Transcript Nepal’s Energy Sector

Power Summit 2006 and 2007
In Retrospect
Khadga B. Bisht
Executive Member, IPPAN
September 23, 2008
POWER SUMMIT OBJECTIVES
• Concerted effort of all stakeholders in power sector to develop projects
sustainably by using water resources of Nepal
• An effort to bring the developers – investors, financiers, insurers,
government and the state utility to a common platform
• Focus towards jump-starting private sector initiatives
• Provide valuable information on projects ready for development
• Cover issues in project financing and likely models
• Provide information on perception of risks and project risks
• Information on securitization of risks through market mechanism
and;
• Educating power developers on multidimensional aspects of hydropower
project : technical aspects, power transmission and trading, project
financing, project risk, project insurance etc.
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Power Summit 2006 was held during 7-8 September 2006 with a tagline
"Powering Opportunities"
The organizer, IPPAN and PTC India felt the tagline as very pertinent
Participation of PTC India Limited as a strong co-organizer
Government of Nepal, Government of India and various public and private
sector institutions had joined Summit 06.
Almost 45 institutional participants from Nepal and 35 from India
Able to highlight Nepal’s hydropower potential, challenges and
opportunities.
Technical sessions: Multi disciplinary covering such issue as the
– projects available for development, development issues, market and
regulatory environment, financing and risk in hydro power projects
development etc.
Organizers
• 1. IPPAN
• 2. PTC India Limited
Lead Sponsors from Nepal
• Butwal Power Company
• Everest Bank Limited
• SN Power
• Standard & Chartered Bank Nepal Ltd.
Lead Sponsors from India
• Jaypee Group
• GMR
Co-Sponsors
• IL & FS Infrastructure Development Limited
INDIAN ORGANIZATIONS PARTICIPATING IN POWER SUMMIT 2006
1
Lanco Green Power
15
E & Y Pvt. Ltd.
29
POWER GRID Corporation of India Ltd
2
Malaxmi Power
16
IL &FS
30
Power Finance Corporation Ltd
3
Him Urja
17
PNB
31
India Renewable Energy Development Agency
4
Marubeni Corporation Projects Ltd.
18
MALANA POWER
32
American Chamber of Commerce in India
5
Swasti Power Engineering Ltd.
19
EVEREST POWER
33
ICRA Limited
6
Teesta Urja
20
Jaypee
34
AES India
7
IFFCO TOKIO
21
CII
35
KSK Energy Ventures Ltd
8
Meenakshi Power Limited
22
GMR
36
SMEC Development Pty Ltd
9
Alstom Projects India Limied
23
S.N POWER
37
Sino Hydro Corporation
10
Toshiba India Pvt Ltd
24
L&T
38
Satluj Jal Vidhyut Nigam Limited
11
ICICI Securities Ltd.
25
Maytas Infra
39
Bhilwara Energy
12
CRISIL Adv.
26
BHEL
40
PTC India Ltd
13
NTPC Ltd.
