At the end of 2021, good news kept coming from Bagmati Hydropower Plant in Nepal, and it achieved another success in 2021. The generation volume reached a record high, successfully completing the annual power generation task.The annual on-grid electricity reached 123.3GWh, exceeding the generation quota of the Power Purchase Agreement. As of December 31, the electricity generation increased by 7.8GWh, a growth rate of 6.6% comparing to last year. It also recorded an excess electricity generation of 13GWh , an increase of 12%, comparing to the target planned at the beginning of the year. 

Since the beginning of this year, the COVID-19 epidemic has re-emerged in Nepal, and things  has become pretty grim. In addition, the electricity grid system in Nepal has collapsed and power outages are still frequent. Facing the severe situation, Mandu has overcome all difficulties to fight the epidemic and ensure power supply. The operation management of Bagmati Hydropower Plant has always been firmly combined with the situation of Nepal's power grid and the plant’s own development goals, adhered to the operation tenet of ‘epidemic prevention, safety, stability, continuity and efficiency’, and paid close attention to operation management. Strengthening communication and coordination with NEA, solving problems in a timely manner, and establishing a good relationship of cooperation and mutual trust, which ensures the smooth  operation of Bagmati Hydropower Plant throughout the year, and lays a solid foundation for   full-load electricity generation.

Bagmati Hydropower Plant was invested and constructed by SHIC in Nepal. As the first overseas project of Shuifa Group, it is also the earliest project invested and implemented by Chinese-funded enterprises in Nepal. The project started commercial operation in April 2019. The accumulative electricity generation was 305GWh, and it has continued to operate safely for 981 days.Dividends were realized in the first year of operation. Since it was put into operation, the operation has been safe and stable, and has made great contributions to alleviating the power shortage in Nepal. The power Plant has been actively fulfilling the social responsibility, deepening the localized management. Such activities has effectively promoted the local economic development, and has received great attention from the Nepalese government.