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Dordi Khola Hydropower Report

1) The annual report highlights the company's continued investment in hydropower projects to support national energy development goals and generate returns for shareholders. 2) Key financial statements for the fiscal year are presented for discussion, including the balance sheet, income statement and cash flow statement. 3) The report expresses confidence that the company will continue expanding its areas of profitable and development-oriented investment through prudent management of risks and maximization of returns.

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Raunak Koirala
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0% found this document useful (0 votes)
213 views44 pages

Dordi Khola Hydropower Report

1) The annual report highlights the company's continued investment in hydropower projects to support national energy development goals and generate returns for shareholders. 2) Key financial statements for the fiscal year are presented for discussion, including the balance sheet, income statement and cash flow statement. 3) The report expresses confidence that the company will continue expanding its areas of profitable and development-oriented investment through prudent management of risks and maximization of returns.

Uploaded by

Raunak Koirala
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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k'l:tsfdf ;dflji6 ;fdfu|Lx?

qm=;+= ljj/0f k[i7


!= jflif{s ;fwf/0f;ef ;DaGwL ;"rgf ============================================================== ====== @
@= k|f]S;L kmf/d tyf k|j]z–kq ============================================================================== #
#= ;~rfns ;ldltsf] k|ltj]bg ============================================================================ %
$= n]vfk/LIfssf] k|ltj]bg =================================================================================== !#
%= Schedules ====================================================================================================

Schedules 1 : Share Capital ============================================================================= !*


Schedules 2 : Reserves and Surplus ================================================================== !*
Schedules 3 : Fixed Assets and Depreciation ====================================================== !(
Schedules 4 : Investment ================================================================================ @)
Schedules 4.1 : Investment in Listed Shares ======================================================= @)
Schedules 4.1 : Investment in Unlisted Shares ==================================================== @)
Schedules 4.1 : Investment in Mutual Funds ====================================================== @)
Schedules 5 : Cash and Cash Equivalents =========================================================== @!
Schedules 6 : Other Current Assets ================================================================== @!
Schedules 7 : Sundry Creditors and other Liabilities ============================================ @!
Schedules 8 : Administrative Expenses ============================================================== @@
Schedules 9 : Significant Accounting Policies & Notes of Accounts as of 16 July 2018 = @#

^= Project Progress Report – Dordi Khola Hydropower Project =========================== @&


1. Introduction ============================================================================================= @*
2. Development Milestones ============================================================================= @*
3. Project Features ========================================================================================= @*
4. Project Construction Schedule ===================================================================== @(
5. Progress ================================================================================================== #)
6. Environmental & Social Support ==================================================================== #&

&= NRN Infrastructure and Development Ltd. - At a Glimpse ============================== #*


*= Projects and Constructions ========================================================================== $)
Pgcf/Pg OGk|mf:6Sr/ P08 8]enkd]G6 lnld6]8
-sDkgL P]g @)^# adf]lhd :yflkt ;+:yf_
sf7df08f}, kmf]g g+= (&&–)!–$))@^#*, ˆofS; g+= (&&–)!–$))@^#(
E–mail: [email protected], website: www.nrnil.com

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o; sDkgLsf] ;~rfns ;ldltsf] a}7ssf] lg0f{o cg';f/ o; Pgcf/Pg OGk|mf:6Sr/ P08 8]enkd]
G6 lnld6]8sf] ;ftf}+ jflif{s ;fwf/0f;ef lgDg lnlvt ldlt, ;do / :yfgdf lgDg ljifox? pk/
5nkmn tyf lg0f{o ug{ a:g] ePsf]n] ;Dk"0f{ z]o/wgL dxfg'efjx?sf] pkl:yltsf nflu xflb{s cg'/f]
w5.
;ef x'g] ldlt, ;do / :yfg M
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;do M laxfg !)M)) ah]
:yfg M csfdf xf]6n, ;'s]wf/f, sf7df08f} .
jflif{s ;fwf/0f ;efdf k]z ul/g] 5nkmnsf ;fdfGo k|:tfjx? M
!= cWoIfHo"sf] dGtJo tyf ;ftf}+] jflif{s ;fwf/0f ;efsf] nflu ;~rfns ;ldltsf] jflif{s k|ltj]bg
kfl/t ug]{ .
@= cf=j= @)&%÷)&^ sf] n]vfk/LIfssf] k|ltj]bg ;lxt @)&^ cfiff9 d;fGt;Ddsf] jf;nft /
cf=j= @)&%÷)&^ sf] jflif{s gfkmf gf]S;fg lx;fa ljj/0f / gub k|jfx ljj/0f dfly 5nkmn
u/L kfl/t ug{] .
#= sDkgL P]g @)^# sf] bkmf !!! adf]lhd cf=j= @)&^÷)&& sf] nflu n]vfk/LIfssf] lgo'lQm ug]{
/ kfl/>lds lgwf{/0f ug]{ .
$= ljljw .
jflif{s ;fwf/0f ;efdf k]z ul/g] 5nkmnsf ljz]if k|:tfjx? M
!= sDkgLsf] k|aGwkq / lgodfjnLdf cfjZos ;+zf]wg ug{] ;DaGwdf .
;~rfns ;ldltsf] cf1fn]
sDkgL ;lrj
gf]6M–
yy z]o/wgLn] k|ltlglw -k|f]S;L_ dgf]gog u/]tfklg jflif{s ;fwf/0f;efdf z]o/wgL :jo+ pkl:yt eO{ xflh/L
lstfadf ;xL u/]df ;f] k|ltlglw dgf]gog :jtM ab/ x'g]5 .
yy Ps z]o/wgLn] Pshgf k|ltlglw dfq lgo'Qm ug{ kfpg' x'g]5 / ;f] dgf]gog ;fwf/0f;ef x'g'eGbf $* 306f
cufl8 ug{'kg{]5 .
yy cGo cfjZos hfgsf/Lsf] nflu o; sDkgLsf] /lhi68{ sfof{no sf7df08f}df ;Dks{ /fVg' x'g cg'/f]w ul/G5 .

