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Rasuwagadhi Hydropower Company Limited (RGHPCL) is a subsidiary of Chilime Hydropower Company Limited (CHPCL) and was incorporated in August 2011 as a public limited company. It has planned to develop a new project - Rasuwagadhi Hydroelectric Project (RGHEP) having capacity of 111MW in Rasuwa district of Central Development Region.
The financing of the project will be done with 50:50 debt-equity ratio. The company will manage the debt requirement of the project from the Employees Provident Fund (EPF) for which tri-partite loan arrangement has been signed between EPF, CHCPL and RGHPCL on 2068/08/22. The equity investment will be made through 51% promoter share and 49% public share.
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Ownership
The company has the equity structure with share investments of 51% as a promoter share and 49% as a public share. As a promoter, Chilime holds majority of the shares with 33% share holding and NEA with 18% shareholding.
About Project
The company has aimed to develop Rasuwagadhi Hydroelectric Project having capacity of 111 MW. It is located in Rasuwa district, Bagmati Zone of Central Development Region. The project is accessible by the Kathmandu -Trisuli - Somdang road at a distance of 130 km to the north of Kathmandu to reach to Syabrubesi and then around 16 km from Syabrubesi to the project site at Rasuwagadhi.
Contact Address
Rasuwagadhi Hydropower Company Limited
House No: 223, Kapan Marg, Ward No-3, Chakrapath Maharajgunj, Kathmandu, Nepal
+977(1)4371744, 4371794
Fax: +977 (1) 4371725
