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KEL - Kabeli-A hydroelectric Power Plant: 37.6 MW - Nepal - Project Profile

Synopsis
"KEL - Kabeli-A hydroelectric Power Plant: 37.6 MW - Nepal - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "KEL - Kabeli-A hydroelectric Power Plant: 37.6 MW - Nepal - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary
Kabeli Energy Ltd (KEL), a joint venture formed between Butwal Power Company, Gurans Energy Limited and Asia-Pacific Power-Tech. Co. Ltd is undertaking construction of a hydroelectric power plant in Nepal.

The project involves the construction of a 37.6MW run-of-river hydroelectric power plant in three phases.

The first phase includes the construction of 15m diversion dam, a settling basin, a headrace tunnel, a semi-underground powerhouse, and 400m tailrace tunnel and related facilities.

The second phase includes supporting the Ministry of Energy in supervising in installing technical, environmental and safety equipment.

The third phase includes supporting the Investment Board of Nepal in improving its ability to facilitate the development of power plant to improve technical, environmental, social and performance standards.

The project is being funded through both domestic and foreign debt and equity, including support from the World Bank, the International Finance Corporation (including the Canadian Climate Change Program), Nepal's Hydroelectricity Investment and Development Company Ltd. (HIDCL), NIC Asia Bank, Department of Foreign Affairs and Trade of Australia, State Secretariat for Economic Affairs of Switzerland and Department for International Development of the UK.

InfraCo Asia will contribute US$8 million to fund the project.

Equicap Asia Management Pvt Ltd has been appointed as project management consultant.

In 2010, a feasibility study was undertaken by KEL.

In November 2011, Environmental Impact Assessment was submitted to World Bank group.

On May 15, 2014, World Bank Group has approved US$46 million for the project. The financing includes a US$40 million credit from World Bank, US$6 million grant from the International Development Association (IDA), US$38.6 million loan from the International Finance Corporation (IFC), and a US$19.3 million loan from the Canada Climate Change Program (CCCP). KEL will fund US$23 million for project development.

On July 1, 2014, the board of Nepal approved the Hydroelectric Power Plant project.

In November 2014, a financing agreement has been made, between Nepal and IDA.

In September 2014, Environmental Assessment was carried out through a partnership between the International Hydropower Association and the Norwegian Agency for Development Cooperation.

Hydro-Consult Engineering Ltd has been appointed as consulting engineer.

Zhejiyang Hydropower Construction and Installation Company appointed as general contractor for the project.

On March 17, 2016, the Power Purchase Agreement (PPA) of the project has been concluded with NEA. The subsidiary loan agreement has been signed between KEL and Hydro Investment Development Company Limited (HIDCL). The project has completed the financial closure.

In September 2016, the project has been placed on hold, due to funding related issues.

On March 23, 2017, a groundbreaking ceremony held marking the commencement of construction works.

In January 2018, construction activities completed on the 400m long tunnel.

Construction works are underway.

Scope
The project involves the construction of a 37.6MW run-of-river hydroelectric power plant in three phases in Nepal.

The US$108 million project includes the following:

1. Construction of 15m diversion dam

2. Construction of a settling basin

3. Construction of a headrace tunnel

4. Construction of a semi-underground powerhouse

5. Construction of a 400m tailrace tunnel

6. Construction of related facilities

Reasons To Buy
• Gain insight into the project.

• Monitor the latest project developments.

• Identify key project contacts.

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KEL - Kabeli-A hydroelectric Power Plant: 37.6 MW - Nepal - Project Profile
Published By :Timetric
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