Frequently Asked Questions
A 20 Crore Per megawatt budget has been allocated for the project, including interest during construction (IDC). Revenue per MW will be 3.57 crore per year after operation as per power purchase agreement. Return on equity has been estimated to be 18.89% for the 30 years.
We have signed an agreement with NEA to bring our project to operation by Jan 1 2027. However, we are scheduled to complete the project by October 1, 2026.
Underground works risk for remaining excavation and Uncertainty of the political situation of National and international politics.
We will convert Peace Energy from private limited to public company by June 2025 and immediately start the IPO process.
As of Jan 30, 2025, there is 27% physical progress and 23% financial progress.
All infrastructures including access road, construction power, engineer, operator, Army and labor camps, storage facilities, mechanical workshop, diesel storage and disperse facilities were in complete status by April 2024. Civil contractors were mobilized and started tunnel work from April 1, 2024.
Audit tunnel: 100% complete. Penstock Tunnel 60% complete, Main Headrace Tunnel: 36% complete.
Powerhouse slope Excavation completed up to El. 818.0m However the design level of the Tail pit is 788.80m. Excavation of the Foundation for Floodwall was completed for 91.0m. Concrete works of about 1080 m3 completed. Rebar works of about 60.5 MT for the flood wall were completed.
Excavation of Desander slope completed up to el. 985.0m however, the Bottom Design excavation level is 981.70m. Excavation for the foundation of the under sluice was completed. The Intake area is also completed except for the Cutoff wall excavation. About 600 cum concrete works with different Grades. (Concrete up to Elevation of 977.0m at Under Sluice Gated portion including U/S and D/S cutoff of the same) also, Concrete works completed up to El. 975.50m of Under sluice (Stilling Part). Rebar works completed about 34.50 MT.
Contract evaluation and negotiation is ongoing. It’s in its final stage.
Alignment fixing and detailed survey works have been completed. The design of all types of towers is ongoing. IEE for the Transmission line is going on. Contractor and vendor selection works are under progress. Contract documents for Bid opening preparation works are ongoing.