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Kalanga Gad Hydroelectric Plant

Sector: Hydro • Location: Nepal

Source: World Bank Group

Project
Active

Kalanga Gad Hydroelectric Plant is a 15.33 MW power plant being developed in Bajhang district, on the Kalanga River.

The project is being carried out by Kalanga Hydro, as a sole sponsor. Project cost is estimated at $26.07 million, with D/E ratio of 75:25. It is being financed by a consortium that includes: NMB Bank, NIC Asia Bank, Civil Bank, Janata Bank Nepal, Deva Bikas Bank and Jyoti Bikas B

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The project “Kalanga Gad Hydroelectric Plant” is an infrastructure initiative in the Hydro sector, located in Nepal. Taiyo aggregates data on it from World Bank Group.

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Description

Description

Kalanga Gad Hydroelectric Plant is a 15.33 MW power plant being developed in Bajhang district, on the Kalanga River. The project is being carried out by Kalanga Hydro, as a sole sponsor. Project cost is estimated at $26.07 million, with D/E ratio of 75:25. It is being financed by a consortium that includes: NMB Bank, NIC Asia Bank, Civil Bank, Janata Bank Nepal, Deva Bikas Bank and Jyoti Bikas Bank. Financial closure is estimated to have reached in September, 2016. https://thehimalayantimes.com/business/kalanga-hydro-p-ltd-financial-closure-concludes/ http://www.myrepublica.com/news/5173/

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