Jun 02: NHPC Limited (A Govt. of India Enterprise) and Vidhyut Utpadan Company Limited (VUCL), Nepal signed an MoU (Memorandum of Understanding) in New Delhi today for the development of Phukot Karnali Hydro Electric Project (480MW) in Nepal. The MoU was signed in the presence of Prime Minister of India Shri Narendra Modi and Prime Minister of Nepal Shri Pushpa Kamal Dahal ‘Prachanda’ at Hyderabad House in New Delhi.
Shri R.K. Vishnoi, CMD, NHPC and Shri Surya Prasad Rijal, MD, VUCL, Nepal exchanged MOU documents for the development of the Phukot Karnali Hydro Electric Project (480MW) in Nepal in the presence of Prime Minister of India Shri Narendra Modi and Prime Minister of Nepal Shri Pushpa Kamal Dahal ‘Prachanda’ at Hyderabad House, New Delhi.
NHPC Limited, a Schedule ‘A’ Enterprise of the Government of India with ‘MINI RATNA’ status, is a premier PSU in India for the development of hydropower and Vidhyut Utpadan Company Limited (VUCL), Nepal is responsible to develop, build, own and operate large-scale hydropower projects in a public-private partnership model in Nepal.
The MOU was exchanged by Sh. R.K. Vishnoi, Chairman & Managing Director, NHPC and Shri Surya Prasad Rijal, Managing Director, VUCL. The signing of this MOU is a landmark step towards India-Nepal Joint Vision on Power Sector Cooperation.
The project will use the flow from the Karnali River for power generation and the generated power will be fed into the integrated power system of Nepal. The installed capacity of the project shall be 480 MW with an average annual generation of about 2448 GWh. The key features of the project are a 109-metre-high RCC dam and an underground powerhouse where the 06 turbines of 79 MW each shall be housed. Additionally, to utilize minimum environmental release one Surface Power House of 6 MW capacity i.e. two machines of 3 MW each is also planned. This project is conceived as a Peaking Run-of-River (PRoR) type scheme.Disclaimer: We donot claim that the images used as part of the news published are always owned by us. From time to time, we use images sourced as part of news or any related images or representations. Kindly take a look at our image usage policy on how we select the image that are used as part of the news.