Siddhakali Power Limited and Dongfang Electric Corporation sign MoU for construction of Trishuli Galchi Hydropower Project; Chinese company to invest Rs 9.83 arba in the project

Thu, Mar 29, 2018 6:39 AM on Latest, Featured, Corporate,
The construction of Trishuli Galchi Hydropower Project is set to be made under the Chinese investment. Dongfang Electric Corporation located in Sichuwan State of China and Siddhakali Power Limited have signed on a MOU for the same. 20180328_174114 The hydropower project will be located between Nuwakot district and Dhading district with the capacity of 75 Mw which could increase to 82.5 MW in the monsoon. The construction of the project will begin from Shrawan, 2075 and will be completed within 42 months thereon. 20180328_180736 (1) The project will be made at a total cost of Rs 15.50 arba out of which Rs 9.83 arba will be invested by the Chinese company and the remaining amount will be generated from the Nepalese investors. The investment of the Chinese company should be returned within 2 years of operation.