IBN – Tamakoshi III Hydroelectric Power Plant 650 MW – Nepal - Project Profile
"IBN – Tamakoshi III Hydroelectric Power Plant 650 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.
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Investment Board Nepal (IBN) an agency of the Government of Nepal (GoN) is planning to undertake the construction of a Tamakoshi III Hydroelectric Power Plant in Dolakha and Ramechhap districts east of Kathmandu, Nepal.
The projects involve the construction of a 650MW hydroelectric power plant. It includes the construction of a dam, head and tailrace tunnels, reservoir, power house, the installation of four turbines, generators, and transformers and the laying of a 400kv transmission line.
In 2007, Statkraft entered into an agreement with the GoN to develop the project.
In March 2007, the project received technical survey license.
In February 2010, Sweco Norge AS completed the feasibility study.
In August 2011, Technical update study was conducted by SN Power, a company owned by Statkraft.
In April 2013, IBN signed Project Negotiation Agreement (PNA) with Statkraft.
In January 2016, Statkraft discontinued its services from the project development.
Six undisclosed foreign companies have expressed their interests in the project who were requested by IBN to wait till the necessary bidding process was issued.
In 2016, a Japan-based Kansai Electric Power Company expressed its interest in the project development.
IBN decided to develop the project on Public Private Partnership (PPP) basis.
In May 2017, IBN prepared a modality report and submitted to the Ministry of Energy (MoE), Nepal for feedback/approvals.
As of June 2017, IBN is waiting for feedback/approvals from the MoE and is in process of preparing the tender documents for the selection of a built own operate (BOO) contractor through international competitive bidding process which is planned to be issued in 2018.
The project involves the construction of a 650MW hydroelectric power plant in Dolakha and Ramechhap districts east of Kathmandu, Nepal.
The US$1,000 million project includes the following: