Investment Secured for Tallo Hewakhola Hydropower Project

Investment has been secured for the Tallo Hewakhola Hydropower Project (0.84 MW), which is being developed by Panchkhapan Hydropower Pvt. Ltd. Two commercial banks — Siddhartha Bank and Rastriya Banijya Bank (RBB) — have agreed to provide a combined loan investment of Rs 981.7 million for the project.

The total estimated cost of the project is Rs 1.40 billion, with 70 percent financed through bank loans and 30 percent through promoter equity. According to Basant Kumar Tamang, the company’s chairman, the project is expected to generate 40.82 gigawatt-hours of electricity annually.

The generated power will be connected to the national grid via a 33 kV transmission line, which will stretch 3.8 kilometers from the project site. The hydropower project is located in Panchthar District, where construction has already commenced.

The promoter company stated that the project is progressing as planned and will be completed within the scheduled timeframe, contributing to local employment generation and increased electricity supply in the region.