Reality Bites

Saturday, August 18, 2007

Khimti power plant in troubled ....

By Rajendra Manandhar ( Ekantipur.com)

DOLAKHA, Aug 18 - The 60 MW Khimti Hydropower project could shut down any time due to a strike staged by the Maoist aligned workers, the plant management warned Saturday.
The country will immediately face at least five hours of extra load-shedding a day if the plant closes down. The approximately USD 140 million plant meets 35 percent of energy need of the capital.

The “run of the river" plant with an annual production of 350 million kilowatt-hours (units) of electrical energy has increased Nepal's installed capacity by approximately 25%.

Commercial Operation of the first private sector power project in Nepal based on a Build-Own-Operate-Transfer (BOOT) structure had begun in July 2000.

Himal Power Limited was established in 1993 when Butwal Power Company (BPC) together with the Norwegian companies Statkraft SF, Alstom Power and GE Energy registered the company under Nepal's Company Act 2021 BS.

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