Rs 5.2 billion investment pledged for 44.52 MW Sanibheri Hydropower Project

Summary

Financial closure secured for the 44.52 MW Sanibheri Hydropower Project in Rukum Purba with Rs 5.2 billion investment from major banks including Citizens Bank and Nabil Bank.

Key Points
  • Financial closure confirmed for the Sanibheri Hydropower Project developed by Expert Hydro Investment Company.
  • Citizens Bank is investing Rs 2.5 billion, Nabil Bank Rs 1.5 billion, and Nepal Investment Mega Bank Rs 1.2 billion.
  • Sanima Bank and Siddhartha Bank will each invest Rs 1 billion.
  • The 44.52 MW run-of-the-river project in Rukum Purba is expected to be completed in 42 months with power supplied via Baphikot Substation under a PPA with Nepal Electricity Authority.
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