ABOUT THE PROJECT
Sikles Hydropower Pvt Ltd (SHPL) was established and duly registered with the concerned agency Department of Industry with objectives to survey and construct hydropower projects in the country and to supply generated electricity to the distributors. As per prevailing laws and regulations, the company has been awarded the construction license for electricity generation after completion of feasibility and EIA study of the project by the Ministry of Energy. The company has signed for Power Purchase Agreement (PPA) with the Nepal Electricity Authority with an installed capacity of 13 MW on the basis of design discharge at a 43% probability of exceedance flow. The syndicated loan agreement is done with the consortium banks led by Nepal Bank Limited along with the member bank Agriculture Development Bank, Global IME Bank, Rastriya Banijya Bank, Nepal Bangladesh Bank and Siddhartha Bank Ltd.
The survey boundary lies between longitudes 84°8’45” E and 84°7’31” E and latitudes 28°22’30” N and 28°21’40” N. Thus only relevant information that differs from the previous feasibility study is included in this report. The 13MW installed capacity Madkyu Khola Hydropower Project (MKHP) is a run-of-river project located at Parche Village Development Committees (VDC) of Kaski district and utilize water from Madkyu Khola.
The 13MW installed capacity Madkyu Khola Hydropower Project (MKHP) is a run-of-river project located at Parche Village Development Committees (VDC) of Kaski district and utilize water from Madkyu Khola. The project comprises diversion weir with under sluice, intake arrangements followed by inlet canal, settling basin, headrace canal, forebay followed by penstock pipe and powerhouse followed by tailrace canal. The generated power is evacuated through 33 kV transmission lines of 14.5 km up to Madi Sub Station and 13 km of 132KV transmission line from Madi Substation and connected with the Integrated Nepal Power System (INPS) at Nepal Electricity Authority (NEA)’s Lekhnath substation in Kaski District.
The Madkyu Khola project has been already commissioned and started its generation with the Commercial Operation Date (COD) on 19th Chaitra 2074. Sikles Hydropower Ltd has been registered in the Government of Nepal dated 2061.04.13 BS in the office of the company Registrar, Tripureshwor, Kathmandu. The private registration number is 29784.061/062 the company has been registered in PAN with number 301698786.