Tanahun hydro project: four companies submit bids for dam construction

07/08/2019

Kathmandu, July 8: Four different companies have come up with formal intent for the construction of structures, including dam in Tanahun hydropower project. Four companies, including a consortium of Nepali entity have submitted quotations for the construction of different structures in the 150-MW Tanahun Hydropower Project. The companies submitted technical and financial proposals within July 7 – the deadline set by the project's promoter Tanahun Hydropower Limited. The technical and financial proposal was solicited from interested companies in line with the Procurement Directives of the Asian Development Bank. China Gejuwa Group Company Limited, China, Xino Hydro Corporation Limited, China, China National Electric Engineering Corporation Limited and Xong Da Corporation Vietnam Kalika Construction Nepal JV have submitted proposals for the same. Pradeep Kumar Thike, managing director of Tanahun Hydropower Limited, informed that the financial proposal of effective companies would only be opened following the assessment of technical proposals. The evaluation of the technical proposals will be carried out by August-end and will be sent to ADB for consent and the financial proposal will be opened after ADB consent. As per the schedule, contract signing will be done within October 31 and contractors will be mobilized in the project site within mid-December. Tanahun Hydro on April 25 had re-solicited bids from international companies following termination of contract with Italian Company CMC for the construction of structures in the project. The bidder in the first package is required to construct a 140-metre high concrete dam, two diversion tunnels and makeshift dams in the project site. However, Chinese Company Xino Hydro Corporation Ltd has already initiated works under the second package including construction of project tunnel, power house, supply of hydro mechanical and electro-mechanical equipments and installation and operation. The Company now is constructing structures such as project site office building and staff quarter in addition to survey and design of project entrance gate and other infrastructures. Likewise, under the third package, contract signing has been done with Indian Company, KEC, for the construction of double circuit transmission line with 220 –KV capacity from Damauli to Bharatpur. Total cost of the project is 505 million US Dollars. Loan agreement between donor agencies and Nepal government as well as auxiliary loan agreements between Nepal government and Nepal Electricity Authority (NEA) and NEA and the Company have already been signed. The project is aimed to complete its total construction by June-end of 2081. RSS

Related News

Parliamentary committee directs govt to present casino regulations bill

Kathmandu, Sept 30: The Social Justice and Human Rights Committee under the Legislature-Parliament today has directed the government to bring the then enterpriser of Nepal Recreation Centre under the ambit of law. The centre was accused of not paying the tax to government and not providing the salary to the…

Essar-Rosneft deal not violative of sanctions: U.S.

WASHINGTON, Oct. 20: The United States does not see violation of any U.S.-EU sanctions in the recent deal between India’s Essar Oil and the Russian oil giant Rosneft, in which the Russian government has a majority stake. “I don’t think we see any violation of any U.S.-EU sanctions stemming from this…

Despite efforts, India moves up only one place on ease of doing business rankings

NEW DELHI, (INDIA), Oct. 26: India moved up only one position in the International Finance Corporation's (IFC) ease of doing business rankings, triggering a strong reaction from the Indian government which said the string of reform initiatives undertaken by it in the last one year had not been factored in by the World Bank arm. The…

Nepal eligible for MCC fund

Kathmandu, Nov. 5: Nepal has passed 16 out of 20 indicators on U.S. Millennium Challenge Corporation’s Scorecard, and thus become eligible for receiving MCC fund. The U.S. Government’s Millennium Challenge Corporation (MCC) released its fiscal year 2017 scorecards this week – a key component in the agency’s annual competitive selection…

Indian Rs. 500, Rs. 1000 currency notes to be out of circulation from midnight Tuesday

NEW DELHI, Nov. 9: Indian Five hundred and 1,000 rupee notes will cease to be legal tender from midnight on Tuesday, Prime Minister of India Narendra Modi announced in a surprise address to the nation. He said the decision was taken to root out the menace of black money and corruption.…

Pakistan won't be able to copy new notes: Intelligence agencies

NEW DELHI, Nov. 10: Intelligence agencies of India vetted the new denominations of Rs 2,000 and Rs 500 notes asserting that its security features will be next to impossible to replicate for Pakistan and organised criminal networks for some time to come.A top government official without going into the details,…

Video

Find Us on Facebook

From Social

Tokyo (Japan), Sept. 13: A new leadership assumed responsibilities at the Non Resident Nepalese Association (NRNA), Japan on Sunday. The new office bearers took oath of office and secrecy after a long fought battle resulting from dissatisfaction from those who…

Lama led officials assume responsibility in NRNA Japan