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NEA Tanahun HPP

Sector: Hydro • Location: Three, Nepal

Source: World Bank Group

Project
Distressed

The Neap Electricity Authority (NEA) was planning the development of the 140MW Tanahun hydropower plant.

The project was to be 74% owned by NEA, and 26% by the consultant working with NEA. That consultant was to hold the equity share for 10 years, upon which NEA would purchase it back. Construction was expected to start in March 2014. Commissioning was expected for January 2020. The PPA will hav

Status
Failure
Sector
Hydro, Government, Power Generation (CCGT), Commercial
Location
Three, Nepal
Updated
22 Jul 2026
Source
World Bank Group

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The project “NEA Tanahun HPP” is an infrastructure initiative in the Hydro sector, located in Three, Nepal. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

distressed

Taiyo status

Failure

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Neap Electricity Authority (NEA) was planning the development of the 140MW Tanahun hydropower plant. The project was to be 74% owned by NEA, and 26% by the consultant working with NEA. That consultant was to hold the equity share for 10 years, upon which NEA would purchase it back. Construction was expected to start in March 2014. Commissioning was expected for January 2020. The PPA will have to by at least Rs.7/kWh to cover cost, reportedly (US$0.0813). The project has applied for a construction license, and the MoE is preparing a draft PPA. The project received pledges from ADB, JICA and EIB towards US$391 million in grants and soft loans: ADB: US$38 million (grant) ADB: US$123 million (concessional loan, @1%) JICA: US$180 million (concessional loan, @0.01%) EIB: US$50 million (concessional loan, @1%) Total funding also includes government funds of Rs.2 billion (US$23.2 million), and other equity of US$48 million. The Kathmandu Post: ADB, JICA, EIB pledge US$391m for 140MW Tanahun hydel project, 12 August 2012

Original sector

Energy

Budget

Location

Country

Nepal

State

Three

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Hydro, Government, Power Generation (CCGT), Commercial

Article published date

2024-05-24

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