Stories Tagged 'Power purchase agreement'
Indian developer GMR has signed a pact to export power to Bangladesh but they are still haggling over the rate
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A longstanding dispute between the Energy Ministry and the Nepal Electricity Authority has been resolved with the power utility agreeing to sign power purchase agreements (PPAs) with run-of-the-river hydropower projects under the take-or-pay modality until their combined installed capacity reaches 5,250 MW.
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The Ministry of Energy and the Nepal Electricity Authority are clashing over the modality of power purchase agreements (PPAs) for run-of-the-river type hydropower projects.
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The recently held Cabinet meeting of the Bangladeshi government has approved its statutory body’s proposal to import electricity generated by the Upper Karnali Hydropower Project in western Nepal, which is currently being developed by an Indian company.
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Bangladesh has decided to purchase 9,000-megawatt electricity from Nepal.
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GMR Upper Karnali Hydropower, the Indian company building the 900 MW Upper Karnali Hydropower Project located in western Nepal, is close to signing a power purchase agreement (PPA) with the Bangladeshi government to export electricity generated by the plant.
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