In presence of Prime Minister of India and Prime Minister of Nepal for development of Phukot Karnali Hydro Electric Project (480MW) in Nepal
New Delhi, June 01 Memorandum of Understanding (MoU) has been exchanged between NHPC Limited (A Govt. of India Enterprise) and Vidhyut Utpadan Company Limited (VUCL), Nepal in august presence of Prime Minister of India i Narendra Modi and Prime Minister of Nepal Pushpa Kamal Dahal ‘Prachanda’ at Hyderabad House, New Delhi for development of Phukot Karnali Hydro Electric Project (480MW) in Nepal.
NHPC Limited, a Schedule ‘A’ Enterprise of the Government of India with ‘MINI RATNA’ status, is ranked as a premier organization in India for development of hydropower and Vidhyut Utpadan Company, Nepal is responsible to develop, build, own and operate large-scale hydropower projects in public-private partnership model in Nepal.
The MOU was exchanged by R.K. Vishnoi, Chairman & Managing Director, NHPC and Surya Prasad Rijal, Managing Director, VUCL. Signing of this MOU is a landmark step towards India-Nepal Joint Vision on Power Sector Cooperation.
The project will use the flow from the Karnali River for power generation and the generated power will be fed into integrated power system of Nepal. The installed capacity of the project shall be 480 MW with average annual generation of about 2448 GWh.
The key features of the project are a 109 m high RCC dam and an underground power house where the 06 turbines of 79 MW each shall be housed. Additionally, to utilize minimum environmental release one Surface Power House of 6 MW capacity i.e. two machines of 3 MW each is also planned. This project is conceived as a Peaking Run-of-River (PRoR) type scheme.