Clifford Chance advises Essel-Clean Solu Hydropower on largest private sector energy project in Nepal
Clifford Chance has advised Essel-Clean Solu Hydropower Private Limited on the $142.5 million financing of a run-of-the-river hydroelectric power plant with a total installed capacity of 82 MW located in Solukhumbu District in the Eastern Development Region in Nepal (the Lower Solu Project). The Lower Solu Project is the largest private sector energy project and the first private financing in Nepal undertaken by both international and domestic lenders.