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A 22.14 MW run-of-river hydropower plant on the Balephi Khola in Sindhupalchok District, built by Moonlight Hydropower Company Limited.

As of August 2026 the project is 90.58% complete. The headworks, approach canal, settling basin, forebay and surge tank are finished. The headrace canal and powerhouse are at 95%, and the hydro-mechanical and electro-mechanical works at 70%.

Once the remaining works, testing and the grid connection at NEA’s Pangtang substation are complete. We will publish the commercial operation date here when it is fixed.

The Nepal Electricity Authority, under a power purchase agreement for 22.14 MW that runs for 30 years from commercial operation. The tariff is Rs 8.40 per unit in the dry season and Rs 4.80 in the wet season.

About 125 GWh in an average year, of which roughly 37 GWh in the dry season. The PPA contracts 124.56 GWh a year.

The plant uses the river’s natural flow and has no large reservoir. Water is diverted at the weir, passed through the turbines and returned to the river below the powerhouse.

About 9 km of road, an irrigation canal, protection of the Mahadev Mandir and school buildings, and a new boundary wall for a school damaged in the earthquake.

Yes. The share issue has ERC approval, Laxmi Sunrise Capital is the issue manager and Jyoti Capital will underwrite the general public issue. See the Investor Relations page for each step.