NEA extends deadlines for 27 hydropower projects totaling 540 MW
Summary
The Nepal Electricity Authority has extended deadlines for 27 hydropower projects totaling 540.47 MW, offering relief to developers with genuine construction progress. The new classification system groups projects by progress and compliance to make deadline extensions more transparent and accountable.
Key Points
- The Nepal Electricity Authority extended the Required Commercial Operation Date for 27 hydropower projects with a combined capacity of 540.47 MW.
- NEA has introduced a new classification system that sorts projects into four groups based on physical progress, deadline status and compliance with PPA obligations.
- Projects in Groups A and B that have submitted required documents are being processed for RCOD extensions.
- Private sector energy producers welcomed the extension process led under Energy Minister Biraj Bhakta Shrestha.
