Bidders courted for Nepal’s 2.4-MW Ridikhola

Nepal’s Ridi Hydropower Development Co. (P) Ltd. is expected to seek bids for civil works and equipment to build the 2.4-MW Ridikhola hydroelectric project in Ruru and Digam VDCs of Nepal.

The World Bank’s International Development Agency has given the developer a letter of intent to provide US$1.65 million from the Power Development Fund, part of a World Bank-funded US$75.6 million Nepal Power Development Project.

Ridi Hydropower has received a license for the run-of-river project, to be built on the Ridikhola River, in Gulmi District, Western Development Region, Nepal. The balance of the estimated US$4.7 million project is to be funded by developer equity and local financial institutions.

Ridi is expected to seek bids in November for civil works and procurement of mild steel sheets and metal fabrication works. It is expected to seek bids in February 2007 for electro-mechanical equipment.

Prospective bidders who wish to be included on a mailing list of invitations to pre-qualify or bid are invited to contact the address below. For information, contact Project Manager Kuber Mani Nepal, Ridi Hydropower Development Co. (P.) Ltd., Baneswor, Nilkamal Marg, GPO Box No. 11039, Kathmandu, Nepal; (977) 1-4475234; Fax: (977) 1-4474895; E-mail: ridihydro1@gmail.com.

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