NEA moves to extend RCOD deadlines for 218 hydropower projects under new classification system

KATHMANDU: The Nepal Electricity Authority (NEA) has initiated the process of extending the Required Commercial Operation Date (RCOD) for 218 hydropower projects that have signed Power Purchase Agreements (PPAs) but failed to begin commercial electricity generation on time.

For the first time, the NEA is implementing a policy that classifies projects into four categories based […] ...