Successful bid price of solar plus storage project in Nepal 2025

The latest reverse auction has resulted in a record low tariff of Rs 3.32 per unit for a “Solar + 4-hour ESS”. This tariff was achieved in a tender by SJVN Ltd for a project that includes 1200 MW of solar power combined with 600 MW/2400 MWh of energy storage.
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6 FAQs about [Successful bid price of solar plus storage project in Nepal 2025]

How many solar projects are being built in Nepal?

According to Department of Electricity Development, about 17 solar projects are currently being constructed in Nepal. NEA along with private sector investors are developing these projects. The department has already issued the license for the construction and the work of these projects is going on full swing.

Is solar power a viable alternative source of energy in Nepal?

As an alternative source of energy, solar power is gaining popularity across the global as well as in Nepal. Although the major investments for electricity production has flowed towards hydropower projects in Nepal, investors in solar projects have increased in recent years.

What is sjvn's new solar energy tariff?

This tariff was achieved in a tender by SJVN Ltd for a project that includes 1200 MW of solar power combined with 600 MW/2400 MWh of energy storage. This newly discovered tariff is approximately 5.8% lower than a similar tender auctioned by SECI in December 2024.

How much is a 'solar + 4 hour ESS' tariff?

The latest reverse auction has resulted in a record low tariff of Rs 3.32 per unit for a “Solar + 4-hour ESS”. This tariff was achieved in a tender by SJVN Ltd for a project that includes 1200 MW of solar power combined with 600 MW/2400 MWh of energy storage.

Are solar power projects generating electricity for commercial purposes?

However, lately the solar projects are being developed to generate electricity for the commercial purposes. Nepal Electricity Authority (NEA) has signed Power Purchase Agreement (PPA) with several solar power projects at an average of Rs 7 per unit. Hence, the development of solar power projects has gained momentum in recent times.

Should solar and energy storage be co-located?

The recent “Solar + ESS” auction results highlight the growing importance of co-locating solar with energy storage projects.

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