Project Details

GETTING THERE

Sapsup khola is a tributary of Sunkoshi river, with the catchment area of 295.59 km2. Sapsup Khola Small Hydroelectric Project, located in Haleshi Tuwachung Municipality & Diprung Rural Municipality (previously, Rajapani, Chhorambu and Yamkha VDCs) of Khotang district in Sagarmatha Zone Eastern Development Region, has an installed capacity of 6,600 KW. The headworks, headrace alignment and powerhouse and other associated structures are proposed in the right bank of the river, in Rajapani VDC. The project site lies at a distance of 20 km away from Mahure, about 241 km distant from Kathmandu, along the Kathmandu-Diktel Road. Regular Bus as well as jeep services is available to project site from Kathmandu to Diktel, district headquarter, along the fair weather road.

PROJECT DETAILS & TRANSMISSION

The design discharge of the project is estimated to be 7.6 m3/s and the gross head is 107 m. The approximate length of the headrace is 4.2 km. The generated power, 6,600 kW, shall be evacuated to the national grid through Loop-In Loop-Out Interconnection at Puranagaun of Khotang. The company shall construct 3 km long 33 kV transmission line to the connection point.

ENERGY & REVENUE

The annual contract energy of SKSHP is calculated to be 40.792 GWh. This has a peaking capacity of 3 hours and thus the power purchase rate is NRs 9.40 for the peak energy, NRs 8.40 during the dry months non-peak energy and NRs 4.80 during the wet months for the base year on which an annual escalation of 3 % will be provided for the first 8 years of its operation. The gross annual income of the project is calculated to be NRs 105,648 thousands during dry months and NRs 129,514 thousands during the wet months summing up to NRs 235,162 thousands on the first year of its operation. The base year revenue NRs 235,162 thousands shall increase to NRs 291,062 thousands in the tenth year of operation.

PROJECT COST

The capital cost of the project is estimated to be NRs. 1,402 millions, including interest during construction. The capital composition shall be 35% equity and 65% bank loan. The economic indicators of the project are very encouraging. The Net Present Value of the project is positive, simple payback period is of 6 years, EIRR 19.65% and BC Ratio is 1.43. The cost per kilowatt is calculated to be NRs. 212 thousand. The project shall deliver high returns to the investors.