Energy sector accounts for one-third of flood damage
Summary
The energy sector suffered Rs. 151.04 billion in damage and losses after the Bhotekoshi floods, accounting for nearly 37 percent of the total disaster impact. The report says 13 hydropower projects, several transmission assets and solar plants were affected, with Rs. 390.62 billion needed for recovery.
Key Points
- The Bhotekoshi floods caused Rs. 151.04 billion in damage and losses in the energy sector, nearly 37 per cent of the disaster’s total impact.
- Thirteen hydropower projects, solar plants, transmission lines and a major substation were affected, with hydropower accounting for most of the physical damage.
- The report estimates annual energy losses of 2,520 GWh from hydropower and 210.48 GWh from solar projects, valued at Rs. 16.05 billion.
- The energy sector’s total recovery requirement is estimated at Rs. 390.62 billion, with early recovery needs of Rs. 1.05 billion.
