine decades for private sector investment in electricity generation. Only after the change of 2046, the debate started that the private sector can also invest in the construction of power projects in Nepal . In the year 2049, the news that the private sector is investing in hydropower was also a topic of news.
A feasibility study was conducted for hydropower production in Ramechhap with the help of the Norwegian government. An agreement was signed between Nepal's Butwal Power Company and Norway's Statkraft to jointly invest in the Khimti hydropower project.
This news is published in Kantipur Daily on February 22, 2049 under the title 'Electricity from the private sector'. In which it is mentioned that it has come to know from the Ministry of Water Resources that the hydropower project, which is estimated to cost nearly 100 million US dollars, will be ready within 1997.
At that time, 1 American dollar was equal to 52 Nepali rupees. About 3 years later than the estimated time, i.e. from July 2000 only, the cost increased to 145.2 million dollars. At that time, 7 billion 55 million rupees were invested based on the value of the dollar. It seems that an investment of 125.8 million rupees has been made from
. Compared to now, the amount was not small. A decade and a half ago, according to the price of the dollar and the time, there is still a debate that the cost of electricity generation from 2 gigabytes is very expensive.
A power purchase agreement (PPA) was made in US dollars due to foreign investment. Due to the increase in the value of the dollar, the electricity authority had to pay a large amount every year. It was also opposed.
presentation: Rishiram Paudyal
