NEA Extends RCOD for 27 Hydropower Projects to Unlock 540 MW in First Phase
The Nepal Electricity Authority (NEA) has extended the Required Commercial Operation Date (RCOD) for 27…The Nepal Electricity Authority (NEA) has extended the Required Commercial Operation Date (RCOD) for 27 hydropower projects totaling 540 MW in the first phase under a newly approved categorization policy to support genuine investors facing construction roadblocks. This includes projects such as Nyadi and Sanigad under Categories A and B out of 218 evaluated initiatives totaling 218 projects, while future decisions will rely on institutional criteria rather than discretion, according to Energy Minister Biraj Bhakta Shrestha.
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