NIBL Equity Partners Invests Rs 150 Million in Hydropower Project
NIBL Equity Partners has committed Rs 150 million to the Upper Junbesi Khola Hydropower Project, enhancing local energy security. This investment is crucial for supporting clean energy initiatives in Nepal and aims for commercial operation by August 2027.
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NIBL Equity Partners (NIBLEP) has invested Rs 150 million in the Upper Junbesi Khola Hydropower Project, located in Solukhumbu, with the aim of boosting clean energy production. The project, which is 75% complete as of January 2026, is designed to generate approximately 35.43 GWh of electricity annually and is expected to begin commercial operations by August 2027.
A power purchase agreement is already in place with the Nepal Electricity Authority to ensure the sale of the project’s entire output. The investment aligns with NIBLEP's strategy to focus on small-scale hydropower projects, contributing to Nepal's energy transition goals.
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