Kathmandu, May 20
Nepal Electricity Authority Managing Director Kul Man Ghising says contractors who fail to complete their transmission line assignments on time should pay a penalty to the Authority for the unforeseen delay incurs a huge loss to the government-owned utility.
When contractors responsible to construct transmission lines fail to do their job on time, electricity produced from hydropower projects cannot be used properly; and the Authority has to pay a penalty to project promoters in this case.
Now onwards, the Authority will make the contractors pay the penalty to the Authority and it will be given to the promoters in turn, according to Ghising.
Ghising apparently made the decision after the contractors hired for Solu Corridor transmission line are unlikely to meet the deadline. According to the power purchase agreement, the government has to pay 45 per cent of production as penalty to the promoters upon failure to take the power to the national grid through the transmission lines.
Meanwhile, a Ghising-led team on Friday monitored under-construction substations and transmission lines of the project in Tingla of Solukhumbu district.
