RCOD extended for 27 hydropower projects, clearing way for 540 MW
Summary
The Nepal Electricity Authority has extended the RCOD of 27 hydropower projects, clearing the way for 540 MW of capacity after reviewing their actual progress. The move is aimed at supporting genuine investors while tightening monitoring and accountability in project development.
Key Points
- The Nepal Electricity Authority has extended the Required Commercial Operation Date of 27 hydropower projects with a combined capacity of 540 MW in the first phase.
- The extensions were granted after projects with PPAs were reviewed for genuine progress, with categories A and B now eligible for RCOD relief.
- Energy Minister Biraj Bhakta Shrestha said the government wants to facilitate serious investors through clear criteria instead of discretionary decisions.
- The NEA has classified 320 hydropower projects into four categories and said Category B projects will be regularly monitored, with possible reclassification within six months.
