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Wish you all a very Happy New Year 2010…

Dear friends,
My extreme apology for not being able to write often as I remained little bit busy during entire 2009 due to some business projects. I hope to write more in 2010.
I wish all my friends a very Happy and Prosperous New Year 2010. May you all bask into the ocean of joy in this coming year. May god bless you all with profound happiness in life.
Good luck!
Best regards,
N.D.Lama

Posted in Uncategorized.

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Nagarkot

The place not to be missed in a life-time.

It was around 5 pm when we reached Nagarkot. Ecstatic beauty and cool mountain breeze of the hill resort welcomed us. It was like landing above the 'valley of the clouds'. We could see the golden coloured Langtang Himalayan range adorned with silver lining of clouds.

For your reference, Nagarkot- a hill resort village located 32 km east of Kathmandu, Nepal and at an elevation of 2,195 meters, is an international tourist destination with spectacular views of the whole Langtang Himalayan range, sunrise on the mountains and sunset views. We can see the panoramic views of the captivating landscapes and hills with the Kathmandu valley. It is renowned for its sunrise view of the snow-topped peaks of the Himalayan range of eastern Nepal. Many people go up to Nagarkot in the afternoon, stay in a hotel in Nagarkot, and then get up at dawn to see the Himalaya Mountains during the sunrise. There is a lookout tower south of the village where you can get a 360º view of the scenery.

We had couples of snaps and went towards The Hotel "At The End of the Universe"; booked complete flat of the top floor for four of us. We had a pleasant evening. Next day, got up early at around 5:30 am had many snaps of magnificent landscapes and snow-covered mountains. By the time, we were taking breakfast at around 7:30 am, entire resort town was covered by the misty clouds. I was willing to stay over for one more day, but had to leave the place as two of our friends had to take early morning flight to Delhi.

While returning, we could see the picturesque view of Kathmandu valley. I have a plan to be there again probably with my family. Friends, please you also make a plan to be in this heavenly place. You will get a life time of experience.

 ***

 

 

 

 

 

 

 

Posted in Travel.

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Mission accomplished

First ever mission planned after incorporation of 'Health and Education for Nepal' (HEN-a non-profit organization), was organizing a 'Free Health Camp' in a remote village of Nuwakot District, Nepal.

Around two dozen of US medical and non-medical volunteers arrived in Kathmandu, as planned, on 8th March, under the leadership of Mr. Randy Baker (founder of Ed 4 Nepal Inc., USA). More than two dozen of nurses from SANN Nursing Institute and doctors from Nepal were ready to depart from Kathmandu in the morning of 10th March. Dr. Shyam was leading the Nepalese doctor's team.

Convoy of a dozen TATA Sumo left Kathmandu for the mission. In an hour, we were ready to drive through the narrow dusty lanes of Hills in Nuwakot district. The drivers were trained enough for driving in such rough terrain. It took nearly four hours to cover 30 km stretch to the proposed Community hospital site (which is being built by our NGO with financial aid from Ed 4 Nepal Inc.-an US NGO).

Upon arrival, people from this development-hungry village gave a grand welcome reception to the participants. The local community might be hoping to get what they wanted since long, albeit from charitable organizations instead of the government. Participants were overwhelmed by the grand reception. Around three thousand people were present during reception in such a place where habitation is sparsely located.

There were many Korean-American, Indian-American and American volunteers from USA. I was really impressed seeing the volunteers who were fighting dust, risking life in unmettalled and curvy hilly roads, sleeping in temporary tents in such a windy and cold night for helping people they donot know.

I came across a volunteer and curiously asked what she is thinking about the life in US and in Nepal and what made her to go for such social work . She said- "Look, we are well-off and have everything that is required in life and still we are not happy. When we die we can not take what we possess today with us. Materialistic possession is not everything in life. We get immense satisfaction from such social works." Really that is. If more and more such angels could be grouped together, poorest of the poor in the world could be provided a better medical facility in life.

My involvement in this mission is due to reasons similar to that only. My heart filled with joy when more than a thousand people were provided with free health-check up facility in six day camp. Few serious patients were immediately transferred to hospitals in Kathmandu; around 20 cases of 4th degree Uterine Prolapsed patients are undergoing free surgery in Helping Hands hospital in Kathmandu.

