Solar energy worth Rs 47.1 million sold in five months

Jhapa, Jan 4: Solar energy producer, Jhapa Energy, has sold power worth Rs 47.1 million to Nepal Electricity Authority in five months.

The company produced 6.52 million units of power during the period from Shrawan to mid-Mangsir of the fiscal year 2082/83 from its 10-megawatt solar power project based in Buluchowk, Ward No. 4, Shivasatakshi Municipality, according the chair of the company's board of directors, Lal Bahadur Sanwa Limbu,

The Nepal Electricity Authority purchases the power produced by Jhapa Energy at the rate of Rs 7.30 per unit. It has been producing electricity commercially since the past two years.

Jhapa Energy has established the project in an area of 22 bigaha of land in Buluchowk, where 21,600 solar panels have been installed. The solar power generated from the project is transported to the Nepal Electricity Authority's Buluchowk substation, located within a kilometer, and connected to the national power grid.

Jhapa Energy had generated solar power worth Rs 50 million and sold it to the NEA in the fiscal year 2080/81. Chairman Limbu said that sales increased to Rs 90 million in the fiscal year 2081/82.