Inauguration of Upper Ingwa Hydroelectric Project: Powering Nepal's Future

Tue, Mar 26, 2024 2:12 PM on Latest, Corporate,

Ingwa Hydropower Limited (IHL) completed the construction of the 9.7 MW Upper Ingwa Hydroelectric Project and connected it to the national grid on the 10th of Chaitra.

The inauguration ceremony took place in Aapdada, Hilihang-1, with the project being connected to the Amarpur substation. Construction began in 2078 and finished in 2080, costing Rs 194 crore.

The project is funded with 30% equity financing, contributed by promoters and the public, while the remaining 70% is financed by Nabil Bank Limited. The project includes a dam in ward no. 2 and a powerhouse in ward no. 3 of Yangwarak village municipality.

With a net head of 189 meters, electricity is generated using a 4.5-kilometer-long penstock pipe and European-imported turbines and generators. The electricity is distributed across Nepal via the Arpur-Damak 132 Kb transmission line.

IHL closed at Rs. 355.00.