The news of the camp was covered by local media. There was huge participation of people from around one dozen villages. Senior political leaders were invited during closing ceremony. There were many bottlenecks during the camp. Still it was one of the best ever free medical camp organized by any NGO in Nepal's history. We have a plan to organize a 'follow-up camp' in November 2009. Your participation (doesn't matter whether you are from medical background or not) in this upcoming camp is highly requested.

For more detail, please refer to our website: www.he4n.org and please feel free to contact me at lama_nd@rediffmail.com

Best regards,

N.D. Lama

Posted in Charity works.

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Incorporation of a non-profit organization

Friends, 

In an effort to fulfill my long-standing desire of doing something for the society in which I was grown up, I, along with some of my friends, have incorporated a non-profit non-governmental organization called- "Health & Education for Nepal (HEN)".  

Our objective is to promote and support self-sustaining medical facilities and educational opportunities among the impoverished people of Nepal through special collaborative partnerships. It is registered with Social Welfare Council of Govt. of Nepal and various other government agencies as per statutory provisions.  

"Health & Education for Nepal (HEN)" has partnered with "Health & Ed 4 Nepal Inc.", a U.S. non-profit corporation, to build a medical clinic in the Kumari VDC of Nuwakot District in Nepal. The U.S. non-profit corporation is providing funds to build a medical clinic that will eventually be self-sustaining and scholarships to train a medical staff and short term support for the operations of the medical facility.

Please visit our website www.he4n.org and that of our US partner www.healthanded4nepal.org for more detail about us.

As you are aware, Nepal is one of the poorest countries in the world; it has been devastated by decade-long insurgency. With the change in political environment in Nepal, people are hopeful of better prospects in times to come. But without proper resources, their dream can be shattered. We intend to help these resource-strived Nepali people especially from rural areas in their endeavor towards better future.

I request you all to support our Health and Education related effort through any the following categories: General fund, Medical Clinic, Scholarship, Sponsor a child, Sponsor a school and any other.

Your support however small when added to the support from many other can be substantial for impoverished people of Nepal. Even if you can not provide financial help, simply forwarding this information to your friends will also be of much help.

Thank you for your generous contribution. 

With best regards,

For and on behalf of Health & Education for Nepal (HEN) 

N.D. Lama

(Executive secretary) 

Posted in Charity works.

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Yeah South Asians

Yeah South Asians

There is nothing wrong in being a South Asian. 

Doesn’t this sound so familiar?

YOU ARE A
SOUTH ASAIN IF…..

1. Everything you eat is savored in garlic, onion and tomatoes.
2. You try and reuse gift wrappers, gift boxes, and of course aluminium foil.
3. You try to eject food particles from between your teeth by pressing your tongue against
them and making a peculiar noise like, tshick, tshick, tschick, tschick.
4. You are standing next to the two largest size suitcases at the Airport.
5. You arrive one or two hours late to a party - and think it’s normal.
6. You peel the stamps off letters that the Postal Service missed to mark up.
7. You recycle Wedding Gifts.
8. You name your children in rhythms (example, Sita & Gita, Ram & Shyam)
9. All your children have pet names, which sound nowhere close to their real names.
10. You take Indian snacks anywhere it says “No Food Allowed”
11. You talk for an hour at the front door when leaving someone’s house.
12. You load up the family car with as many people as possible.
13. You use plastic to cover anything new in your house whether it’s the remote control, VCR, carpet or new couch.
14. Your parents tell you not to care what your friends think, but they won’t let you do
certain things because of what the other “Uncles and Aunties” will think.
15. You buy and display crockery, which is for special occasions, which never happen.
16. You have a vinyl tablecloth on your kitchen table.
17. You use grocery bags to hold garbage.
18. You keep leftover food in your fridge in as many numbers of bowls as possible.
19. Your kitchen shelf is full of jam jars, varieties of bowls and plastic utensils (got free
with some household items).
20. You carry a stash of your own food whenever you travel (and travel means any car ride longer than 15 minutes).
21. You own a rice cooker or a pressure cooker.
22. You fight over who pays the dinner bill.
23. You live with your parents and you are 40 years old. (And they prefer it that way).
24. You don’t use measuring cups when cooking.
25. You never learnt how to stand in a queue.
26. You can only travel if there are 5 persons at least to see you off or receive you whether you are travelling by bus, train or plane.
27. If she is NOT your daughter, you always take interest in knowing whose daughter has run with whose son and feel proud to spread it at the velocity of more than the speed of light.
28. You only make long distance calls after
11 p.m.

