Agreements

Agreements

PPA:

PPA Agreement of Isuwa Khola PROR Cascade HPP -37.7MW with Nepal Electricity Authority between Chairman of Isuwa Energy Mr. Bikram Bista and  Managing Director of NEA Mr. Hitendra Shakya in 2020. PPA Agreement for an additional 2.4 MW concluded with a total plant capacity of 40.1 MW

Credit Facility Agreement:

A credit Facility Agreement for the development of Isuwa Khola PRoR Cascade HPP 37.7MW has been signed on July 2021 between Isuwa Energy Pvt Ltd and Siddhartha Bank Ltd. The total credit facility amount will be 3.25 billion Npr.

Project Consultant: Agreement signed with Hydroconsult Nepal Pvt Ltd on date 2022 __for detailed design work of the project

Technical Consultant:

Jade Consult Pvt. Ltd. has been appointed as Technical Consultant for the Project.

Financial Consultant:

Parakram Sharma and Associates has been appointed as Financial consultants for the project

Project Status:

  • Generation License
  • Industry Registration
  • EIA
  • Credit facility Agreement
  • Access Road Construction
  • Camp Construction
  • Bridge Construction
  • Civil Contractor Mobilization
  • EM Contractor Evaluation
  • HM Contractor Evaluation
  • TL Contractor Evaluation