Nepal Prime Minister Pushpa Kamal Dahal inaugurated the 72-MW Middle Marsyangdi hydroelectric project in ceremonies December 14 on the Marsyangdi River in western Nepal.
The ceremony was attended by representatives of the German Federal Ministry for Economic Cooperation (BMZ) and KfW Entwicklungsbank, which provided 180 million euros (US$257 million) in financing for the project. Nepal provided 98 million euros (US$140 million) for a total investment of 278 million euros (US$397 million) KfW said.
KfW noted the project required no major alterations of the landscape, utilizing a dam and storage pond just large enough for daily peak load. It will offset carbon dioxide emissions of 340,000 tons, help reduce power shortages, and help boost economic development. (HNN 9/26/08)
“Environmentally friendly hydropower helps to create jobs, enhance economic growth, and reduce poverty,” Wolfgang Kroh, a member of the managing board of KfW Bankengruppe said.
Middle Marsyangdi was planned and supervised by German engineering firm Fichtner GmbH &Co. and built by Dywidag Germany. VA Tech Hydro supplied penstocks and hydraulic steel structures, while Voith Siemens Hydro Power Generation supplied two Francis turbines.
KfW Entwicklungsbank also supported a neighborhood support program in the project area to improve living conditions of the local population by providing community facilities including schools, health stations, water supply, and roads.