Nepal: BG Titan Group and BB Holding sign 650 MW hydropower MOU
BG Titan Group and BB Holding formalize an agreement to develop the 650 MW Tamakoshi 3 hydropower project in Nepal, marking a further step in the expansion of the country’s energy infrastructure.
| Countries | Norvège, États-Unis |
|---|---|
| Sector | Énergie Marine & Hydraulique, Hydroélectricité |
| Theme | Investissements & Transactions, Partenariats commerciaux |
BG Titan Group announces the signing of a memorandum of understanding (MOU) with BB Holding to develop the 650 MW Tamakoshi 3 hydroelectric project on the Tamakoshi River in the Dolakha district of Nepal.
The run-of-river project is expected to generate some 2,431.76 GWh of electricity annually, boosting the country’s energy supply in a context of growing demand.
The project is currently seeking partners for engineering, procurement and construction (EPC) and financing.
BG Titan Group states that discussions are underway with several potential players in the sector.
The project’s location and technical characteristics are strategic elements in the diversification of Nepal’s energy production, reducing dependence on energy imports.
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