IREDA, SJVN, GMR and NEA signed a partnership agreement for Upper Karnali Hydropower Project in Nepal
Current Hunt Team
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.
