Api Power receives LOI for solar power installation

Api Power Company Limited (API) has got the Letter of Intent (LOI) to install Solar Power Projects to the Nepal Electricity Authority (NEA) Grid in various substations on Kartik 7, 2073 (yesterday). The company has got solar installation in the following substations in different part of the country:  

1. Dhalkebar - 1 MW
2. Duhabi - 1.5 MW
3. Chandranigahapur - 4 MW
4. Simara - 1 MW
5. Parwanipur - 8 MW
6. Bardagat - 1 MW
7. Chanauta - 1.5 MW
8. Kawasoti - 1.5 MW

Total 19.5 MW These solar projects’ Power Purchase Agreement (PPA) has been guaranteed by the NEA to be happened in 3 months’ period. The solar installation & testing and commissioning take around 3-4 months. Hence the company aims to run these plants within this year.