9 Aug 2010 13:41

Sinohydro to build 456 MW hydropower plant in Nepal

Shanghai. August 9. INTERFAX-CHINA - Sinohydro Corporation, China's largest hydropower project developer, will build a hydropower plant along Nepal's Tamakosh River, the company announced on August 9.

According to the announcement, the plant will have a total installed capacity of 456 megawatts (MW) and will be able to generate 2.28 billion kilowatt-hours (kWh) of electricity per year when it goes into operation.

Sinohydro said that construction of the RMB 1.285 billion ($190 million) plant will be completed by the beginning of 2015. At that time, the plant will be Nepal's largest, according to Sinohydro.

Founded in the 1950s, state-owned Sinohydro has constructed over 65 percent of China's hydropower projects, the company said.