Microgrids are off-grid electricity sources that are installed at remote locations where national gridlines are not readily available. Gham Power installed Nepal’s first Microgrid – a 70KW powerhouse located in Khotang – in 2014. Since then, GhamPower has installed over 9 microgrids – mostly in touristic destinations and hiking trails. These microgrids have impacted in total 270 families.
Microgrids are equipped with data sensing devices that track and feed live data usage over a period of time. They are financed by communities that install them and are provided with ‘pay-as-you-go’ financing mechanisms. The total payment tenure is as long as 10 years. We match communities with potential impact investors, who finance the total up-front purchase cost. These investors will be paid in full along with a low rate of interest over an extended period of time.
Who is it for?
Communities without access to national grid-line
Communities around popular tourism trails
Communities clustered around religious hubs
How does it work?
Communities contact GhamPower representatives closest to them with a letter of intent to install microgrids.
GhamPower engineers conduct a site survey in the location of the communities. Thereafter, they prepare a pre-feasibility report on the communities detailing potential sites for microgrid installation along with an energy audit detailing the energy requirements of each household.
Community representatives and GhamPower employees negotiate a contract to finalise the installation deal. A detailed feasibility report is produced if community representatives agree on all the terms and conditions put forth.
GhamPower facilitates potential funding arrangement and financing structure to reduce the upfront cost borne by rural communities. Fundings can either be grant or debt. If communities consent with the financing arrangements available to them, GhamPower installs microgrids in their respective locations.
Investors track regular operational and impact data from the projects they have invested in. This allows investors and GhamPower remote access to each of their investments. This transparent tacking of operational data ensures that communities are accountable towards repayment of debt equity.
Regular energy audits are conducted for each Microgrid location to ensure that microgrids suffice the energy demand of the communities. Proper and regular maintenance service is provided by GhamPower engineers. Investors are repaid in full within 10 years of microgrid installation along with an attractive rate of return on their principal investment.