- IREDA, SJVN, GMR and NEA signed a partnership agreement for Upper Karnali Hydropower Project in Nepal.
- For the development of the 900 MW Upper Karnali Hydro-electric Project in Nepal, Indian Renewable Energy Development Agency Ltd. (IREDA) has finalized a Joint Venture Agreement with SJVN Ltd., GMR Energy Ltd., and Nepal Electricity Authority (NEA).
- The project will have a 25-year term from its Commercial Operation Date (CoD).
- The Upper Karnali project will serve as a model of cross-border collaboration for both economic and environmental benefits.
- This joint initiative will boost regional energy security and support the growth of renewable energy infrastructure.
IREDA, SJVN, GMR and NEA signed a partnership agreement for Upper Karnali Hydropower Project in Nepal
ByCurrent Hunt Team
Jan 21, 2025