Nepal Tanahu Hydropower Project | Accountability Console
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Nepal Tanahu Hydropower Project

Sectors

Energy

Description:

Projects in this Sector: 232

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Infrastructure

Description:

Projects in this Sector: 566

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Issues Raised

Environmental

Description:

Projects with this Issue Raised: 387

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Unknown

Description:

Projects with this Issue Raised: 719

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Project Information

Investment ID: 20120278

Bank: European Investment Bank

Environmental Category: Unknown

Country: Nepal

Region: South Asia

Approval Date: None

Investment Types: Loans

Total Project Cost: EUR 390.0 million

Total Complaints: 2

Description

The project comprises the construction and operation of a 140 MW storage hydroelectric power scheme and its interconnection to the national grid. It is designed to help meet peak electricity demand in Nepal during the dry winter months and to operate as a baseload plant for the remainder of the year. The project will provide an alternative to expensive fossil fuel based power generation through cleaner energy, and will help stabilise Nepal's power supply system and reduce transmission losses.

Investments

Investment Type ID Amount Status Bank Client
Loans 20120278 EUR 62.0 million Planned EIB Tanahu Hydropower Ltd