29. If you don’t live at home, when your parents call, they ask if you’ve eaten, even if it’s
midnight.
30. You call an older person you never met before “uncle.”
31. When your parents meet strangers and talk for a few minutes, you discover you’re talking to a distant cousin.
32. Your parents don’t realize phone connections to foreign countries have improved in the last two decades, and still scream at the top of their lungs when making foreign calls.
33. You have bed sheets on your sofas so as to keep them from getting dirty.
34. It’s embarrassing if your wedding has less than 600 people.
35. All your Tupperware is stained with food color.
36. You have drinking glasses made of steel.
37. You have mastered the art of bargaining in shopping.

Posted in My collections.

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New Year wishes

Dear friends!

Hope this New Year brings you, 

  • Hopes for a bright future,
  • Affection & love,
  • Peace of the heart,
  • Prosperity that is unlimited,
  • Year round fun

 

Wishing you a happy new year 2009.

Regards,

N. D. Lama

 

 

 

 

Posted in NEW YEAR WISHES.

3 comments



Tips for Better Life

1. Take a 10-30 minutes walk every day. And while you walk, smile. 


2. Sit in silence for at least 10 minutes each day.
 

3. Sleep for 7 hours.
 

4. Live with the 3 E’s — Energy, Enthusiasm, and Empathy.
 

5. Play more games.
 

6. Read more books than you did in 2008.
 

7. Make time to practice meditation, yoga, and prayer. They provide us with
  
daily fuel for our busy lives.
 

8. Spend time with people over the age of 70 & under the age of 6.
 

9. Dream more while you are awake.
 

10. When you awake alive in the morning, thank GOD for it.
 


11. Drink plenty of water. 

12. Try to make at least three people smile each day.
 

13. Don’t waste your precious energy on gossip.
 

14. Forget issues of the past. Don’t remind your partner with his/her
mistakes of the past. That will ruin your present happiness.
 

15. Don’t have negative thoughts or things you cannot control. Instead
invest your energy in the positive present moment..
 

16. Realize that life is a school and you are here to learn. Problems are
simply part of the curriculum that appear and fade away like algebra class
but the lessons you learn will last a lifetime.
 

17. Each day give something good to others.
 


18. Smile and laugh more.
 

19. Life is too short to waste time hating anyone. Don’t hate others.
 

20. Don’t take yourself so seriously. No one else does.
 

21. You don’t have to win every argument. Agree to disagree.
 

22.. Make peace with your past so it won’t spoil the present.
 

23. Don’t compare your life to others’. You have no idea what their journey
 
is all about. Don’t compare your partner with others.
 

24. No one is in charge of your happiness except you.
 

25. Live every moment.


26. What other people think of you is none of your business.
 

27. Have faith in GOD. GOD heals everything.
 

28. However good or bad a situation is, it will change.
 

29. Your job won’t take care of you when you are sick. Your friends will.
Stay in touch.
 

30. Get rid of anything that isn’t useful, beautiful or joyful.
 

31. Envy is a waste of time. You already have all you need.
 

32. The best is yet to come.
 

33. No matter how you feel, get up, dress up and show up.
 

34. Do the right thing!
 

35. Call your family often.
 

36. Your inner most is always happy. So be happy.
 

37. Don’t over do. Keep your limits.

 

***


Posted in My collections.

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Foraging around Uttaranchal…

Day 1

 

It was 5 in the morning; I woke up with sleepy eyes when my friend blared horn of his car in front of my residence. His IIT day's discipline and punctuality was visible when he arrived on committed time. Hurriedly, I got ready within half an hour as we were about to start our four days trip, albeit on business mission, to Uttaranchal state.

 

Getting little late in starting from Delhi was also not bad as thick layer of fog was welcoming us along the way upto Moradabad. We could not increase the speed. It was already 1 pm when we reached Haldwani town, from where the upward journey towards hilly districts of Uttaranchal begins. My hydro-geologist friend was already there waiting for us. He had traveled all the night from Deharadun for the mission.

 

Lunch @ Atithi Restaurant on Rampur Road, little planning for the trip and a James Bond Movie consumed rest of the day.

 

Day 2

 

We started at 7 in the morning. Mr. Negi, our entrepreneur colleague, was on the driving seat. He was the senior-most and leader of the trip. With the help of various maps of rivers, print-outs from google earth and the pictorial map of HEP (Hydro-Electric-Project) sites, we started our mission of finding out suitable site for our proposed HEP project, along the river.