2
;fwf/0f ;efdf cfkm\gf] k|ltlglw lgo'lQm ug]{ lgj]bg -k|f]S;L kmf/d_
-sDkgL P]g, @)^# sf] bkmf &! sf] pk bkmf -#_ ;Fu ;DalGwt_
>L ;~rfns ;ldlt
Pgcf/Pg OGk|mf:6Sr/ P08 8]enkd]G6 lnld6]8
sf7df8f}+ .
ljifo M k|ltlglw lgo'lQm u/]sf] af/] .
dxfzo,
=========================================== lhNnf ====================================== g=kf=÷uf=kf= j8f ======== a:g]
=============================== d÷xfdL ========================================================================= n] Pgcf/Pg
OGk|mf:6Sr/ P08 8]enkd]G6 lnld6]8sf] z]o/wgLsf] x}l;otn] @)&^ ;fn cflZjg dlxgf @$ ut]sf
lbg ;ftf}+ jflif{s ;fwf/0f ;efdf d÷xfdL :jo+ pkl:yt eO{ 5nkmn tyf lg0f{odf ;xefuL x'g g;Sg]
ePsf]n] pQm ;efdf d]/f]÷xfd|f] tkm{af6 efu lngsf nflu ========================== lhNnf ===========================
g=kf=÷uf=kf= j8f g+= ======== a:g] To; sDkgLsf z]o/wgL >L ==========================================================
nfO{ d]/f] k|ltlglw lgo'lQm u/L k7fPsf 5f} .
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x:tfIf/sf] gd'gf M b:tvtM
z]o/wgL g+=M gfdM
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ldltM z]o/wgL g+=M
z]o/k|df0fkq g+=M
z]o/ ;+VofM
b|i6Jo M of] lgj]bg ;fwf/0f ;ef x'g' eGbf slDtdf $* 306f cufj} o; sDkgLsf] /lhi68{ sfof{no sf7df8f}+df k]z u/L ;Sg' kg]{5 .

k|j]z–kq
z]o/wgLsf] gfd M ======================================================== z]o/wgL g+= M ==================================
z]o/ k|df0f–kq g+= M ==================================================== z]o/ ;+Vof M ====================================
z]o/wgLsf] b:tvt M =========================================
ldlt M ldlt @)&^ ;fn cflZjg dlxgf @$ ut]sf lbg x'g] Pgcf/Pg OGk|mf:6Sr/ P08 8]enkd]G6
lnld6]8sf] ;ftf}+ jflif{s ;fwf/0f ;efdf pkl:yt x'g hf/L ul/Psf] k|j]z–kq .
b|i6Jo M
!= z]o/wgLx?n] dfly plNnlvt ;Dk"0f{ ljj/0f clgjfo{ ?kdf eg'{ xf]nf .
@= ;ef sIfdf k|j]z ug{ of] k|j]z–kq k|:t't ug{ clgjfo{ 5 .
sDkgL ;lrj

3
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5}7f}+ jflif{s ;fwf/0f ;efdf
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cf=j= @)&$÷&% ;fnsf] 5}7f}+ jflif{s k|ltj]bg

