Nepal allocates 960 MW in PV tender with lowest bid of $0.037/kWh

The Nepalese authorities had originally planned to allocate 800 MW of PV capacity through the procurement exercise. The 64 selected projects range in size from 5 MW to 50 MW. The Nepal Electricity Authority (NEA) has published the list of the selected projects for the solar energy tender it launched in June. The authority allocated 960 MW of PV capacity across 64 projects in the procurement exercise, which was originally planned to assign around 800 MW. The selected projects range in size from 5 MW to 50 MW. The lowest bid came in at 4. 99 NPR ($0. 037) and the highest reached 5. 55 NPR. Power ...

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