Tanahu Hydropwer Limited (THL) #45862

Created at
2024-08-12
Last update
2024-09-24

1. Data source #i1loTVbr

Type
Company sources
Publication title
Project Data Sheet of Tanahu Hydropower
Comment on data source
A $150 million loan agreement was signed with the ADB on February 21, 2013. A similar loan agreement for $183 million was signed with Jica on March 13, 2013, and an agreement was signed with the European Investment Bank (EIB) on May 7, 2013 for a $70 million loan, which was later increased to $85 million. https://kathmandupost.com/money/2017/05/05/162-landowners-receive-compensation-payouts However I have found contracting evidence on investor info. According to the official ADB page: https://www.adb.org/projects/43281-013/main#project-pds Loan 2990-NEP: Tanahu Hydropower Project Asian Development Fund US$ 120.00 million Loan 2991-NEP: Tanahu Hydropower Project (ADF Hard-term) Asian Development Fund US$ 30.00 million Loan: Tanahu Hydropower Project (ADF Hard Term) European Investment Bank US$ 70.00 million Loan: Tanahu Hydropower Project (ADF Hard-term) Japan International Cooperation Agency US$ 184.00 million Abu Dhabi Fund US$ 30.00 million TA 8329-NEP: Support for Sustainable Energy Management and Reforms Japan Fund for Prosperous and Resilient Asia and the Pacific US$ 1.50 million Loan: Tanahu Hydropower Project European Investment Bank US$ 15.00 million Grant: Tanahu Hydropower Project KfW US$ 33.55 million However in the official page of Tanahu Hydropower Limited, KfW, Abu Dhabi Fund is not present, EIB has an investment of 85 milllion dollars while GoN also has investment of 85 million dollars