cfb/0fLo z]o/wgL dxfg'efjHo"x¿,


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x'g' ePsf cfb/0fLo z]o/wgL dxfg'efjx?, ;xsdL{ ;~rfns ldqx?, sd{rf/Lx? tyf sDkgLsf]
lgdGq0ffnfO{ :jLsf/ u/]/ kfNg' ePsf cltly dxfg'efjx? nufot pkl:yt ;Dk"0f{ dxfg'efjx?nfO{
;~rfns ;ldlt / d]/f] JolQmut tkm{af6 ;d]t xflb{s :jfut clejfbg ub{5' . sDkgLsf] 5}7f}F jflif{s
;fwf/0f;efdf pkl:yt eP/ ;~rfns ;ldltsf] tkm{af6 jflif{s k|ltj]bg k|:t't ug{ kfpFbf dnfO{ v'zL
nfu]sf] 5 .
g]kfndf ;+:yfut nufgL ug]{ p2]Zosf ;fy u}/cfjf;Lo g]kfnLx?af6 :yflkt o; sDkgLsf
nufgLstf{x?sf] cfly{s lxtsf nflu sDkgLsf] p2]Zo cg'?k Joj;flos lqmofsnfkdf j[l4 ub}{ n}hfg'
kg]{ ePsf]n] sDkgLn] plNnlvt cfof]hgfdf dfq l;ldt g/xL pknAw k"FhLut t/ntfnfO{ b[li6ut ub}{]
hnljB't If]qsf] ;+:yfks z]o/, k|fylds z]o/ / cGo ljlQo sDkgLx?n] hf/L u/]sf] k|fylds z]o/df
;d]t nufgL u/]sf] 5 . ;fy} nfek|b cGo nufgL / k|j4{g If]qsf] vf]hL u/L sfo{If]q lj:tf/ Pjd\
b]zljsf;sf] sfo{nfO{ ;d]t lg/Gt/tf lbO{g] 5 .
eljiodf pTkGg x'g ;Sg] hf]lvd tyf r'gf}tLx¿sf] klxrfg, ljZn]if0f / d"NofÍg u/L nufgLsf] ;'/Iff
tyf clwstd k|ltkmn ;'lglZrt ug{sf nflu sDkgLn] lg/Gt/ k|of; ug]{ g} 5 . ;fy}, ;+:yfut lxtsf
nflu oxfFx?af6 k|fKt x'g] ;[hgfTds tyf af}l4s ;Nnfx, ;'emfjx?nfO{ sDkgLn] ;bfem}+ dfu{bz{gsf
?kdf lnO{ cuf8L a9\g] 5 . cf= j= @)&$÷&% sf] ;+:yfsf] jf;nft, gfkmf gf]S;fg lx;fa, gub k|jfx
ljj/0f nufot n]vfk/LIfsaf6 k]z ul/Psf] k|ltj]bg o; cl3g} cWoogsf nflu oxfFx?nfO{ pknAw u/fO{
;lsPsf]n] cg'df]bgsf nflu k|:t't ug{ rfxG5' .
;~rfns ;ldltsf] k|ltj]bg
;dLIff cjlw / rfn" cf=j= sf] oyfy{ l:yltsf] af/]df ;Dk"0f{ z]o/wgL dxfg'efjx¿sf] hfgsf/Lsf] nflu
sDkgL P]g @)^# df lglb{i6 9fFrf cg'?k b]xfo adf]lhdsf] ;~rfns ;ldltsf] k|ltj]bg k]z ul/Psf] 5 .
-s_ ljut jif{sf] sf/f]jf/sf] l;+xfjnf]sg
o; sDkgLn] :yfkgfsf] 5f]6f] cjlwd} d'n'ssf] pmhf{ ljsf;df 6]jf k'¥ofpg /fli6«o k|fyldstfsf]
hnljB't If]qdf nufgL ug]{ g]t[TjbfoL e"ldsfnfO{ lg/Gt/tf lbFb} cfPsf] s'/f ;uf}/j k|:t't ug{
rfxG5' . o; sDkgLn] /fli6«o nIo k|flKtsf nflu hnljB't If]qdf nufgL h'6fpg lg/Gt/ ¿kdf
k|of;/t 5 . o; sDkgLn] xfn;Dddf rf/ -$_ j6f hnljB't kl/of]hgfx¿df nufgL ug]{ ;'lglZrttf
u/]/ nufgL sfo{ ;d]t ;'? ul/;s]sf] Joxf]/f ;efdf cjut u/fpg rfxG5' . cfof]hgfx? cem} klg
lgdf{0fs} qmddf /x]sf]n] cfly{s sf/f]af/ vr{df g} s]lGb|t /xg] s'/f oxfFx¿df cjut} 5 . k|:t't jif{
/ ljut rf/ jif{sf] t'ngfTds cfly{s sf/f]jf/sf] cj:yf lgDgfg';f/ 5M
5
tkl;n
ljj/0f cf= j=)&)÷&! cf= j=)&!÷&@ cf= j=)&@÷&# cf=j=)&#÷)&$ cf=j=)&$÷)&%
r'Qmf k"FhL #((,()*,$)) %%!,$!@,()) %%!,$!@,()) &#%,^(*,()) &^*,$$$,&))
s'n cfo !!,!)%,%(# !!,#@),@$& ^,(@),*^$ @!,*!),^*) #*,!^),!^%
k|zf;sLo tyf cGo vr{ @,@&*,)!) @,%)*,!(( @,^)*,@!( @,^*#,^&% #,&#!,(##
x«f; vr{ !$%,%!( !&^,#() !#&,*#) !)*,()( &*,^*^
cfos/ / :yug s/ ;DaGwL @,!(%,%!^ @,!^@,%!% !,)&%,#&@ $,^&#,@!* *,#*!,*$!
Joj:yf
v'b d'gfkmf ^,$*^,%$* ^,$&#,!$# #,)((,$$# !$,#$$,*&* @%,(^&,&)%
-v_ /fli6«o tyf cGt/f{li6«o kl/l:yltaf6 k/]sf] c;/
b]zdf ljBdfg nfdf] ;do b]lvsf] /fhg}lts cj:yfnfO{ lrb}{ ;+l3otf cg';f/sf] :yfgLo ;/sf/,
k|b]z ;/sf/, ;+3Lo ;/sf/ / Joj:yflksf ;+;bx? ;d]tsf] lgjf{rg eP/ b]zn] /fhg}lts :yfloTj
tkm{ sf]N6] km]b}{ u/]sf] xfnsf] kl/lyltdf s]Gb|Lo, k|b]z / :yfgLo lgsfox?nfO{ tt\ tt\ lgsfox?sf
hgk|ltlglwx?sf] g]t[Tjn] ;jn / ;Ifd lbzflgb]{z ug]{5 eGg] cfzf /fv]sf 5f}F . o;n] b]zsf]
cf}Bf]lus jftfj/0fdfg} ;sf/fTds lbzf lnO{ b]zsf] a[xQ cfly{s ljsf;df 6]jf k'Ug] cfzf lnPsf
5f} . b]zsf] cfGtl/s pTkfbgd"ns ultljlwdf clej[l4 x'g ;s]df /f]huf/Lsf cj;/x? >[hgf eO{
nfvf} o'jfx? ljb]lzg] clxn]sf] qmd /f]lsg] 5 eGg] cfzf /fv]sf 5f}F . ;dli6df b]zsf] /fhg}lts
cy{tGq (Political Economy) n] nufgLd}qL jftj/0f lbg] / ;f] cg'?k ljb]zdf /x]sf yk u}x|
cfjf;Lo g]kfnL ;fyLx? / ljb]zLsf] nufgL g]kfn s]lGb|t /xg] b]lvG5 .
ev{/} sf7df08f}df ;DkGg rf}yf] laD:6]s -BIMSTEC_ ;Dd]ngdf ;b:o /fi6«x?df /x]sf] hnljB't
nufot cGo gjLs/0fLo pmhf{ pTkfbgsf] IfdtfnfO{ dWogh/ /fv]/ pmhf{ Jofkf/sf] ;xhLs/0fsf]
nflu cfjZos BIMSTEC Interconnection Grid sf] cWoogaf/] ;xdlt kq clGtd r/0fdf
k'u]sf] 5 . ;fy} g]kfn ;/sf/ / a+unfb]z ;/sf/ aLr pmhf{ pTkfbg / Jofkf/ ;xhLs/0f ;DaGwL
;xdltkqdf x:tfIf/ eO{;s]sf] 5 . o; cg'?k g]kfndf /x]sf] hnljB't nufot cGo gjLs/0fLo
pmhf{ kl/of]hgfn] cfkm\gf] pTkfbgsf] cGt/f{li6«o ahf/ kfpg] cfzf /fv]sf 5f}F .
sDkgLn] ;sf/fTds ;f]rsf ;fy cfˆgf] sf/f]jf/nfO{ cufl8 a9fO{ /x]sf] s'/f hfgsf/L u/fpb5fF} .
tyflk cfO{ kg]{ r'gf}tLx?af6 pTkGg x'g] hf]lvdx¿nfO{ sd ub{} clwstd nfe k|fKt ug{] cj;/x¿
vf]Hg sDkgL ;bf cu|;/ /xg] s'/f o; ;ef ;dIf hfgsf/L u/fpg rfxG5' .
-u_ k|ltj]bg tof/ ePsf] ldlt;Dd rfn' jif{sf] pknAwL / eljiodf ug'{kg{] s'/fsf] ;DaGwdf ;~rfns
;ldltsf] wf/0ff M
sDkgLn] cfˆgf] ;DklQ, bfloTj / nufgLnfO{ Jojl:yt ug]{, gofF–gofF nufgL / k|j4{gsf If]qx¿
klxrfg ug{] / sDkgL ;~rfng vr{df ldtJolotf ckgfpg] h:tf gLltnfO{ lg/Gt/tf lbFb} hnljB't
pTkfbg / cGo k"jf{wf/ ljsf;sf] If]qdf cfufdL lbgdf ;d]t nufgL a9fpFb} hfg] 5 . xfn;Dd o;
sDkgLn] lgDg pNn]lvt kl/of]hgfx?df nufgL u/]sf] 5 .
yy sDkgLn] cfˆgf] p2]Zo adf]lhd cfˆgf] r'Qmf k"FhLaf6 bf]bL{ vf]nf hnljB't cfof]hgfsf] lgdf{0f ug]{
sDkgL lxdfnog kfj/ kf6{g/ lnld6]8;Fusf] ;xsfo{df o; Pgcf/Pg OGk|mf:6Sr/ PG8 8]enkd]G6

