Marsyangdi A Hydropower Station built by POWERCHINA was recently awarded an
excellence certificate for foreign investment in Nepal by the Department of
Industry, Government of Nepal.
It was in
recognition of the outstanding contribution made by the hydroelectric power
project to the development of Nepal's energy sector, as well as to attracting
the first time a Chinese-funded venture has won the award in Nepal.
known as the "mountain country", is a key national participant in the
Belt and Road Initiative and is one of the important markets for POWERCHINA.
The Upper Marsyangdi A Hydropower Station built by
POWERCHINA is awarded an excellence certificate of foreign investment in Nepal.
entering commercial operations in January 2017, the hydroelectric power station
has successfully met challenges such as fragile local power grids, a high
sediment content in rivers and excessive flooding. It has been operating safely
for more than 1,500 days and to date has generated power totaling 1.422 billion
continuously supplies safe, stable and clean power to the Nepal national grid,
effectively alleviating the country's power shortages and resolving the problem
of electricity rationing in the capital, Kathmandu.
first hydroelectric power project funded and constructed by a Chinese-funded
group in Nepal, the completed project had achieved outstanding milestones.
These included entering commercial operations half a year ahead of schedule,
realizing dividends eight years ahead of schedule and achieving new highs in
annual power generation and power utilization hours.
demonstrated the huge advantages enjoyed by POWERCHINA in the integration of
its entire industrial chain with its overseas investment activities. The power
station has become a model for China-Nepal energy cooperation and win-win
project department also fulfilled its social responsibilities. It successively
built roads, bridges, culverts, water supply systems, irrigation systems and
other infrastructure for the local people.
supported the construction of public facilities such as hospitals, schools,
women's associations, temples, police stations and soccer fields.
Upper Marsyangdi A Hydropower Station built by POWERCHINA is the first
hydroelectric power project invested in and constructed by a Chinese-funded
enterprise in Nepal. [Photo/POWERCHINA]