Nepal’s government has decided to extend the deadline for several hydropower projects that have failed to start commercial operation within the stipulated timeframe.
Hydropower projects that have already signed a power purchase agreement (PPA) but are yet to begin commercial operation will be classified into four groups and their deadline for commercial operation will be extended.
The decision is expected to provide relief to several hydropower projects that have been facing delays due to various reasons.
The extension of the deadline will be applicable to projects that have already signed a PPA but are yet to start commercial operation.
The projects will be classified into four groups based on their progress and the deadline for commercial operation will be extended accordingly.
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