6
lnld6]8 sDkgLsf] gfddf sfod /xg] u/L xfn;Dd ?= #*,)#,%#,())÷– cIf/]kL c¶lt; s/f]8 tLg
nfv lqkGg xhf/ gf]} ;o dfq_ k|lt z]o/ ?= !))÷– sf b/n] #*,)#,%#( lsQf z]o/ vl/b u/L pQm
sDkgLsf] ;~rfns ;ldltdf ;d]t k|ltlglwTj u/L sDkgLsf] Joj:yfkg ul//x]sf] Joxf]/f hfgsf/L
u/fpFb5' .
yy ;flgdf ldl8n tdf]/ xfO8«f]kfj/ lnld6]8åf/f k|jl4{t ;flgdf ldl8n tdf]/ xfO8«f]kfj/ k|f]h]S6 -%$
d]ufjf6 af6 &# d]ufjf6df pGgogsf] qmddf /x]sf]_ df o; sDkgLn] cfˆgf] gfddf sfod /xg] u/L
xfn ;Dd ?=%,)),)),)))÷– -cIf/]kL kfFr s/f]8 dfq_ k|ltz]o/ ? !))÷– sf b/n] %,)),)))
yfg z]o/ vl/b u/]sf] Joxf]/f hfgsf/L u/fpFb5' .
yy :j]tuFuf xfO{8«f]kfj/ P08 sG:6«S;g lnld6]8åf/f lgdf{0fflwg hnljB't cfof]hgf lnv' hnljB't
cfof]hgf -@*=! d]ufjf6_ df o; sDkgLn] cfˆgf] gfddf sfod /xg] u/L xfn ;Dd ?= &,%),)),)))÷–
-cIf/]kL ;ft s/f]8 krf; nfv dfq_ k|ltz]o/ ?= !))÷– sf b/n] &,%),))) yfg z]o/ vl/b u/]sf]
Joxf]/f hfgsf/L u/fpFb5' .
yy dflyNnf] d}n'Ë vf]nf hnljB't lnld6]8åf/f k|jl4{t dflyNnf] d}n'ª vf]nf hnljB't cfof]hgf -!$=#
d]ufjf6_ df o; sDkgLn] cfˆgf] gfddf sfod /xg] u/L xfn;Dd ?= @,@%,)),)))÷– -cIf]?kL
b'O{ s/f]8 klRr; nfv dfq_ k|ltz]o/ ? !))÷– sf b/n] @,@%,))) yfg z]o/ vl/b u/]sf] Joxf]/f
hfgsf/L u/fpFb5' .
-3_ sDkgLsf] cf}Bf]lus jf Joj;flos ;DaGw M
sDkgLn] cfˆgf] Joj;flos sfo{df s'g} sdL–sdhf]/L cfpg glbg :yfkgfsfn b]lv g} cfˆgf]
Joj;flos sf/f]jf/df ;dlk{t /xL sDkgLsf] sf/f]jf/;Fu ;DalGwt JolQm, ;+:yf, ;/sf/L lgsfo /
z]o/wgL dxfg'efjx¿;Fu kf/blz{tfsf] cfwf/df ;DaGw lj:tf/ ub}{ nu]sf] 5 .
-ª_ ;~rfns ;ldltdf ePsf] x]/km]/ / ;f]sf] sf/0f M
ut jflif{s ;fwf/0f ;efaf6 o; sDkgLsf ;~rfns ;ldltsf] lgjf{rg eP/ gofF ;~rfns ;ldlt
u7g ePsf] lyof] . ;f] lgjf{rg kZrft ;+rfns ;ldltdf s'g} x]/km]/ ePsf] 5}g .
-r_ sf/f]jf/nfO{ c;/ ug{] d'Vo s'/fx¿ M
/fi6«sf] cfly{s, ljQLo, df}lb|s gLltdf x'g] lgoldt kl/jt{g, e'sDk kl5sf] k'gM lgdf{0fn] xfn;Dd
klg ;':t ult lnPsf] sf/0fn] nufgLsf] cj;/sf] sdL tyf sf/f]jf/sf] nflu ;+s'rg tyf k|rlnt
sfg"gL Joj:yfdf ePsf em~eml6nf] Joj:yf cflb h:tf ljifox¿ sf/f]jf/nfO{ c;/ kfg]{ tTjx¿ x'g\ .
hnljB't If]qdf nufgL ug{] d'Vo nIo lnPsf] o; sDkgLn] nufgL of]Uo hnljB't cfof]hgfx¿sf]
cefj ePdf sDkgLsf] sf/f]jf/nfO{ c;/ kg{ ;Sg] b]lvG5 . ljlgdob/ kl/jt{gaf6 x'g ;Sg]
hf]lvdx¿, k"FhL ahf/df cfpg ;Sg] ptf/–r9fjaf6 x'g ;Sg] hf]lvdx¿, nufgLsf If]qx¿sf]
klxrfgdf l9nfO{, sf/f]jf/nfO{ c;/ kfg]{ hf]lvdsf] ¿kdf lng ;lsG5 . log} r'gf}tLx¿sf aLrdf
sDkgLn] cfˆgf] sf/f]jf/nfO{ cufl8 a9fpg' kl//x]sf] 5 . t/ klg o:tf r'gf}tLaf6 pTkGg x'g]
hf]lvdx¿nfO{ sd ub{} clwstd nfe k|fKt ug{] cj;/x¿ vf]Hg sDkgL ;bf cu|;/ /xg] s'/f oxfFx?
;dIf cjut u/fpg rfxG5' .

