Nepal Electricity Authority Allocates 960 MW in Solar Auction

14 Nov 2024 CW Team

The Nepal Electricity Authority (NEA) recently concluded its latest auction round, awarding contracts for a total of 960 MW of grid-connected solar power projects to various developers. The tender had initially been floated for 800 MW capacity.

Among the largest winners, the GEPPERT-RAPTI Consortium secured ten projects with a combined capacity of 125 MW, each awarded at a tariff of NPR5.49/kWh. The Mountain-Dordi Consortium won seven projects totalling 105 MW at the same tariff.

Other significant awards included Golyan Power – Pure Energy JV, which was granted five projects with a total capacity of 100 MW, with tariffs ranging from NPR5.38/kWh to NPR5.51/kWh. Solar Farm received three projects totalling 90 MW at a tariff of NPR5.50/kWh, while Gogreen Energy was awarded two projects with a combined capacity of 80 MW, with tariffs between NPR5.39/kWh and NPR5.44/kWh.

Solaeris Energy won a 50 MW project at NPR5.40/kWh, and Rapti Urja also secured 50 MW at NPR5.21/kWh. Asian Hydropower was awarded two projects totaling 40 MW, with tariffs of NPR5.39/kWh and NPR5.47/kWh.

Eco Sun Power Development received four projects totalling 38 MW at NPR5.52/kWh, while Methi Solar-FutureHolding JV was granted three projects totalling 28 MW, with tariffs ranging from NPR5.28/kWh to NPR5.54/kWh.

Additionally, 25 projects totalling 254 MW were awarded to other developers, with tariffs ranging from NPR5.40/kWh to NPR5.341/kWh.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..