Hanwha, a South Korean company,
Thursday expressed its desire to invest in solar energy sector in Nepal.
A delegation of the company, led
by its vice-chairman Sung Don Cho, is in Nepal to discuss the prospects of
solar energy production here. The delegation met Minister for Energy Top
Bahadur Rayamajhi and Minister for Supplies Ganesh Man Pun and stated their
plans to invest in Nepalese energy sector.
According a press release issued
by the company, it could produce one kilowatt of solar electricity with Rs.
100,000 investment.
Hanwha had submitted a proposal
to the government to develop a 25 mw solar energy project in Nepal .
The company has completed the
constructions of various solar projects around the globe of more than 1,000 mw
capacity.
It installed huge solar plants
in South Korea
and the electricity produced by those plants is directly connected to the
national transmission lines.
The company claimed that it had
expertise in photovoltaics (PV) – a method of converting solar energy into
direct current electricity using semiconducting materials that exhibit the
photovoltaic effect.
The company informed that it
would provide a 5 kw solar pant to 
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