Madi Multipurpose HPP is a 156MW hydro power project. It is planned on Madi river/basin in Lumbini, Nepal. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2026.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Hydropower 156 – 156 Permitting Lumbini, Nepal Hydroelectricity Investment and Development; Power Construction Corporation of China

Description

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The project is being developed and currently owned by Hydroelectricity Investment and Development and Power Construction Corporation of China. The company’s ownership stake in the project stands as 74% and 26% respectively.

Madi Multipurpose HPP is a pumped storage project. The net head of the project will be 324m. The project cost is expected to be around $212.438m.

Development Status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2026.

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About Power Construction Corporation of China

Power Construction Corporation of China (PowerChina) is a state-owned construction company. It provides contracting, survey and design services for water conservation, wind power, thermal power, hydropower projects and power and infrastructure projects. PowerChina also manufactures power station auxiliary equipment and metal component products. It offers engineering, procurement and construction (EPC) services to hydropower, water works, thermal power, energy, and transmission and distribution projects. PowerChina’s brands include Hydrochina, Sepco III, Hypec and Sinohydro. The company carries out real estate, investment and finance businesses, and provides operations and maintenance (O&M) services. The company executes construction projects in Asia Pacific, Middle East, Africa, the Americas and Europe. PowerChina is headquartered in Beijing, China.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.