Thursday, February 24, 2011

RE: FW: Article on Arun III

February 25, 2011
Jiba Lamichhane

Jiba jee

Good to hear from you. Thanks a lot for your comment.

One point I couldn’t include in the article (due to space constraint) is that no private sector would have entered the sector if Arun III was built. Building Khimti in lieu of Arun III heralded a breakthrough for the arrival of private sector in hydropower sector in Nepal. Private sector is here to stay with resultant benefit to country for it not being exposed to cost overrun and time overrun risks. As I have written a couple of weeks back, NEA, however, needs to realize that it needs to review whole sale tariff commensurate to the tariff it pays for import from India to make it viable for the private sector. Additionally, NEA is being disingenuous when it links retail tariff escalation to whole sale power purchase rate as I have proved in my article in Kantipur yesterday.

With best regards,


Ratna Sansar Shrestha, FCA
Senior Water Resource Analyst

From: Jiba Lamichhane []
Sent: Wednesday, February 23, 2011 11:18
To: Ratna Sansar Shrestha
Subject: Re: FW: Article on Arun III

Ratna Sansar jee,

Good analysis. We have been hearing all time that the reason for load shedding is the failure of Arun 3, but your article clarifies many confusions.

Keep on writing !!!!!


On 23 February 2011 05:29, Ratna Sansar Shrestha wrote:

Dear Colleague

Gorkhapatra has published my article on Arun III today, which I am forwarding to you.

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