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include - APP/View/MagazineArticles/view.ctp, line 54
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
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Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 54]
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include - APP/View/MagazineArticles/view.ctp, line 54
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
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Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 55]
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include - APP/View/MagazineArticles/view.ctp, line 55
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
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Upper Arun Hydroelectric Limited Appoints Consultant for Upper Arun HEP
1 min 14 sec to read
Upper Arun Hydroelectric Limited (UAHL) has chosen a consultancy team for the Upper Arun Hydroelectric Project. A consortium consisting of Tractebel Engineering (Germany), Tractebel Engineering (Spain), and WAPCOS Limited (India), in collaboration with Total Management Services and Zed Consult of Nepal, has been appointed as the supervisory consultants for the 1,063 MW hydropower project.
According to the agreement, the consultancy services will be remunerated with a sum of Rs 4.2 billion, to be paid in three currencies: Euro, Dollar, and Nepali Rupee. As per UAHL, the consultants will receive payments amounting to 23.4 million euros, 445,000 US dollars, and 643 million Nepali rupees, inclusive of taxes. The consultancy period spans 117 months, with 21 months allocated for reviewing designs and preparing bidding documents, 72 months for supervising the construction process, and 24 months for providing consultancy services during the operation and maintenance phase of the project.
The project will be financed through 'blended financing', incorporating concessional investment from international multilateral development partners and loan investment from domestic banks and financial institutions. A consortium led by the World Bank will extend a loan investment for the project, with plans underway for the signing of the loan agreement at the upcoming Investment Summit.
The estimated cost of the project is Rs 214 billion. An MoU has already been signed to secure Rs 53 billion from Nepali banks under the leadership of the Hydroelectricity Investment and Development Company (HIDCL). Projected to commence implementation in 2026, the project is slated to commence power generation in 2031.
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'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '4326',
'hit' => '443'
)
)
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/MagazineArticles/view.ctp, line 279
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
