INTRODUCTION
Himalayan Power Partner Ltd.
Himalayan Power Partner Ltd. (HPPL) was established and registered in 2061 B.S. under the Company Act 2053 of Nepal as a private limited company with the main objectives to provide the services in the fields of research, development and consultation in the energy sector. The head office of the company is located at Maharajgunj, Kathmandu, Nepal.
The company was converted to the Public Limited Company in June 2013 under the Company Act 2063 of Nepal. Major shareholders of the Company are NRN Infrastructure & Development Co. Ltd. And IME Group. The authorized capital of the company is NPR. 2700 million and the paid-up capital is NPR 1065 million.
The company has developed Dordi Khola Hydro-electric Project of 27 MW capacity in Lampung, Nepal. The Project was commissioned on 30 September 2022 and is running/ operating smoothly by the in-house team of HPPL.
The Company is listed in Nepal Stock Exchange (NEPSE) and under trade of secondary market since 2017.
The company has also invested in the upcoming Middle Kaligandaki Hydro-electric Project (66.3 MW), Myagdi, which is being developed by Hydro Support Pvt. Ltd., a sister company of IME Group of industries.