7
-5_ n]vfk/LIf0f k|ltj]bgdf s'g} s}lkmot pNn]v ePsf] eP ;f] pk/ ;+rfns ;ldltsf] k|ltlqmof M
n]vfk/LIf0f k|ltj]bgdf lgoldt sf/f]af/df b]lvPsf ;fdfGo s}lkmot, k|ltlqmof / ;'emfjx¿df
;~rfns ;ldltsf] Wofgfsif{0f ePsf] 5 / ;'wf/sf lglDt cfjZos sbd cl3 a9fO{;lsPsf] 5 .
n]vfk/LIf0f ul/Psf] ljQLo ljj/0fsf] n]vf;DalGw l6Kk0fLsf] #=# df o; sDkgLsf] z]o/wgLx?df
hf/L ul/Psf] z]o/ ;DaGwdf sDkgLn] af]gz z]o/ hf/L ubf{ s/ u0fgfdf ePsf] q'l6 / o; sDkgLdf
ePsf] nufgL /sd lkmtf{ lnP/ hfg] ;DaGwdf n]vfk/LIfssf] Wofgfsif{0f ePsf] lyof] . jf]gz z]o/
hf/L ubf{ ePsf] s/ u0fgfsf] q'l6nfO{ ;RofOg] / nufgL /sd lkmtf{ lnP/ hfgsf] nflu cfjZos
kxn eO/x]sf] oxfFx?nfO{ hfgsf/L u/fpg rfxG5' .
-h_ nfef+z afF8kmFf8sf] l;kmfl/; ul/Psf] ;DaGwdfM
sDkgLn] Aofh cfDbfgLaf6 cfh{g u/]sf] s'n gfkmfsf] /sdaf6 #=!* k|ltzt af]g; z]o/ lbg] / ;f]
ljt/0fdf nfUg] s/ k|of]hgsf] lglDt )=!^& k|ltzt gub nfef+z lbg] lg0f{o u/]sf] x'Fbf ;f] lg0f{onfO{
kfl/t u/L lbg' x'g cg'/f]w ub{5' .
-em_ z]o/ hkmt ePsf] eP hkmt ePsf] z]o/ ;ª\Vof, To:tf] z]o/sf] clª\st d"No, To:tf] z]o/ hkmt
x'g'eGbf cufj} ;f] jfkt sDkgLn] k|fKt u/]sf] hDdf /sd / To:tf] z]o/ hkmt ePkl5 ;f] z]o/ laqmL
u/L sDkgLn] k|fKt u/]sf] /sd tyf hkmt ePsf] z]o/jfkt /sd lkmtf{ u/]sf] eP ;f]sf] ljj/0f M
cf= j= @)&$÷&% df z]o/ hkmt ;DaGwL s'g} sfd sf/jfxL ePsf] 5}g .
-`_ ljut cfly{s jif{df sDkgL / o;sf] ;xfos sDkgLsf] sf/f]jf/sf] k|ult / ;f] cfly{s jif{sf] cGTodf
/x]sf] l:yltsf] k'g/fjnf]sg M
ljut cfly{s jif{;Dd o; sDkgLsf] ;xfos sDkgL /x]sf] lxdfnog kfj/ kf6{g/ lnld6]8n] k"FhL
ahf/df cfkm\gf] k|fylds z]o/ lgisfzg u/]kl5 o; sDkgLsf] ;xfos sDkgLsf] ?kdf g/x]sf]
Joxf]/f hfgsf/L u/fpg rfxG5' . o; sDkgLn]] lxdfnog kfj/ kf6{g/ lnld6]8sf] z]o/df xfn;Dd
?= #*,)#,%#,()) -c¶lt; s/f]8 tLg nfv lqkGg xhf/ gf} ;o dfq_ nufgL u/]sf] 5 h'g lxdfnog
kfj/ kf6{g/ lnld6]8sf] k"FhLsf] #%=&) k|ltzt x'G5 .
cf=j= @)&$÷&% ;Dd z]o/ k"FhL nufgLsf] hgfsf/Lsf ;DaGwdf
qm=;+= sDkgLsf] gfd / nufgLsf] Joxf]/f z]o/ ;+Vof nufgL /sd ?=
! lxdfnog kfj/ kf6{g/ ln= sf] ;+:yfks ;d"xsf] z]o/df #*,)#,%#( #*,)#,%#,())
-k|lt z]o/ ?= !))÷– sf b/n]_
@= ;flgdf ldl8n tdf]/ xfO8«f]kfj/ lnld6]8 -k|lt z]o/ ?= !))÷– b/n]_ @,%),))) @,%),)),)))
#= :j]t uFuf xfO{8«f] kfj/ P08 sG:6«S;g lnld6]8 -k|lt z]o/ ?= !))÷– b/n]_ %,)),))) %,)),)),)))
$= dflyNnf] d}n'Ë vf]nf hnljB't lnld6]8 -k|lt z]o/ ?= !))÷– b/n]_ @,@%,))) @,@%,)),)))
%= a?0f xfO8«f]kfj/ ln= sf] k|fylds z]o/df -k|lt z]o/ ?= !))÷– b/n]_ !) !,)))
^= hnljB't nufgL tyf ljsf; sDkgL ln= (HIDCL) sf] k|fylds z]o/df %^,$*) %^,$*,)))
-k|lt z]o/ ?= !))÷– b/n]_
&= g]kfn OGe]i6d]G6 a}+s ln= sf] FPO z]o/df -k|lt z]o/ ?= ^)!÷– sf b/n]_ @#,%)% !,)@,#^,@#@÷–
*= c?0f sfj]ln kfj/ lnld6]8 -k|lt z]o/ ?= !))÷– b/n]_ @(% @(,%))÷–

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qm=;+= sDkgLsf] gfd / nufgLsf] Joxf]/f z]o/ ;+Vof nufgL /sd ?=
(= g]kfn nfO{km OG:of]/]G; sDkgL lnld6]8sf] FPO z]o/df #,)() @$,*),(@%÷–
-k|ltz]o/ ?= !,$@%÷ – sf b/n]_
!)= l;glh{ kfj/ 8]enkd]G6 lnld6]8 -k|lt z]o/ ?= !))÷– b/n]_ ^!^ ^!,^))÷–
!!= o'gfO6]8 df]lb xfO{8«f] kfj/ lnld6]8 -k|lt z]o/ ?= !))÷– b/n]_ ##& ##,&))÷–

cf=j= @)&$.&% ;Dd Do"r'cn km08df nufgLsf] hgfsf/Lsf] ;DaGwdf


qm=;+= sDkgLsf] gfd / nufgLsf] Joxf]/f O{sfO ;+Vof nufgL /sd ?=
! ;flgdf Soflk6nsf] ;flgdf OlSjl6 km08 -k|lt O{sfO ?= !) sf b/n]_ $,)),))) $),)),)))÷–

