Nepal
PTC India signs MoUs with SJVN for sale of power from upcoming projects
- Aug 5, 2022
PTC India has entered into MoUs with SJVN for sale of power from upcoming domestic and international hydropower projects of SJVN. The first MoU was formalized between PTC India and SJVN Arun-3 Power Development Company Pvt Ltd (SAPDC), a Read more
PGCIL board approves JV with NEA for Indo-Nepal line
- Jul 13, 2022
The board of Power Grid Corporation of India Ltd (PGCIL) has approved the formation of a joint venture with Nepal Electricity Authority (NEA) for the development of a cross border line. The proposed joint venture with 50 per cent Read more
SJVN bags 490-mw hydropower project in Nepal
- May 16, 2022
An MoU for development of the 490-mw Arun-4 hydropower project was signed today (May 16, 2022) in Nepal in the presence of Prime Minister of India Narendra Modi and his Nepal counterpart Sher Bahadur Deuba. The MoU was signed Read more
ANDRITZ wins mandate for hydropower project in Nepal
- Mar 11, 2022
International technology group ANDRITZ has received an order from Doosan Heavy Industries & Construction Co. Ltd, relating to the Upper Trishuli-1 hydropower project in Nepal. The contract involves complete hydromechanical and electromechanical works of the 216-mw run-of-the-river hydropower plant, Read more
SJVN signs loan agreement for Arun-3 project in Nepal
- Feb 23, 2022
SJVN Arun- 3 Power Development Company, a Nepal-based subsidiary of SJVN Ltd, has signed the term loan documents for drawl of Rs.6,333.40-crore loan with the consortium of banks from India and Nepal. The consortium of lenders — led by Read more
Nepal Power Exchange signs pact with Manikaran Power for energy trade
- Jan 11, 2022
Nepal Power Exchange Ltd (NPEL) has signed a memorandum of understanding with Indian company Manikaran Solar Ltd for energy trading. As a result, NPEL can now sell electricity to India, through Manikaran Solar Ltd. NPEL, it is learnt, becomes Read more
SJVN CMD holds talks with Nepal PM to discuss Arun-3 project
- Sep 14, 2021
The CMD of SJVN Ltd recently held a meeting with the Prime Minister of Nepal to discuss the various projects that SJVN is implementing in the hilly nation. In a release, SJVN said that the company’s CMD Nand Lal Read more
OM Infra expects Arun-3 contract to turn revenue-accretive soon
- Jul 15, 2021
OM Infra Ltd expects that its contract related to the Arun-3 hydropower project will turn revenue-accretive during the ongoing quarter (June to September) of FY22. In an investor presentation filed recently with stock exchanges, OM Infra said that the Read more
SJVN signs MoU for developing Lower Arun hydropower project in Nepal
- Jul 12, 2021
SJVN has signed a memorandum of understanding with Investment Board of Nepal (IBN) for the development of the Lower Arun-3 hydropower project n the hilly nation. The document was signed by Nand Lal Sharma, CMD, SJVN, and Sushil Bhatta, Read more
PGCIL accords investment approvals worth over Rs.2,000 crore
- May 24, 2021
Power Grid Corporation of India Ltd (PGCIL) has accorded approval to investment of over Rs.2,000 crore, on various projects. The total investment approved stood at Rs.2,202.30 crore. Of this, an amount of Rs.1,761.30 crore was approved by the PGCIL Read more