Mandu Hydropower Limited (MANDU)

INVESTOPAPER

Brief Report of Mandu Hydropower Limited

Project Bagmati Khola Small Hydropower Project in Makwanpur district [ROR]
Capacity  22 MW [128.09 GWh]
Construction Status  Operational since April 2, 2019
Construction License 2071/03/19 to 2106/03/18 [In B.S]
PPA Agreement Take or Pay
Per MW Cost Rs. 18.1 crores
NEPSE Listing 10-Oct-2023
Paid-up capital Rs.136.36 cores [As of Karthik end, 2080 BS]
Ownership Structure Promoter-Public=88:12
Investment in other companies  Rs. 40 crores (8.96%) investment in Tundi Power Company Limited (developing 35.5 MW and 48.5 MW Project)

Major Shareholders Number of Shares Share Ownership (%)
Sichuan Hechuan Investment Co. Ltd. 58,80,000 43.12
Maheshwor Prakash Shrestha & Family 27,30,491 20.02
Prithvi Bahadur Pande & Family 11,00,000 8.07
Himalayan Infrastructure Ltd. 10,54,227 7.73
Lomus Investment P. Ltd. 5,00,000 3.67

Suggested Readings:

List Of Hydropower Projects Under Construction In Nepal

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