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Himalaya Urja Bikash Company Pvt.Ltd


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Established on 2056 B.S. as Himalayan Urja Bikas Company Pvt. Ltd, our Company was converted to Himalaya Urja Bikas Company Limited on 19th Kartik, 2071. Utilizing the potential of Khimti khola that is located in the border of Dolakha and Ramechhap district, our Company owns two important mini hydro power projects of Nepal that is going to produce 12 Mw of hydropower from Upallo Khimti Project and 7 MW of hydropower from Upper Khimti -II Project. Both the Projects are currently under constructions and they are located on a hamlet village in Chuchure VDC of Ramchap district. The site is fairly accessible from the capital of Nepal-Kathmandu. Our central office is located in Subhidanagar, TInkune, Kathmanandu and can be easily accessed during office hours.

The authorized capital of our Company is NRs.990 million, issued capital is Nrs.47 million and Paid up capital is NRs.469,955,399. The Company has around 1400 shareholders with the total Equity amount of NRs.786,300,000 (Uppalo Khimti-NRs.478,300,000 and Upper Khimti-NRs.308,000,000). The project financing partner for both the projects of our Company are Nabil bank Ltd., Everest Bank Ltd., Nepal Bank Ltd and Ace Development Bank. The Company has a loan of NRs.1,435,000,000 for Uppalo Khimti Hydropower Project and NRs.924,000,000 for Upper Khimti-II Hydropower Project with the formation of  debt to equity ratio as 3:1.


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Himalaya Urja Bikash Company Pvt.Ltd

World Trade Center(Thapathali, KTM)
E :himalenergy@gmail.com
Tel :01-5111037 
W :http://www.himalurja.com

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