BIRATNAGAR, MAR 08 - Industrialists in the Sunsari - Morang industrial corridor are ready to build the 50 MW thermal plant, if the government provides the loan for 20 years.
“We do not just point out problems but also provide solutions to the government,” said Ashok Murarka, director of Murarka Organisation. “If the government provides the loan for 20 years and offers the land of Biratnagar Jute Mills, we will produce 50 MW of electricity within two years.”
The industrialists said that the government has been buying electricity from the India paying Rs. 7.30 per unit.
They said that the same money used for importing the electricity from India could be used to generate electricity by setting up the thermal plant. It costs an estimated Rs. 3 billion for establishing the plant.
Currently, the government has been importing 15 MW each from Kattaiya Power House and Muzzafarpur, India.
Provision of interest free loan for 20 years, duty fee concession on import of coal, thermal plant machine and spare parts and distribution of produced electricity through Nepal Electricity Authority’s transmission line to industries are some of the pre-conditions put forward by the industrialists for building the plant.
According to industrialists, the government should invest 75 percent of the total investment and industrialists will invest 25 percent in the plant which can be operated as a cooperative.
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