20 private sector initiatives incurred a loss of 2 billion 31 crores.

Over half a dozen government and twenty commercial hydroelectric projects have been impacted by the nonstop rain that has been falling since last Thursday.

In addition to the flood and landslide's effects on the hydropower project, the Hydro Group's stock market also experienced a landslide. Hydro's index fell to 2,957 on Sunday from 3,173 on Saturday.

A landslide of 71 points has damaged 2.36 points in this group. The cost of 82 hydros dropped on Sunday.

Hydro Group's stock declines in response to losses

Both transmission lines and hydropower projects have been harmed by the constant rain. Towers 51 and 52 of the Kabeli Corridor 132 kV transmission line's Godak Damak segment have sustained total damage, according to Nepal Electricity Authority. Likewise, 50 and 53 do not. The tower is partially damaged. Consequently, 170 megawatts of power that were intended to be connected to the Kabeli Corridor were taken off of the national grid.

According to the Association of Independent Energy Producers of Nepal (IPPAN), floods brought on by nonstop rain have harmed twenty hydropower plants in the private sector.

There are reportedly 18 more projects that suffer flood damage. The Independent Energy Producers Association of Nepal (IPPAN) president, Ganesh Karki, stated that the extensive floods that have occurred in the past have caused greater damage to hydropower installations. He claims that eighteen projects have been ruined and twenty projects have been impacted by the data that has been received thus far. He warned that the lack of connection with the project site could lead to an increase in this number.

According to Ippan's statistics, the hydroelectric project's headworks, powerhouses, and commodities have all been washed away, and the road infrastructure has been disconnected. He claimed that even though the flood didn't seriously harm any projects, it took six months to build the project's access road.

Numerous hydroelectric projects have reached a point where their costs will rise and they will not be able to be finished on schedule, according to Ippan President Karki. In order to aid projects damaged by flooding, he insisted on the removal of the state's 28 percent levy on project materials.

According to him, the flood caused an estimated 2 billion 31 million rupees' worth of damage. Ippan President Karki noted that 31 projects had also been harmed the previous year and that, despite the government providing compensation and VAT exemptions, the projects were harmed by floods again in less than a year.

The 22 MW Bagmati Small Hydropower Project (Makwanpur Powerhouse), supported by Mandu Hydropower, is fully submerged, according to IPPAN. It's estimated that the dam region has

sustained damage worth one billion rupees.

Similarly, Mountain Hydro Nepal's 22.1 megawatt Lower Hewa Khola hydropower facility has suffered damages of 25 million rupees. As the Panchthar Power-backed 14.9 megawatt Hewa Khola hydropower plant was ready to begin operations after being destroyed by the flood last year, damage occurred once more.

Similar to this, Sahash Energy's 86 MW Solu Dudhkoshi hydropower project has suspended operations because of headwork damage. Due to damage to the dam and tailrace near Ilam, the Sagarmatha Hydropower Company's 3 MW Mykhola Cascade Hydroelectric Project has ceased operations. An approximate loss of 5 crore rupees has been anticipated for that project.

Additionally, 70 million rupees have been lost due to damage to the 9.6 megawatt Mykhola hydropower project in Ilam, which is being supported by the Sagarmatha Hydropower Company.

The Famekhola hydropower project's power house sustained entire destruction, resulting in a loss of roughly 10 million rupees. Similarly, damage to the Siuri Khola hydropower project's tailrace, intake, and tunnel, which has a capacity of 5 megawatts, has been estimated to be worth about Rs 2 crore.

In a same vein, the 40 Mewa Super Nyadi hydropower project's entrance road has sustained damage. According to IPPAN, there has also been significant damage to the 25 MW Elep river Tatopani hydropower project's access road.

The 216 MW Upper Trishuli-1 hydropower project's camp building and access road are said to have sustained damage, and the loss of three containers is estimated to have cost about 10 million rupees.

IPPAN asserts that around 10 million rupees were lost as a result of the 5 MW Hewakhola hydropower project's crusher being submerged, the access road being damaged, the transmission line tower collapsing, and the material brought in to link the powerhouse being swept away.

Likewise, the hydroelectric project Sabhakhola 'B' has finished building its power house. IPPAN claims that there has been damage to the hydro dam and that the temporary bridge has been washed away, costing Rs 7 crore.

Damage to the hydroelectric project Sabhakhola 'C' is estimated to be worth Rs. 3 crore. In a similar vein, the 86.59 MW Landruk Modi hydroelectric power plant's access road sustained damage, with an estimated cost of 80 million rupees.

From the 100 megawatt Super Trishuli hydropower project, two excavators, two loaders, and three trippers have been washed away. The excavations at Bailbridge and Powerhouse have also been finished. A loss of about 25 million rupees is alleged to have occurred.

The 20 megawatt Langtangkhola hydropower project's dam, camp house, and access road have all sustained significant damage. Similar to this, the transmission line's tower fell and the powerhouse of the Khanikhola hydropower plant was inundated. The access road has sustained numerous damages in addition to the damage to the headrace tunnel, switchyard, and dam. It is estimated that approximately 10 million rupees have been lost.

Ippan claims that the Tungun Tosne hydropower project suffered damage totaling Rs 150 million, including the submersion of the powerhouse, the collapse of the transmission line tower, and damage to the switchyard, dam, and headrace tunnel. Similarly, a loss of Rs 2 crore has also been incurred by the 14.9 megawatt Mayakhola hydropower plant.