Hydropower Development
Optimum realisation of natural resources is a key to the economic growth of the country.
Nepal has huge potential for hydropower development and there is a great need of power as the country makes progress towards industrialization. Moreover, a vast market in the neighboring country makes it possible to export the surplus Nepal can generate. But funding hydropower projects is a major obstacle.
Experience shows that until and unless local resource and local capability is used to the fullest extent we can never get affordable power nor will we be able to export it to our neighbors. Given the opportunity, a company like Himal Hydro could play a major role in the development of affordable hydropower in Nepal. Himal Hydro has repeatedly proven it can successfully complete major and daring construction.
In last 30 years, Himal Hydro has pioneered and led the hydropower construction sector in Nepal. With this experience, Himal Hydro looks forward to develop hydropower projects. Himal Hydro is going to emerge as a Hydropower Developer in recent future. Himal Hydro has obtained Survey licenses for Electricity Generation of some Hydropower Projects and their feasibility studies are being carried out. One of the Hydropower Projects under feasibility study is Super Madi Hydroelectric Project, which will have 44 MW installed capacity. Himal Hydro is also actively involved in the development process of Middle Modi Hydroelectric Project of 15 MW installed capacity.
Any investment from Himal Hydro will generally be through our involvement in the construction of the project. Himal Hydro's contribution could be in the form of cash investment, deferred payment for the part of the work done or conversion of part of the construction to shares.