-6_ sDkgL tyf To;sf] ;xfos sDkgLn] cfly{s jif{df ;DkGg u/]sf] k|d'v sf/f]jf/x¿ / ;f] cjlwdf
sDkgLsf] sf/f]jf/df cfPsf] s'g} dxTjk"0f{ kl/jt{g M
yy g]kfn ;/sf/ ljB't ljsf; ljefuaf6 ndh'Ë lhNnfl:yt bf]bL{ vf]nf hnljB't cfof]hgf -@&=)
d]=jf=_ sf] ljB't pTkfbg cg'dlt kq k|fKt u/]sf] k|j4{s sDkgL lxdfnog kfj/ kf6{g/ ln= sf]
z]o/df xfn;Dd ?= #*,)#,%#,()) -c¶lt; s/f]8 tLg nfv lqkGg xhf/ gf} ;o dfq_ cyf{t
lxdfnog kfj/ kf6{g/ ln=sf] k"FhLsf] #%=&) k|ltzt nufgL ul/Psf] 5 . ljut jif{;Dd o;
sDkgLsf] ;xfos sDkgL /x]sf] lxdfnog kfj/ kf6{g/ lnld6]8n] ljB't pTkfbgsf] cg'dlt–kq
k|fKt u/L g]kfn ljB't k|flws/0f;Fu cfof]hgfn] pTkfbg ug{] hnljB'tsf] vl/b–laqmL ;DaGwL
;Demf}tf ;d]t u/L cfof]hgfsf] ef}lts ;+/rgfx¿sf] lgdf{0f sfo{ cuf8L a9fO{/x]sf] 5 . bf]bL{
vf]nf hnljB't cfof]hgfsf] ef}lts ;+/rgfx¿sf] lgdf{0f sfo{df xfn;Dd ePsf] k|ult ;DaGwL
;+lIfKt ljj/0f o;} k|ltj]bg;fy ;+nUg ul/Psf] 5 .
yy ;flgdf ldl8n tdf]/ xfO8«f]kfj/ lnld6]8åf/f k|jl4{t ;flgdf ldl8n tdf]/ xfO8«f]kfj/ k|f]h]S6
-%$ d]ufjf6 af6 &# d]ufjf6df pGgogsf] qmddf /x]sf]_ df o; sDkgLn] cfˆgf] gfddf sfod
/xg] u/L xfn;Dd ?= %,)),)),)))÷– -cIf]?kL kfFr s/f]8 dfq_ k|ltz]o/ ? !))÷– sf b/n]
%,)),))) yfg z]o/ vl/b u/]sf] 5 .
yy :j]tuFuf xfO{8«f]kfj/ P08 sG:6«S;g lnld6]8åf/f lgdf{0fflwg lnv' hnljB't cfof]hgf -@*=!
d]ufjf6_ df o; sDkgLn] cfˆgf] gfddf sfod /xg] u/L xfn ;Dd ?= &,%),)),)))÷– -cIf]?kL
;ft s/f]8 krf; nfv dfq_ k|ltz]o/ ?= !))÷– sf b/n] &,%),))) yfg z]o/ vl/b u/]sf] 5 .
yy dflyNnf] d}n'Ë vf]nf hnljB't lnld6]8åf/f k|jl4{t dflyNnf] d}n'ª vf]nf hnljB't cfof]hgf
-!$=# d]ufjf6_ df o; sDkgLn] cfˆgf] gfddf sfod /xg] u/L xfn;Dd ?= @,@%,)),)))÷–
-cIf]?kL b'O{ s/f]8 klRr; nfv dfq_ k|ltz]o/ ? !))÷– sf b/n] @,@%,))) yfg z]o/ vl/b
u/]sf] 5 .
sDkgLn] cfly{s jif{ @)&$.&% df ;DkGg u/]sf] k|d'v cfly{s sf/f]jf/ / ;f] cjlwdf sDkgLsf]
sf/f]jf/df cfPsf] dxTjk"0f{ kl/jt{g ;+nUg jf;nft, gfkmf–gf]S;fg lx;fa / gubk|jfx ljj/0f tyf
n]vf;DaGwL l6Kk0fLn] :ki6 kfb{5 .

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-7_ ljut cfly{s jif{df sDkgLsf cfwf/e"t z]o/wgLx¿n] sDkgLnfO{ pknAw u/fPsf] hfgsf/LM
ljut cfly{s jif{df sDkgLsf cfwf/e't z]o/wgLx¿n] sDkgLnfO{ s'g} hfgsf/L pknAw u/fPsf]
5}g .
-8_ ljut cfly{s jif{df sDkgLsf] ;~rfns tyf kbflwsf/Lx¿n] lnPsf] z]o/sf] :jfldTjsf] ljj/0f /
sDkgLsf] z]o/ sf/f]jf/df lghx¿sf] ;+nUgtf /x]sf] eP ;f] ;DaGwdf lghx¿af6 sDkgLn] k|fKt u/]sf]
hfgsf/L M

