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IREDA, SJVN, GMR, and NEA Partner for Upper Karnali Hydropower Project in Nepal

Published on January 18, 2025
Current Context: On January 17, 2025, the Indian Renewable Energy Development Agency (IREDA), SJVN Ltd., GMR Energy Ltd., and the Nepal Electricity Authority (NEA) signed a joint venture agreement.
IREDA, SJVN, GMR, and NEA Partner for Upper Karnali Hydropower Project in Nepal
  • This agreement was formalized in New Delhi and aims to strengthen regional energy security and promote renewable energy growth.
  • Here are some key aspects of the project:
    • Capacity: The project will have a generation capacity of 900 MW.
    • Partnership: It involves a collaboration between IREDA, SJVN, GMR, and NEA.
    • Model: The project will be developed under a Build-Own-Operate-Transfer (BOOT) model, which means the consortium will build, own, and operate the project for a specified period before transferring it to the government.
    • Term: The project term is 25 years from the Commercial Operation Date (CoD).
    • Location: Upper Karnali Hydropower Project is situated on the Karnali River in Nepal.
    • Objective: The aim is to leverage hydropower potential to enhance regional energy security and provide sustainable, renewable energy to both India and Nepal.

Question:

1 What is the generation capacity of the Upper Karnali Hydropower Project?

  • A) 500 MW
  • B) 700 MW
  • C) 900 MW
  • D) 1,200 MW
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