The Bhote Koshi Project
is a hydroelectric power plant
. It was constructed from 1997
and started operating in January 2001
. The project cost about US$ 98 million, the majority of which was provided by Panda Energy International
, making it the largest American investor in Nepal.
The installed capacity of the project is 45MW, whereas it has a Power Purchase Agreement (PPA) with Nepal Electricity Authority for generation of 36MW maximum. The PPA dictates how much the project can generate for each month of the Nepali Calendar.
season (2000 hours each year) Bhote Koshi can operate at full capacity, with excess water being spilt. However during winter season the generation capacity of the plant goes down drastically due to low river flows.