When will the UBKHEP be transferred to NEA/ GoN?
As per the PPA, 50% of the assets of the project shall be transferred to NEA after 25 years of operation in 2026, at a cost of just one rupee. Thereafter, NEA would enjoy 50 % of the profits without any financial investment in UBKHEP. As per the Project Agreement, UBKHEP will be transferred to the Government of Nepal (GoN) after 40 years, in the year 2036, at zero value. 100% of the benefits of this project will be enjoyed by GoN once the project is handed over in the year 2036.