27
SNC Lavalin
14
SBI Caps
28
REC
NEPALESE ORGANIZATIONS PARTICIPATING IN POWER SUMMIT 2006
1
IPPAN
21
Ministry of Water Resources
41
Hadikhola Jalbidhyut
2
LEDCO
22
Water & Energy Commission
42
Hydro Lab
3
Himal Power Limited
23
Nepal Rastra Bank
43
Everest Bank Ltd
4
Shangrila Energy
24
Department of Electricity Development
44
Standard Chartered Bank
5
SHDAN
25
Nepal Electricity Authority
45
Nepal Investment Bank
6
IRG
26
Electricity Tarriff Fixation Committee
46
Bank of Kathmandu
7
BKPC Pvt Ltd
27
Nepal India Chamber of Commerce
47
Power Dev. Fund Administrator
8
Sanima Hydropower
28
Federation of Nepalese Chamber of Commerce 48
Punjab National Bank
9
Swet Bhairab
29
Confederation of Nepalese Industry
49
National Life & Insurance Company
10
Himal International
30
Federation of Nepal Contractors Association
50
Shikhar Insurance
11
ARE
31
Jyoti Group
51
KL Dugar
12
PowerGen Co
32
BKPC Pvt Ltd
52
Shah Consult International Pvt Ltd
13
Klen Tech
33
Butwal Power Company
53
Mercantile
14
Winrock International
34
Himal Hydro
54
Nepal Hydro & Electric
15
Arun Valley
35
SN Power, Nepal Office
55
ICTC
16
Molnia Power Supply
36
Sunkoshi Hydropower
56
Development Dynamics Pvt Ltd
17
Indian Embassy
37
Mailun Khola
57
Delta Core Pvt Ltd
18
Royal Norwegian Embassy
38
West Seti Project
58
BYS
19
USAID
39
Lumbini Hydropower
59
Joshi & Bhandary Group
20
National Planning Commission
40
Sagarmatha Power Company
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Power Summit 2007 held on 17-18 Sept. and followed the same tagline
IPPAN, Nepal Banker’s Association (NBA) and PTC India as the
organizers
The active and enthusiastic role of NBA in Power Summit 2008 was
encouraging to all power developers –especially to technocrats
Government of Nepal, Ministry of Water Resources, Department of
Electricity Development, Nepal Electricity Authority and the private
sector responded enthusiastically.
Government of India, various public and private sector institutions of
India also joined the Summit.
Developers from India, China, Norway, Australia, Korea etc. showed
great interest in the presentations made and the projects hilighted
More than 70 institutional participants from Nepal and 50 from India –
significant increase from the Summit 06.
Technical Sessions were very focused:
– Mechanisms for setting up real-time power trade were presented
by organizations such as PTC India, IL&FS etc.
– Policy & Regulatory Environment for Nepal India Hydropower
Cooperation discussed in detail.
– Hydropower Policy & Regulatory Framework in Nepal
– Issues in Hydropower Development; Construction & Financing
– Transmission, Interconnection & Power Trade Issues
• Transmission planning: anomalies and shortcomings
• Role of PTC in cross border Power Trade & Development
– Financiers' Perspective
– Project Risk & Insurance Perspective
POWER SUMMIT OBJECTIVES: how did we fare?
• Private sector sponsors, banks, financial institutions, insurance companies have
joined the debate and are participating in the hydropower development process.
• Cross-border transmission lines through the NEA- IL&FS initiative are in the
process of development.
• Some of the participants of Summit 2006 has already obtained licenses; eg:
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GMR
Sutlej Jalvidyut Nigam Ltd.
Brass Power, Brazil
Green Ventures
Bhilwara
Navayuga Engg. Co.
Pioneer Gen. Co. Ltd.
Everest Power Pct. Ltd.
:300MW Upper Karnali
:402MW Arun 3
: 308 Lower Arun
:51MW Likhu IV
: 50MW Balephi
:165 MW, dudh Koshi
: 58MW Seti Nadi
:184MW, Upper Karnali St1
Participants are increasing not only in numbers but also in their contribution and
are venturing in the hydropower projects in Nepal
Participants are more informed and educated about the hydropower sector now
than ever before
ARRIVING AT POWER SUMMIT’08
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Government of Nepal - the Patron of the Power Summit 2008
Participation of Hon. Minister of State of Power and Commerce of Government of
India.
An elected government in Nepal after a decade long insurgency
Government of Nepal’s program: A vision for 10,000MW in 10 Years
Banks and financial sector of Nepal, India and multilaterals participating in all
Power Summits –and are creating a unified approach for fast track power
projects development to alleviate power shortages.
Government's recent step on easing the environmental assessment and approval
procedures up to 50 MW.
India’s growing demand for electric power
vis-à-vis
New Nepal’s vision for 10,000MW in 10 years
A perfect match not to be not left behind.
END NOTE
India’s growing demand for electric power
vis-à-vis
New Nepal’s vision for 10,000MW in 10 years
A perfect match not to be not left behind
Thank you