4 Nov, Baglung:
The Tarakhola Community Hydropower Project which was in limbo for some months now for lack of sufficient funds has started to fund from the locals to advance the project.
A total of Rs 90 million would be collected from the residents of Hill, Tara and Argal VDCs in Baglung district in its bid to meet the financial need for the completion of the 394 kilowatt project.
The project started some three and a half years ago was stopped after completing some 60 per cent of the construction works.
The project has aimed to collect Rs 40 million from the locals of Tara VDC, Rs 30 million from Hill and Rs 20 million from Argal.
The locals’ have already invested Rs 23.2 million in shares while the Alternative Energy Promotion Centre of the government has provided Rs 62.3 million in grant. Similarly, Pahadi Hydropower Company has the investment of Rs 10 million in the project. Total cost of the project is estimated to be Rs 170 million, secretary of consumers’ committee Kul Bahadur Roka said.
The project officials said that the remaining jobs of the construction would begin after the Tihar festival once the fund was collected from the locals. RSS
