Jaladigaad Hydropower Project Achieves Financial Closure with Rs 4.6 Billion Investment
Summary
The 22.50 MW Jaladigaad Hydropower Project in Athbiskot Municipality, Rukum Paschim has completed financial closure with Rs 4.6 billion secured for construction. Rastriya Banijya Bank, Nepal Bank Limited and Nepal Infrastructure Bank will provide Rs 3.36 billion in co-financing, while promoters will cover the rest through equity.
Key Points
- The 22.50 MW Jaladigaad Hydropower Project has completed financial closure with Rs 4.6 billion in total financing.
- Rastriya Banijya Bank, Nepal Bank Limited and Nepal Infrastructure Bank will invest Rs 3.36 billion through co-financing.
- Sangrila Hydropower will raise the remaining Rs 1.23 billion and 71 million through equity.
- The project, to be built on the Jaladigaad River in Rukum Paschim, is expected to generate 133.45 GWh of electricity annually.
