Iwa Khola Hydropower Project

Iwa Khola Hydropower Project (Nepali: ईवा खोला जलविद्युत आयोजना) is a run-of-river hydro-electric plant located in Sawalakhu, Taplejung District of Nepal. The flow from Iwa River is used to generate 9.90 MW electricity. The plant is owned and developed by Rairang Hydropower Development Company Limited. The plant started generating electricity since 2076-06-20 B.S. The generation licence will expire in 2107-03-27 BS, after which the plant will be handed over to the government.[1]

Iwa Khola Hydropower Project
Iwa Khola Hydropower Project is located in Nepal
Iwa Khola Hydropower Project
Location of Iwa Khola Hydropower Project in Nepal
Official nameIwa Khola Hydropower Project
CountryNepal
Coordinates27°16′30″N 87°50′05″E
PurposePower
StatusOperational
Owner(s)Rairang Hydropower Development Company Limited
Dam and spillways
Type of damGravity
ImpoundsIwa River
Iwa Khola Hydropower Station
Coordinates27.7390°N 83.4620°E / 27.7390; 83.4620
Commission date2072-03-28 BS
TypeRun-of-the-river
Installed capacity9.90 MW

The power station is connected to the national grid and it sells electricity to Nepal Electricity Authority.[2][3]

Finance

The project was financed by a consortium of banks led by the Bank of Kathmandu. The consortium partners are Machhapuchchhre Bank, Nepal Credit and Commerce Bank, Siddhartha Bank and Citizen Bank. The total project cost is estimated at NPR 1.60 billion. Out of the total project cost, 65% is financed by the consortium.[4][5]

Rairang Hydropower Development Company Limited is a subsidiary company of Ridi hydropower development company limited with 268 shareholders.

See also

List of power stations in Nepal

References
  1. "Operating Projects :: Hydro (Above 1MW)".
  2. Adhikari, Khagendra. "35 MW from eastern Nepal to be connected to national grid". My Republica. Retrieved 2020-11-12.
  3. "Operating Projects :: Hydro (Above 1MW)". Retrieved 2020-07-30.
  4. "Construction of hydro projects picks up pace in Panchthar". NepalEnergyForum. 2016-09-20. Retrieved 2020-11-12.
  5. Annual Report 2019/2020. Nepal Electricity Authority.


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