Trishuli Jal Vidhyut Company Limited

No comments yet. Be the first to share a view.

Trishuli Jal Vidhyut Company Limited (NEPSE: TVCL) is a public hydroelectric company established in 2011 as a joint venture between the Nepal Electricity Authority (NEA) and Nepal Doorsanchar Company Limited (Nepal Telecom). The company develops and operates the Upper Trishuli 3B Hydroelectric Project, a 37 MW run-of-river cascade facility located on the Trishuli River in Nuwakot and Rasuwa districts of Bagmati Province. The project comprises two 18.5 MW Francis turbines with a gross head of 89.3 meters and design discharge of 51 cubic meters per second. TVCL is the first hydropower company to float an IPO under Nepal's Citizens' Hydropower Project scheme, with shareholding extended to local governments, local communities, and the general public. The company has signed a 30-year power purchase agreement with NEA under a take-or-pay modality. The project is under construction with anticipated commercial operation by mid-July 2027. The company was incorporated on 11 May 2011 and is headquartered in Banasthali, Kathmandu, Nepal.

Key Facts

Installed Capacity

37 MW (2 x 18.5 MW Francis turbines)

Location

Trishuli River, Nuwakot and Rasuwa districts, Bagmati Province

Project Type

Run-of-river cascade (downstream of Upper Trishuli 3A, 60 MW NEA project)

Gross Head & Design Discharge

89.3 meters / 51 cubic meters per second

Power Purchase Agreement

30-year PPA with NEA (take-or-pay modality); dry season rate Rs 4.80/kWh, wet season Rs 8.40/kWh

Expected Commercial Operation Date