#hydropower project

Kathmandu: The contractor and project sides of the under-construction 42 MW Upper Modi ‘A’ Hydropower Project in Annapurna Rural Municipality of Kaski have objected after a local struggle committee pressured them to halt the construction work. The project management has made it clear that while solutions will be sought through dialogue, the work will not be stopped. Construction entrepreneur…

Kathmandu: Construction has begun on the 65 MW Myagdikhola Hydropower Project at Bagar in Dhaulagiri Rural Municipality-4. Promoted by Hydro Village Pvt. Ltd., the project said it is moving ahead simultaneously with the construction of access roads, powerhouse, tunnels, and transmission lines. According to project chief Uttam Paudel, an approximately 10-kilometer access road from Bagar to the dam…

Kathmandu — With the approval of the financial investment modality for the 1,200 MW Budhigandaki reservoir-based hydropower project, the project has now moved forward into the construction phase. The investment model, which had been approved twice by the Cabinet of the interim government, is now set to be implemented. Earlier, the Cabinet meeting held on January 15  had decided to approve the…

Kathmandu: An agreement has been signed in Nepal to prepare the Detailed Project Report (DPR) and tender documents for the 37 MW Tejo Thogam Khola PRoR Hydropower Project. A bilateral agreement was signed between the project developer, Snowfall Hydro Power Pvt. Ltd., and the consulting firm Slesa Engineering Consultancy Pvt. Ltd. (SECON). Under the agreement, Slesa Engineering will provide…

Kathmandu: Yambaling Hydro Power Limited is set to issue an Initial Public Offering (IPO) for residents of the project-affected area and for Nepalis working abroad. The company has announced that the IPO will be issued starting from 22 March. The company has received approval to issue 2.8 million ordinary shares worth Rs 280 million. In the first phase, it will issue 700,000 ordinary shares at a…

Kathmandu — The government has cleared the way to move forward with financial closure with the Indian company GMR, which has secured the 900-megawatt Upper Karnali Hydropower Project. With the full text of the directive order issued in the writ petition filed at the Supreme Court now released, the Office of the Investment Board has found it easier to proceed with the financial management…

Kathmandu: Beni Hydropower Project Limited is set to issue its Initial Public Offering (IPO) in the first phase starting from March 14, targeting project-affected locals and Nepalis working abroad. In the first phase, the company will issue shares to locals of Solukhumbu district affected by the project, as well as to Nepali citizens who are employed abroad with valid labor approval. The company…

Kathmandu: Ridge Line Energy Limited has opened the sale of its Initial Public Offering (IPO) to the general public starting today February 11, 2026. After completing the allotment of shares reserved for local residents of the project-affected area and Nepalis working abroad, the company has issued the IPO for the general public in this second phase. The company had received approval to issue 22…