 

Away from the day-to-day busy schedules and the polluted environment of Delhi and NCR, I felt relaxed when I could breathe under the heaven-like environment of picturesque district of Almora, a fine blend of mountain beauty; ancient cultural influences, sanctified spots, thickly wooded forests, scenic valleys, quaint cottages, crystal lakes and gushing rivers……


Around few hours of drive from Haldwani and we were driving alongside the Bhimtal which is situated at a distance of 22kms from Nainital and at an altitude of 1371.6 metres above sea level. Came to know it is approximately 1700 metres by 300 metres. We could see an island hotel, to the north-east side. It is heard to be an exquisite gem in the middle of the lake. If time prevails, I wished to have a check.

 

From there, we moved towards Kalsa river thereby inspecting potential sites. I was hopeful of finding out abundance of water in the river as I had seen many hand-pumps on the way at the height of 1800 metres! We could see many agricultural research-set-ups along the river side and many signs of irrigation infrastructures.

We could not find suitable site on the river as the river water is told to be too low than our requirement during lean-period/dry season. Thanks to the irrigation department.

 

We returned from Padampuri and went towards Bhawali for inspecting Kosi River. On the way, there was a micro-hydro plant on Ramgarh River. Parked the car and had a look of the plant. It is learnt to be into existence since 1991 and still performing well. Moreover there is only a single operator to operate the whole plant! It boosted my morale. After-all this was the kind of business I was thinking of since long one-time-heavy investment and proper planning and long-term reaping of reward in the form of revenue with minimum operating cost

 

There was Kosi river just after Khairna. We started moving upstream along the river. We were little happy to find sizeable amount of water in the river and thought to mention a site or two on the river in the list of our potential sites.  But got little dismayed when we came know, from the local people at Kwarab (junction of Suwal river and Kosi river), that there would be little or no water in the river during lean-period. There was a fact in their saying as we could see lot of irrigation activities alongside the river at some places through open channel and at other using 'Vertical-Lifting-Mechanism'.  It was nice to learn that newly formed state has taken many steps towards agriculture-revolution in hilly districts.

 

Since our hope of finding out suitable HEP site on this river got faded away, we planned to move towards other rivers. For which we had to reach Bageswar district crossing Almora city, Kausani, Garur, Baijinath, Someswar. Mr. Negi took courage to cover around 150 Km till 7:30 pm. Driving after sun-set especially in hilly areas is real challenge. It's risky too for the driving enthusiasts from the plain areas.  

 

On the way, there was beautiful Kausani, wherein the likes of Mahatma Gandhi, Jawaharlal Nehru and many other writers had made their presence. The beauty of sun-set over snow-covered high-himalayas was magnificent. It was really exhilarating. At the hill resort of Kausani the mountains rise so dramatically as if to reach the heavens. In fact not just Kausani the entire Kumaon Hills have been known for their idyllic beauty with the huge mountains silhouetted against the sky. Kausani offers the magic of the deep pine forests and the majestic mountains. I was wondering if Kausani, at the height of 1890 metres from msl (mean-sea-level), is having tea-gardens too. But I could not see many. Attempts made to develop tea-gardens were seen alongside the road. Exploring deep pine-tree forest on the way towards Baijinath was real fun. Only regret of my hydro-geologist friend was that he was not able to see good 'kanchhis' (read-beautiful girls) there.

 

After crossing Garur, it was almost dark and we could not enjoy the sight seeing. We all were completely exhausted when we reached Bageswar. Mr. Negi's nephew was already there greeting us with 'Signature' at Kumaon Mandal Guest House. It was pleasant night not so cold as the place was just 900 metres from msl.

 

Day 3

 

Mr. Negi, this 55 something old entrepreneur, is really energetic. He woke up at 5, had tea and signed-off for morning walk when I and my other friends remained bundled up in blankets.  After 45 minutes or so, he came back sweating. He took bath and got ready for visiting Bageswar temple, with a local guide who was sent by his nephew. Unwillingly I got up and took bath and went to the temple with him. The temple is located at the junction of Saryu river and Gomti river. Really artistic place

We walked around sanctified places, taking blessing from Panditji and worshipping god and goddesses; wrote-off names of the persons for whom we wished for betterment in life (it is believed all wishes are granted if we write the names on the wall of one of the temples there I wonder if it is true). Then it was time to visit the office / residence of the Assistance Engineer nephew of Mr. Negi. By 8 am, we started our journey to explore near-by Rivers with the help of a local guide.

