For the first time in Nepal's history, the world's top multilateral and bilateral lenders are partnering with the government and the Nepal Electricity Authority (NEA) to develop the 670-megawatt Dudhkoshi Storage Hydroelectric Project. Component A: This component will mainly consist of civil work for the construction of the headworks structures, construction of the underground. Energy storage is essential for managing the reliability of renewable energy by responding to fluctuations of energy systems. With the dominance of hydropower, constituting 95% of Nepal's generation capacity, mostly by run-of-river, energy storage systems (ESS) are vital not only during dry seasons. The Global Pumped Hydro Storage Atlas [42,43]identifies ~2800 good sites in Nepal with combined storage capacity of 50 TWh (Fig. How much hydro. For the eastern province, Tamor High-dam project can be a game changer project for reducing dependency of electricity from other provinces and also serve as a means to achieve prosperity for the people through employment opportunities. A preliminary report prepared by NEA indicates that the. ADB, World Bank, AIIB, EIB, OFID, SFD and NEA will develop the $2. 32 billion reservoir-based hydropower project. Project site in fragile Himalayan terrain brings high environmental and safety risks.