Buddha Bhumi Nepal Hydro Power to Invest in 64 MW Hydropower Projects

Summary

Buddha Bhumi Nepal Hydro Power Company Limited will invest in two hydropower projects totaling 64 MW and will hold a 51% ownership stake.

Key Points
  • Buddha Bhumi Nepal Hydro Power Company Limited has decided to invest in two hydropower projects with a combined capacity of 64 MW.
  • The projects are the 43 MW Upper Nyasem Hydropower Project and the 21 MW Upper Nyasem Khola-A Hydropower Project.
  • Both projects are associated with Sindhujwala Hydropower Ltd.
  • Post-investment, Buddha Bhumi Nepal Hydro Power will maintain a 51% shareholding in the combined hydropower projects.
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