   

I had maximum hope that there would be potential site, for sure, on Saryu river as it is said to be generated from Himalayan Glaciers. Unfortunately entire 35 km stretch of the river was found to be allotted already to some other developers. Fed up, we went towards other rivers thereby crossing Kapkot.  At last, few potential sites, albeit of smaller capacity, was located and we decided to return. Real happiness could be seen on the face of my IITian friend and Mr. Negi. My hydro-geologist friend asked me if I was missing my 'kanchhi' (he learnt this phrase when he was working in North East states of India for many years) back home when he saw my pale face (I was suffering from stomach pain, may be due to cold or water). That fellow was real fun to have during the entire journey.

 

It was around 2 pm when we had brunch at Kapkot. We were divided over whether to make a stay in Ranikhet or in Almora. My hydro-geologist friend and  I were wiling to make a visit to Ranikhet but my IITian friend won the race as he had to reach Delhi next day anyhow and hence we started moving to Almora. Nevertheless, I wish to visit Ranikhet next time.

 

The road was much better. Still I felt like exhausted. Switched to the mobile-music I'm alive by Celine Dion followed by some instrumental songs With the soothing music and the beauty of the calm hills/rivers/thrilling curves of the roads, I felt as if my tiredness got vanished away. It was 8 pm when we reached Almora. Along the way, we enjoyed the night view of entire Almora city a sloppy city at an altitude of 1650 metres from msl. It looked like a bride on her wedding day. It was really marvelous. Again, it was a tedious job for Mr. Negi to cover around 130 km until we reach Almora city. Staying in Hotel Shikhar; walking around Almora city markets were a great experience too.

 

Day 4

 

It was time to conclude the visit. We decided to re-confirm the water level in Kosi river from local people. Our doubts got cleared upon reconfirmation. While returning via Bhimtal, we could see housing complex and cottages on the south eastern part of Bhimtal. It was really beautiful. We regretted not being able to visit the site due to time constraint. We zoomed towards Delhi via new route (this time via Kaladhungi Road). The road was in good condition. It was already 2 pm when we reached Kashipur wherefrom our hydro-geologist friend took bus to Dehradun. It was 9 pm when we reached Delhi. I call it a fun-filled-business cum entertainment trip, Love to explore other parts of Uttranchal next time.

 

***

Posted in Travel.

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She made me cry

It was on 14th Nov Friday 2008. As usual, I was leaving for Delhi from my home before my holiday leave ends. My toddler daughter, hardly 1 and ½ yrs old, was clinging on me and insisted me to take her too with me. I was helpless, neither could I take her with me, nor could I extend my stay (to meet the office deadline). I was her favourite hero since I reached home few weeks back. She might have hardly remembered my face when I left her two months back. But to my surprise, she said- "daddddy"; hugged me and clung on me at the gate on the very first day of my arrival. Since then she remained on my lap during entire duration of my stay, ignoring her mom too.


I wondered what made me her favourite! Is it because I left her alone for long due to my occupation and she wanted me not to leave her alone again? Or is it because she needed me the most? Or something else?


I could not avoid my tears when she had to be forcibly taken from me when I was getting too late for the flight After all what could I have done for her ? Nothing What an unsuccessful father I have been who could not even remain with his kids! How unsuccessful I have been who could not land a good job in his own city, in the vicinity of his near-and-dear-ones, even if he has many degrees and decade long experience!


Please do not take me negatively I have been a person with positive attitude. But of late, I do not know why I am feeling like an unsuccessful man in the world even though I earn at par the best talented contemporary friends.


What will you do when your wife rings you at 3 am in the night from hundreds of miles away and says- "I had a bad dream about you and could not sleep whole night and thought to give you a call to check if you are all right"? "What will you do when your toddler cries a lot and tries to enter into PC to meet you whenever you make a video chat with family members back home?" I remain helpless when my kids and wife cry every time I leave home for my job in Delhi. They demand my time and I can not give it. They demand my love and company, I can not give it. Is it good to become a money making machine only? I do not call it a success. What you say?


***

Posted in Love.

46 comments



Hydro power generation in Nepal: Immense possibility of growth

Hydropower currently accounts for nearly one-quarter of the world’s electricity production, with a total sum of 650,000 megawatts (MW) installed. It is not only a significant contributor in terms of the overall global energy balance, but is arguably the only renewable energy resource that is commercially exploitable on a large scale at present levels of technology.

