Kathmandu, April 13
Minister for Energy Janardan Sharma today inaugurated the construction of three hydroelectric projects of total installed capacity of 157 MW — Likhu I, Likhu II and Likhu ‘A’.
To be developed by MV Dugar Group, the three projects will be completed by mid-July 2020 as per the grid connection agreement with Nepal Electricity Authority (NEA) — the sole power off-taker of the country.
According to Motilal Dugar, chairman of MV Dugar Group, the total cost of the three projects will hover around Rs 21 billion.
Inaugurating the construction of the said projects, Energy Minister Sharma said that private sector developers have a huge role to make the government’s initiative to generate 10,000 megawatts of electricity in the next 10 years a success.
The MV Dugar Group expressed commitment to contribute 500 megawatts over the coming decade to support
the government’s initiative of ‘Ujyalo Nepal’.
A version of this article appears in print on April 14, 2017 of The Himalayan Times.