cf= j= @)&$÷&% sf] cGTo;Dddf o; sDkgLsf ;~rfns tyf kbflwsf/Lx¿sf] gfddf tkl;n
adf]lhd z]o/ lsQf sfod /x]sf] 5 . lghx¿ sDkgLsf] z]o/sf] sf/f]jf/df ;+nUg /x]sf] kfOPsf] 5}g .
tk;Ln
gfd, y/ kb z]o/ ;+Vof
>L hLjgfy nfld5fg] sfo{sf/L– cWoIf :jo+ – &*,!%* lsQf
>L z]if 3n] ;~rfns – ;b:o :jo+ – %@,!)% lsQf
>L s[i0fk|;fb kf08] ;~rfns – ;b:o :jo+ – !,)$,@!) lsQf
>L /fd]Zj/ zfx ;~rfns – ;b:o :jo+ – %,@!! lsQf
>L dx]zs'df/ >]i7 ;~rfns – ;b:o :jo+ – &*,!%* lsQf
>L afns[i0f u'?Ë ;~rfns – ;b:o :jo+ – ^,@%# lsQf
-9_ ljut cfly{s jif{df sDkgL;Fu ;DalGwt ;Demf}tfx¿df s'g} ;~rfns tyf lghsf] glhssf] gft]bf/sf]
JolQmut :jfy{ af/]df pknAw u/fOsf] hfgsf/Lsf] Joxf]/f M
To; k|sf/sf] hfgsf/L pknAw gePsf] .
-0f_ sDkgLn] cfˆgf] z]o/ cfkm}+n] vl/b u/]sf] eP To;/L cfˆgf] z]o/ vl/b ug'{sf] sf/0f, To:tf] z]o/
;+Vof / c+lst d"No tyf To;/L z]o/ vl/b u/]jfkt sDkgLn] e'QmfgL u/]sf] /sd M
sDkgLn] cfˆgf] z]o/ cfkm}F vl/b u/]sf] 5}g .
-t_ cfGtl/s lgoGq0f k|0ffnL eP jf gePsf] / ePsf] eP ;f]sf] lj:t[t ljj/0f M
sDkgLsf] sf/f]jf/ tyf Joj:yfkg ;'Jojl:yt ?kdf ;~rfng ug{sf nflu ;~rfns ;ldltn]
cfGtl/s lgb{]zgx¿ hf/L u/L To;sf] sfof{Gjog u/fPsf] 5 .
sDkgLsf] ;DklQsf] hf]lvd Joj:yfkg, ljQLo tyf n]vf ;DaGwL k|lqmofx¿ / lgoGq0fx¿ ;DaGwdf
cf=j= @)&$÷)&% df :jtGq n]vfk/LIfs T.R.Upadhyay & Co., Chartered Accountants af6
cfGtl/s n]vfk/LIf0f u/fOPsf] 5 .
-y_ ljut cfly{s jif{sf] s'n Joj:yfkg vr{sf] ljj/0f M
ljut cfly{s jif{df s'n Joj:yfkg vr{ ?= #&,#!,(## -;}Flt; nfv Pslt; xhf/ gf} ;o t]lQ;
dfq_ ePsf] 5 . h;sf] ljj/0f gfkmf gf]S;fg lx;fadf pNn]v ul/Psf] 5 .
-b_ n]vfk/LIf0f ;ldltsf ;b:ox¿sf] gfdfjnL, lghx¿n] k|fKt u/]sf] kfl/>lds, eQf tyf ;'ljwf, ;f]
;ldltn] u/]sf] sfd–sf/jfxLsf] ljj/0f / ;f] ;ldltn] s'g} ;'emfj lbPsf] eP ;f]sf] ljj/0f M
k|:t't sDkgL ;'rLs[t klAns sDkgL gePsf]n] n]vfk/LIf0f ;ldltsf] cfjZostf gePsf] x'Fbf
plNnlvt ;ldlt xfn;Dd u7g ul/Psf] 5}g .
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-w_ ;~rfns, k|aGw ;~rfns, sfo{sf/L k|d'v, sDkgLsf cfwf/e"t z]o/wgL jf lghsf] glhssf] gft]bf/
jf lgh ;+nUg /x]sf] kmd{, sDkgL jf ;+ul7t ;+:yfn] sDkgLnfO{ s'g} /sd a'emfpg afFsL eP ;f] s'/f M
z]o/ jfkt z]o/wgLaf6 r'Stf x'g afFsL /sd 5}g .
-g_ ;~rfns, k|aGw ;~rfns, sfo{sf/L k|d'v tyf kbflwsf/Lx¿nfO{ e'QmfgL ul/Psf] kfl/>lds, eQf
tyf ;'ljwfsf] /sd M
;~rfns, k|aGw ;~rfns, sfo{sf/L k|d'v tyf kbflwsf/Lx¿nfO{ kfl/>lds, eQf tyf ;'ljwf
e'QmfgL ul/Psf] 5}g .
-k_ z]o/wgLn] a'lemlng afFsL /x]sf] nfef+zsf] /sd M
xfn;Dd o; sDkgLaf6 ljt/0f ul/Psf] gub nfef+z af]gz z]o/sf] s/ e'QmfgL k|of]hgsf] nflu
ljt/0f ul/Psf]n] z]o/wgLn] ;f] /sd a'lemlng afFsL 5}g .
-km_ bkmf !$! adf]lhd ;DklQ vl/b u/]sf] s'/f M
k|:t't cfly{s jif{df bkmf !$! adf]lhd ;DklQ vl/b ul/Psf] 5}g .
-a_ bkmf !&% adf]lhd ;Da4 sDkgL aLr ePsf] sf/f]jf/sf] ljj/0f M
yy g]kfn ;/sf/ ljB't ljsf; ljefuaf6 ndh'Ë lhNnfl:yt bf]bL{ vf]nf hnljB't cfof]hgf -@&=)
d]=jf=_ sf] ljB't pTkfbg cg'dlt kq k|fKt u/]sf] k|j4{s sDkgL lxdfnog kfj/ kf6{g/ ln= sf]
z]o/df o; sDkgLn] xfn;Dd ?= #*,)#,%#,()) -c¶lt; s/f]8 tLg nfv lqkGg xhf/ gf} ;o dfq_
nufgL u/]sf] 5 .
yy ;flgdf ldl8n tdf]/ xfO8«f]kfj/ lnld6]8åf/f k|jl4{t ;flgdf ldl8n tdf]/ xfO8«f]kfj/ k|f]h]S6 -%$
d]ufjf6 af6 &# d]ufjf6df pGgogsf] qmddf /x]sf]_ df o; sDkgLn] cfˆgf] gfddf sfod /xg] u/L
xfn;Dd ?= %,)),)),)))÷– -cIf/]kL kfFr s/f]8 dfq_ k|ltz]o/ ? !))÷– sf b/n] %,)),)))
yfg z]o/ vl/b u/]sf] 5 .
yy :j]tuFuf xfO{8«f]kfj/ P08 sG:6«S;g lnld6]8åf/f lgdf{0fflwg lnv' hnljB't cfof]hgf -@*=! d]ufjf6_
df o; sDkgLn] cfˆgf] gfddf sfod /xg] u/L xfn;Dd ?= &,%),)),)))÷– -cIf/]kL ;ft s/f]8
krf; nfv dfq_ k|ltz]o/ ?= !))÷– sf b/n] &,%),))) yfg z]o/ vl/b u/]sf] 5 .
yy dflyNnf] d}n'Ë vf]nf hnljB't lnld6]8åf/f k|jl4{t dflyNnf] d}n'ª vf]nf hnljB't cfof]hgf -!$=#
d]ufjf6_ df o; sDkgLn] cfˆgf] gfddf sfod /xg] u/L xfn;Dd ?= @,@%,)),)))÷– -cIf/]kL b'O{
s/f]8 klRr; nfv dfq_ k|ltz]o/ ? !))÷– sf b/n] @,@%,))) yfg z]o/ vl/b u/]sf] 5 .
-e_ P]g tyf k|rlnt sfg"g adf]lhd ;~rfns ;ldltsf] k|ltj]bgdf v'nfpg' kg{] s'/f M
;~rfns ;ldlt cfˆgf] jflif{s k|ltj]bgdf kf/bzL{ eO{ v'nfpg' kg{] ljifosf ;DaGwdf ;b}j ;r]t
/xg] 5 . To; cy{df sDkgLsf] sf/f]jf/ / cGo :ki6 kfg'{kg{] cfjZos s'/fx?nfO{ ;s];Dd cem k|i6
kfb}{ n}hfg]5 .