 

Nepal is well endowed with enormous hydro-power resources. Nepal has roughly 83,000 MW of hydropower potential, half of which is economically feasible for development. Less then 1% of this capacity has been developed, while the demand for clean, renewable energy in Nepal, northern India, and southwest China is expected to at least double over the next decade. Demand for power in Nepal is outstripping supply by 25 MW or 10% per year. India’s energy deficit is expected to reach 20,000 MW by 2010, and China’s deficit will reach 330,000 MW by 2015.

 

Nepal is the major contributor of the Ganga Basin. The five major sub-basins inside Nepal are shown in table below. The annual discharge of outflowing rivers from Nepal to India is about 224 billion cubic meters. In a span of about 100 km, rivers lose a potential height of about 4,000 meters, thus providing a high linear density (33 MW/km) and large hydropower potential is shown in Table 1 below.

 

Table 1: Basin-wise hydropower potential in Nepal

Basin

Theoretical Potential (GW)

Economic

Potential (GW)

Major rivers

Small rivers

Total

Koshi

19

4

23

11

Gandaki

18

3

21

5

Karnali and Mahakali

32

3

35

25

Others

3

1

4

1

Total

72

11

83

42

Source: Dr. Hari Man Shrestha, 1966, Cadastre of Hydropower Resources, PhD Thesis, Moscow Power Institute, Moscow, USSR. Figures are rounded.

 

This comparatively cheap source of power provides a distinct advantage for Nepal to embark on a program of rapid industrialization. So, Nepal's Maoists-led-present government has ambitious plans of generating 10,000 MW of electricity within 10 years. This ambitious plan is not unachievable if gone towards right direction. One positive step in this regard is Nepal has opened this sector for private investment and Foreign Direct Investment.

 

India has tremendous pressure on supply of electrical power in line with its rapid economic growth. There is vast deficit of supply against demand. India's plan to enter into Nuclear power generation through Indo-US Nuclear deal is the justification of such demand of cheap electricity energy. But if experts are to be believed, the nuclear power generation is not that cost effective and not easy especially due to its technological requirements and environmental constraints. So, tapping hydro power generation potential offered by neighboring country- Nepal should be viewed as a grand opportunity which is too costly to lose for India.

 

This is the right time for Indian government to take bold steps, by forging an alliance with Nepal in this hydro power sector. This is because present leadership of Nepal government has promised its people of economic revolution and Nepal's leadership clearly understands that without India's cooperation, it is not possible. So, the Nepalese leadership is expected to take India on board for tapping of hydro power development potential in the country.

 

India, no doubt, can further boost its economic growth by investing in hydro power generation in Nepal. Cheap electrical energy generated in Nepal can be transmitted through the power-highways. Nepal Electricity Authority and the International Leasing & Finance Services (IL&FS) of India have entered into an agreement to form joint venture companies' (JVCs) for development of the following transmission links infrastructure development:

 

95 Butwal-Gorakhpur: 400 kV T/L to be completed by the end of 2008/09.

95 Duhabi-Purnea: 400 kV T/L to be completed by the end of the 2008/09.

95 Dhalkebar-Muzaffarpur : 400 kV T/L to be completed by the year 2010/11

95 Anarmani-Silgudhi: 400 kV T/L to be completed by the year 2010/11.

 

More such developments are expected in times to come.

 

 

COMPARISON OF THERMAL AND HYDRO-PROJECTS

 

India has been more dependent on thermal power generation since long time. In terms of “bankability” (that is, the ability to raise finance to support a project), there are marked distinctions between hydro and other forms of power generation. If one excludes nuclear power as being, at least at present, an unsuitable candidate for independent power development on a number of grounds relating to environmental, safety and cost considerations, the principal comparison lies between hydro and fossil fuel thermal power stations.  Hydro remains a sound long-term investment whose shelf life is almost indefinite compared with the 15- to 20-year life cycle of a typical thermal power station.

 

THERMAL VS HYDRO- FACTORS AFFECTING BANKABILITY

Particulars

Thermal

Hydro

Remarks

 

 

 

 

Capital Cost (US$/kilowatt)

400-1,400

(800-3,000)**

**At present, it is approx. 1500 USD/KW in Nepal. But it depends upon various factors. There are IPPs who have produced at lower than this rate.

