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Butwal Power Gains Full Ownership of Khimti I After Statkraft and Eviny Exit
Statkraft and Eviny have sold their stakes in Nepal’s Himal Power Limited (HPL) to their local partner Butwal Power Company (BPC), transferring full ownership of the company to BPC. The agreement covers Statkraft’s 57% and Eviny’s 26% shareholdings. With the deal, BPC now owns 100% of HPL, which operates the 60MW Khimti I hydropower plant. The plant began operations in 2000 and was Statkraft’s…
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