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Project Information
Investment ID: 20120278
Bank: European Investment Bank
Environmental Category: Unknown
Country: Nepal
Region: South Asia
Approval Date: None
Investment Types: Loans
Total Project Cost: EUR 390.0 million
Total Complaints: 2
Description
The project comprises the construction and operation of a 140 MW storage hydroelectric power scheme and its interconnection to the national grid. It is designed to help meet peak electricity demand in Nepal during the dry winter months and to operate as a baseload plant for the remainder of the year. The project will provide an alternative to expensive fossil fuel based power generation through cleaner energy, and will help stabilise Nepal's power supply system and reduce transmission losses.
Investments
Investment Type | ID | Amount | Status | Bank | Client |
---|---|---|---|---|---|
Loans | 20120278 | EUR 62.0 million | Planned | EIB | Tanahu Hydropower Ltd |
Related Complaints
European Investment Bank CM Complaints | IAM | Country | Date Filed | Status |
---|---|---|---|---|
Nepal Tanahu Hydropower Project | EIB CM | Nepal | 03/06/2021 | Active |
Nepal Tanahu Hydropower Project | EIB CM | Nepal | 03/06/2021 | Active |