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As Nepal s Budhi Gandaki hydro project is put on hold, flooding threatens lives of thousands

As Nepal s Budhi Gandaki hydro project is put on hold, flooding threatens lives of thousands Firstpost 16-02-2021 The Third Pole © Provided by Firstpost As Nepal s Budhi Gandaki hydro project is put on hold, flooding threatens lives of thousands By Ramesh Bhushal Plans to build Nepal’s biggest ever hydropower project have gone through a bewildering series of politically motivated changes since 2011. Now it seems the Nepali government cannot get the Chinese contractor to say when construction might start. Meanwhile, the lives of some 50,000 people are being disrupted for a project Nepali energy sector experts have criticised as fast becoming financially unviable, due to the falling costs of other renewables, such as wind and solar.

Power exchanges account for 51 per cent of short-term trade

Power exchanges account for 51 per cent of short-term trade During the calendar year, the average spot price of electricity in the day-ahead market of power bourses was 16% lower than that in 2019. Synopsis Experts and state governments said the trend was not specific to 2020, though it being an exceptional year, and they expect the share of exchanges in electricity trade to rise further as they offer good discounts over other deals. New Delhi: Power exchanges accounted for 51% of the total short-term trade in 2020, marking the beginning of a significant transformation in the Indian power market that has so far been dominated by bilateral deals.

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