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Upper Solu Khola Hydropower Plant

Sector: Hydro • Location: Nepal

Source: World Bank Group

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Upper Solu Khola Hydropower Project is a run-of-the-river type scheme located at Beni VDC of Solukhumbu district in the Central Region of Nepal. The total output of the power station is 18 MW.

Upper Solu Hydro Electric Company ("project company") will undertake the project on behalf of the sponsor Beni Hydropower. This is a greenfield project initiated through BOO modality. The project company wi

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The project “Upper Solu Khola Hydropower 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

Upper Solu Khola Hydropower Project is a run-of-the-river type scheme located at Beni VDC of Solukhumbu district in the Central Region of Nepal. The total output of the power station is 18 MW. Upper Solu Hydro Electric Company ("project company") will undertake the project on behalf of the sponsor Beni Hydropower. This is a greenfield project initiated through BOO modality. The project company will sell the electricity generated to the NEA (Nepal Electricity Authority) under a long-term PPA. Total investment is estimated at Rs 3.27 crore ($30.1 million) being funded at 67:33 debt to equity ratio. Debt finance was arranged from four banks, led by NMB bank. The other three lenders are: Nepal Bangladesh Bank, Vibor Society Development Bank and Siddhartha Bank. Total debt equal Rs 2.2 crore ($20.26 million). https://ijglobal.com/data/transaction/37642/upper-solu-khola-hydropower-plant-18mw http://www.nepalenergyforum.com/upper-solu-khola-hydro-18-mw-achieves-financial-closure/ Sponsor: Beni Hydropower Project Pv

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