K.F.A. CONSULTING PVT.LTD.
Status: Completed investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
The Lower Solu Project led by Essel Clean Solu Hydropower (ECS), comprises a run-of-river hydroelectric power plant in the Solukhumbu district in Nepal. With a capacity of 82MW, the Lower Solu Project is the largest private sector hydropower project in Nepal. K.F.A. Consulting Pvt. Ltd. is the implementing party for a capacity development project.
What is our funding objective?
To establish and provide a skills training program to 80 people in four construction-related fields (Assistant Welding / Electrician, Scaffolding, Bar-bending/ Steel fixtures and Masonry). The CD project is targeted to run from July to November 2016.
Why do we fund this investment?
The CD Project aims to make a green investment of FMO more inclusive by providing knowledge and skill building to the local community. As local skilled workers are largely unavailable, the CD Project aims to train unskilled people form the local community, thereby building the local pool of skilled resources for the Lower Solu Project and at the same time providing the skills to the local community that can serve them in the longer term.
- Region
- Asia
- Country
- Nepal
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 11/29/2016
- End date
- 3/1/2018
- Total FMO financing
- EUR 0.05 MLN
- Funding
- FMO NV