Operating cost

high

Low

Construction risk

Low

high

Construction time

2-4 years

3-6 years

Project life

15-20 years

>50 years

Decommissioning costs

yes

unlikely

Electrical and mechanical (E&M) plant

80%

30%

Site influence

Low

High

Technology

changing

mature

Source: Private Financing of Hydro Projects, C R Head, PSWG Seminar, Croatia 1997.

 

In making such a comparison it is easy to see why hydro has fallen out of favor since liberalization of the power sector because it is perceived to be capital-intensive, slow to implement and risky.

 

But this scenario of financing is changing now. International Finance Corporation (IFC), a World Bank affiliated group, has pledged loan for private hydro power generation entities and has already invested 10 per cent of the total investment in Khimti and Bhotekoshi Hydropower projects in Nepal. IFC has pledged to finance 25 per cent of the total fund required for two hydropower projects, bagged by two Indian companies also. India’s GMR Energy Ltd has got the contract to work on the Arun-III (402 Mw) project whereas Sutlaj Vidyut Nigam has bagged the 300 Mw Upper Karnali project. Moreover, Power Development Fund (PDF) is developed which is a component of Nepal Power Development Project (PDP) agreed between Government of Nepal and the World Bank to finance private development of small and medium sized hydro schemes. The PDF is expected to provide long term financing for private sector hydropower developments in Nepal.

 

In India also, a sea change has occurred in the sphere of power development after promulgation of the Indian Electricity Act - 2003. The states have unbundled their monolithic power utilities and electricity has become a commodity for trade. Small hill states such as Himanchal Pradesh, Arunachal Pradesh and Sikkim have seen an upsurge in hydropower development especially on the strength of the very progressive incentives the developers are receiving for hydropower investment.

 

Apart from hydro power generation in these hill states, India should forge an alliance with Nepal, as with Bhutan, to tap hydro power potential in order to meet the country's energy needs. Government should formulate power exchange policy and develop infrastructure. Once this policy comes into force, Indian private investors can benefit by investing in export-oriented-hydro power projects in Nepal. At present, Nepal Electricity Authority (NEA) also purchases electricity produced by Independent Power Producers (IPPs). NEA has fixed* the purchase rate for purchasing electricity from IPPs producing less than 5 MW. Licensing agreement and Power Purchase Agreement (PPA) is for 35 years (source: Hydro Power Policy 2001 of Nepal govt) and given the fact that the payback period from such project is 5 to 7 years, this licensing agreement period is more than sufficient from the investor's perspective to cash on its investment.

 

* (PPA is readily signed with developers of plants 5 MW and below on standard terms. The standard terms are: wet season rate of NRs. 3 per kWh, dry season rate of NRs. 4.25 per kWh, purchase rates escalated till 5 years at 6% p.a., PPA validity of 35 years)

 

Nepal's present government is likely to come up with new policies in this sector thereby easing the hurdles for the Independent Power Producers (IPPs). Nepal government has also entered into a series of bilateral agreements and has signed international conventions in order to guarantee the interest of investors. Some of those agreements and international conventions are:

  • Bilateral agreements on investment protection with France, Germany and United Kingdom;
  • Ratification of Multilateral Investment Guarantee Agency (MIGA);
  • Ratification of New York Convention for the Enforcement of the Foreign             Arbitration Award;
  • Bilateral agreements on the avoidance of double taxes with India, Norway and Thailand; and
  • Power Exchange Treaty with India.

 

Various Acts and Regulations, as shown above, have been promulgated and international conventions and protocols have been endorsed to show its full commitment to the protection of investor's interests in such investments. Since the large scale power development and evacuation involves more than one nation, it becomes necessary for a more coordinated involvement of bilateral and multi-national agencies. Such an involvement would encourage the business confidence of the private sector and, consequently, the flow of capital for development.

 

Hydropower is a renewable form of energy and it also has a potential to reduce the emission of green house gases from SAARC region. These factors also put Nepalese water resources in a good list for development. Nepal neither has a capability to invest by itself in large-scale multipurpose water resources projects nor has the capacity to absorb all the electricity produced by such projects. However, here is a need to develop these resources mainly for export to accelerate socio-economic development in Nepal and its neighboring countries. Therefore, it is high time to propagate the concept of regional benefits for hydropower development.

 

At a time, when Nepal is seeking help from developed countries for a sustainable development of its natural resources and improvement in quality of life of its citizens, it will be wise on Indian government's and private sector's part to make investment in hydro power development projects in Nepal.  

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