July 5, 2022 | Investopaper
Electricity Production is the main source of income for the hydro-power companies. Generally, these companies sign Power Purchase Agreement (PPA) with Nepal Electricity Authority (NEA) at a predetermined rate. This translates into income during the lifespan of the hydro-power companies.
At current, 48 hydro power companies have listed their shares in Nepal Stock Exchange (NEPSE) by issuing initial public offering (IPO). Among the listed hydropower companies, Upper Tamakoshi Hydropower has developed the largest project with the capacity of 456 MW.
The table below shows the hydropower companies listed in Nepal Stock Exchange along with their electricity production.
Electricity Production (IN MW) By Hydropower Companies
|SN||Name||Symbol||Project (In mW)|
|1||Ankhu Khola Jalvidhyut Company Ltd||AKJCL||8.4|
|2||Api Power Company Ltd. *||API||8+8.5|
|3||Arun Kabeli Power Ltd. **||AKPL||25|
|4||Arun Valley Hydropower Development Co. Ltd.||AHPC||3|
|5||Balephi Hydropower Limited||BHL||36|
|6||Barun Hydropower Co. Ltd.||BARUN||4.45|
|7||Buddha Bhumi Nepal Hydropower Company Limited||BNHC||4.99|
|8||Butwal Power Company Limited ***||BPCL||12+9.4+30|
|9||Chhyangdi Hydropower Ltd.||CHL||2+4|
|10||Chilime Hydropower Company Limited #||CHCL||22.1|
|11||Dibyashwori Hydropower Ltd.||DHPL||4|
|12||Ghalemdi Hydro Limited||GHL||4|
|13||Green Ventures Limited||GVL||52.4|
|14||GreenLife Hydropower Limited||GLH||40|
|15||Himal Dolakha Hydropower Company Limited||HDHPC||4.5+8|
|16||Himalaya Urja Bikas Company Limited||HURJA||12+7|
|17||Himalayan Power Partner Ltd.||HPPL||27|
|18||Joshi Hydropower Development Company Ltd||JOSHI||3|
|19||Kalika power Company Ltd||KPCL||6|
|20||Khanikhola Hydropower Co. Ltd.||KKHC||4.36+2|
|21||Liberty Energy Company Limited||LEC||25|
|22||Madhya Bhotekoshi Jalavidyut Company Limited||MBJC||102|
|23||Mailung Khola Jal Vidhyut Company Limited||MKJC||5|
|24||Mountain Energy Nepal Limited||MEN||5+42|
|25||Mountain Hydro Nepal Limited||MHNL||22.1|
|26||National Hydro Power Company Limited||NHPC||7.5|
|27||Nepal Hydro Developers Ltd.||NHDL||3.52|
|28||Ngadi Group Power Ltd.||NGPL||4.95|
|29||Nyadi Hydropower Limited||NYADI||30|
|30||Panchakanya Mai Hydropower Ltd||PMHPL||9.98|
|31||Panchthar Power Compant Limited||PPCL||14.9|
|32||Radhi Bidyut Company Ltd||RADHI||4.4|
|33||Rasuwagadhi Hydropower Company Limited||RHPL||111|
|34||River Falls Power Limited||RFPL||10.3|
|35||Ru Ru Jalbidhyut Pariyojana Limited||RURU||5|
|36||Sahas Urja Limited||SAHAS||86|
|37||Samling Power Company Limited||SPC||9.51|
|38||Sanima Mai Hydropower Ltd. ##||SHPC||22+7|
|39||Sanjen Jalavidyut Company Limited||SJCL||14.5+42.8|
|40||Shiva Shree Hydropower Ltd||SSHL||22.2|
|41||Singati Hydro Energy Limited||SHEL||25|
|42||Synergy Power Development Ltd.||SPDL||9.66|
|43||Terhathum Power Company Limited||TPC||7.55|
|44||Union Hydropower Limited||UNHPL||3|
|45||United IDI Mardi RB Hydropower Limited.||UMRH||7|
|46||United Modi Hydropower Ltd.||UMHL||10+10.5|
|47||Universal Power Company Limited||UPCL||11|
|48||Upper Tamakoshi Hydropower Ltd||UPPER||456|
Note: Project Completed & Ongoing Construction are included in table.
*Api Power Company has received construction license for 40 MW Upper Chameliya Hydropower project on Ashoj 12, 2076 BS.
** Arun Valley Hydropower is constructing Kabeli B-1 HEP (25 MW) in Panchthar and Taplejung District. It has also received construction license for 9.94 MW Kabeli B1 Cascade HPP on Ashoj 12, 2076 BS.
*** Butwal Power Company (BPC) is developing 30 MW Nyadi Khola Hydropower project through its subsidiary company Nyadi Hydropower Limited. The construction of the project has been completed and the commercial electricity generation has started.
BPC received construction license for 140 MW Lower Manang Marsyangdi Project on Karthik 18, 2075 BS.
Manang Marsyangdi Hydropower, fully owned subsidiary of BPC, has received construction license for 282 MW Manang Marsyangdi Project on Mangsir 1, 2075 BS.
#Chilime Hydropower (CHCL) is developing 3 projects with 270.3 MW capacity through its subsidiary companies:
- Sanjen Hydropower- 57.3 MW [Chilime’s Share: 38 Percent]
- Rasuwagadhi Hydropower- 111 MW [Chilime’s Share: 33 Percent]
- Madhyabhotekoshi Jalbidyut Company- 102 MW [Chilime’s Share: 38 Percent]
##Sanima Mai Hydropower (SHPC) has made investment in four hydropower companies:
- Swetganga Hydropower Limited is developing 28.1 MW Lower Likhu HEP. SHPC has 29.99 lakh shares in Swetganga Hydropower.
- Sanima Middle Tamor Hydropower Limited is developing 73 MW Middle Tamor HEP. SHPC has 48 lakh shares in Sanima Middle Tamor Hydropower.
- Upper Mailung Khola Hydropower Limited is developoing 14.3 MW Upper Mailung Khola HEP. Sanima Mai Hydropower has 15 lakh shares in this company.
- Tamor Sanima Energy Pvt. Limited is developing 285 MW Upper Tamor HEP. SHPC has promised to make an investment of Rs 50 crores in this company.