Posted by: Taat June 19, 2007
Melamchi, ADB and Hisila Yemi
Login in to Rate this Post:     0       ?        
Arun III, Madhya Marshyangdi, even SETI, all these hydel power projects are a joke. We have seen time and again that Nepalese people can make better hydel projects at much less (at 30% to 50% the cost of bigger projects funded by foreigners), so instead of promoting these big projects, why not promote smaller projects. Why is the NEA refusing PPA agreements with smaller companies, why are the banks not so interested in funding these projects. Why can't the government take initiatives to promote smaller hydel at every level. All Nepali Invested hydel projects (besides NEA) are costing less than $2500 per KW (and interestingly even these numbers are inlfated for bank financing, actual cost is less than $2000 per KW) According to Mr. Kanksakar Arun III- cost estimate at $5300 per KW, and Mr. Kansakar also claims that the financing bank had condition that NEA could not do PPA for projects less than 10 MW projects. Madhya Marshyandi- cost is more than $8300 per KW SETI- The SMEC project is held by them since 10 years and nothing happened. And everyone knows the recent deal where they would offer NEA the promissed money (not power as agreed when they started) if they have SURPLUS. The new proposal to build another power plant to offer the power is (and will be) another joke. Will the power plant ever be built? So rather than blaming these "Dollar" lawyers, experts, we should blame the inconsistent, corrupt and "desh drohi" beareaucrats that are ruining these projects who are always making decisions for the other side. The incompetent and not knowlodgable and equally corrupt leadership should equally share the blame.
Read Full Discussion Thread for this article