Source::RSS
RSS
The first package of the Koshi Corridor 220 km transmission line has been completed. Construction of 220-km double-circuit tower stretching from Inaruwa in Sunsari district to Basantapur in Terahthum, Baneshwor, and Tumlingtar in Sankhuwasabha district and power cables have been installed on the one side of the tower.
A program was jointly organized by the Nepal Electricity Authority and India’s Exim Bank at Hile of Dhankuta district on Wednesday to make an announcement of the same.
The project estimated to cost over USD 112 million is being constructed with an investment of the Government of Nepal and a concessional loan from the Exim Bank of India. The Exim Bank has provided USD 90 million as a concessional loan for the project.
The Corridor is expected to facilitate the transmission of the electricity produced by the hydropower projects to consumers in Sankhuwasabha, Dhankuta, Taplejung, and Sunsari districts.
From Tumlingtar to Basantapur, around 1,000 megawatts of electricity could be transmitted while another 1,000 megawatts of electricity will be transmitted from Dhunge Sanghu (Taplejung) to Basantapur.
Likewise, around 2,000 megawatts of electricity could be supplied from Basantapur to Inaruwa. The Corridor is believed to be a transmission and distribution network for reliable electricity in Province No 1.
At today’s program, Biswajit Garga from India Exim Bank handed over the key of the Corridor to joint-secretary at the Ministry of Energy, Water Resources and Irrigation Madhusudan Bhetuwal and Nepal Electricity Authority’s executive director Kulman Ghising.
Present at the event was the deputy chief of mission of the Indian Embassy in Nepal Namgyal C Khampa.
Speaking at the program, NEA’s executive director Ghising said that with the completion of the first section of the Corridor, Province No 1 had got the backbone for the transmission and distribution of electricity in its province.
He shared that Kabeli Corridor and Koshi Corridor would be linked and substations would be constructed following which, he believed, the electricity supply would be reliable.
Joint-secretary Bhetuwal informed that the completion of the first section of the Corridor had made physical infrastructures ready to supply electricity produced from Arun and Tamor reservoirs to the consumers.
The completion of this project had also secured the investment of the private sector in the hydropower projects in these areas.
Deputy Chief of Mission in the Indian Embassy in Nepal Khampa said that energy was the major area of cooperation between India and Nepal. Khampa said that India could not only purchase the electricity produced from Nepal but also could sell it off as per the Cross-Border Electricity Trade Guidelines.
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