NEA/CTG – West Seti Hydroelectric Power Plant 750 MW – Nepal - Project Profile
"NEA/CTG – West Seti Hydroelectric Power Plant 750 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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Nepal Electricity Authority (NEA) and China Three Gorges Corporation (CTG) are underataking the construction of a hydroelectric power plant on the West Seti River in Doti District, Nepal.
The project involves the construction of a 750MW hydroelectric power plant. It include the construction of a substation, storage facilities, access roads, a reservoir and related infrastructure, the installation of generators, turbines, transformers and power control units, and the laying of transmission lines.
On February 29, 2012, MoE and CTG signed a memorandum of understanding (MoU) to develop the project under public-private partnership basis.
CWE Investment Corporation (CWE), a subsidiary of CTG, has been appointed as developer.
On December 17, 2014, Shanghai Investigation Design & Research Institute (SIDRI), an affiliate of CTG, completed the field study for the project.
On April 14, 2015, CWE received approval from Investment Board Nepal (IBN) for the development of the project. CWE also received the final approval.
PS Construction Company has been appointed as contractor to construct rooms for staff and office purpose.
The project is expected to secure funding primarily by CTGC and the Export-Import Bank of China.
On January 16, 2017, NEA and CTG signed the joint venture (JV) agreement to develop the project.
The JV agreement is still awaiting approval by the boards at both NEA and CTGC.
Construction works are expected to take four year for completion.
The project involves the construction of a 750MW hydroelectric power plant on the West Seti River in Doti District, Nepal.
The US$1,600 million project includes the following: