The 5.5 MW Mid-Tandi Hydropower Project in Nuwakot has secured full investment, with Prabhu Bank providing 65% of the funding and construction already underway.
Investment Finalized for Mid-Tandi Hydropower Project
The Mid-Tandi Hydropower Project, currently under construction on the Tandi Khola in Nuwakot, has secured the necessary investment to move forward. The 5.5 megawatt (MW) project is being promoted by Dupcheshwor Mahadev Hydro Company.
Project Cost and Investment Structure
- Estimated Total Cost: NPR 1 arba 10 crore
- Bank Financing: NPR 71 crore 44 lakh by Prabhu Bank
An investment agreement was signed on Friday in Kathmandu, with Anil Joshi, Chairperson of the project, and Ashok Sherchan, CEO of Prabhu Bank, present at the event. The contract was formally signed by Project Head Dipesh Pokharel.
Under the agreement, the investment breakdown is as follows:
- 65% from Prabhu Bank
- 35% from the construction company
Construction Status and Timeline
The project site is located in Ward 6 of Dupcheshwor Rural Municipality, where construction has already commenced. According to technical advisor Engineer Saroj Khanal, infrastructure development—including road access and residential buildings—is currently in progress.
The project is expected to be completed within 15 months.
Power Transmission Plan
Electricity generated from the project will be transmitted through a 6-kilometer-long transmission line to the Samudratar Substation in Nuwakot. From there, it will be connected to the national power grid.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