11
-d_ cGo cfjZos s'/fx¿ M
o; sDkgLsf] cf= j= @)&%÷)&^ sf] n]vfk/LIf0f ug{sf nflu n]vfk/LIfs T.R. Upadhya & Co.,
Chartered Accountants sf >L lty{/fh pkfWofonfO{ -d"No clej[l4 s/ ;lxt_ ?= !)),))) ÷–
-cIf/]kL Ps nfv ?k}Fof dfq_ kfl/>ldsdf lgo'QmLsf nflu l;kmfl/; u/]sf 5f}F . k|:t't l;kmfl/;
cg'df]bgsf nflu cg'/f]w 5 .
wGojfb 1fkg
sDkgLnfO{ ljleGg dfWodåf/f ;xof]u tyf dfu{bz{g k|bfg ug{] ;Dk"0f{ z]o/wgL dxfg'efjx¿, n]vfk/LIfs,
g]kfn ;/sf/sf ;DalGwt lgsfox¿, sDkgL tyf sDkgLn] nufgL u/]sf lgd{f0fflwg cfof]hgfx?nfO{
o; r/0f;Dd ;kmntfk"j{s k'¥ofpg lqmofzLn cfof]hgf tyf sDkgLsf ;a} sd{rf/Lx? nufot ;Dk"0f{
;xof]uLx¿df ;~rfns ;ldlt Pj+ d]/f] JolQmut tkm{af6 xflb{s wGojfb 1fkg ug{ rfxG5' . ;fy} cfufdL
lbgdf klg ;xof]u tyf ;'emfjx¿sf] ck]Iff ub{5' . wGojfb Û

=============================
hLjgfy nfld5fg]
sfo{sf/L cWoIf

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DORDI KHOLA HYDROPOWER PROJECT
Lamjung, Nepal

Project Progress Report

~ September 2019 ~

Himalayan Power Partner Limited


Energy Sector Research, Development & Consulting Services

PO Box : 12538, Kathmandu, Nepal


Tel: 977 1 4002801, Fax: 977-1-6217984
Email: [email protected], URL: www.hpp.com.np

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1 Introduction
Dordi Khola Hydropower Project developed by Himalayan Power Partner Ltd. (HPPL) Kathmandu,
Nepal is a Run-of-River type hydroelectric project with generating capacity of 27 MW in Lamjung.
2 Development Milestones
• Survey License Issued : 26 May 2005
• Grid Connection Agreement : 7 July 2010

IEE Approved : 4 October 2010
• Generation License Obtained : 7 July 2011
• PPA Signed : 15 June 2012
• Detailed Project Report Completed : August 2013
• Facility Agreement Signed : 7 November 2013
• Construction Works Started : April 2014
• Required Commercial Operation Date (RCOD) : 12 April 2020
A contingency plan for the evacuation of the generated power has been concluded with NEA and
accordingly transmission lines by NEA and HPPL are started.
3 Project Features
• Gross Head : 212.0 m

Design Discharge : 15.28 m3/sec

Installed Capacity : 27.0 MW

Total Annual Energy : 148.697GWh
• Total Annual Contract Energy : 142.319GWh
• Dry Season Energy : 21.367 GWh
• Wet Season Energy : 120.952 GWh
• Power Purchase Agreement (PPA) Rate :
• Dry Season Energy : 8.40/unit
• Wet Season Energy : 4.80/unit
• Water Ways
• Closed Conduit/Steel pipe (↓2.65m) : 3237 m
• Headrace Tunnel (↓3.3m) : 2662 m
• Penstock Pipe (↓2.3m) : 700 m
• Tailrace : 330 m

Powerhouse Type : Surface

Turbine Type : Francis (3x9 MW)
• Grid Connection Point : Udipur Hub/ Lamjung
• Transmission Line : 132 kV Single Circuit, 3k

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4 Progress
4.1 Financial Progress
Facility agreement to provide Term Loan of amount NPR 3,170 million, 75% of total project cost
including IDC, NPR 4,235 million, was concluded with Bank Consortium led by Prime Commercial
Bank Ltd. on 7 November 2013.
Financial progress up to July, 2019 is NPR 3,002 million (70.89%).
HPPL has completed the process of IPO after allotting equity shares worth NPR 319.625 million
(30% of equity capital NPR 1, 065 million) to general public including project effected area people
and company employees in Shrawan 2074. The public shares of HPPL have been listed in Nepal
Stock Exchange & being trading in Secondary Market.
4.2 Physical Progress
4.2.1 Infrastructure Works
■ Land acquisition
Acquisition of private land for headworks, water conductor pipe alignment, penstock pipe
alignment and power house almost completed.
■ Government Approval for tree felling and use of forest land
Approval for tree cutting and use of forest land for construction of surge shaft was granted on
April 2017. The process of tree cutting has been completed. The project already purchaged and
transferred ownership of land to the Forest Department equivalent area of forest land occupied
by the project structures. Compensation plantation shall be started soon after completion of the
construction works.
■ Construction of Access Roads & Bridge
Before awarding the major civil works of the project, infrastructure works such as construction of
access/ link roads to the project sites, construction of an RCC bridge on Dordi Khola at upstream of
the weir site was completed.

Bridge & Access Road Construction

■ Construction of Camps
Construction of camps, staff quarters and office at headworks site and the powerhouse site of the
project have completed.

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Staff quarter, Office and Guest House at Headworks site & Powerhouse Site

Surface Civil Works


The construction of civil surface works including hydro-mechanical works of the project, which
includes the construction of headworks, desilting basin, water conductor pipe, penstock pipe,
powerhouse, tailrace and switchyard and all related hydro-mechanical works, was awarded to MS
Rasuwa Construction Company Pvt. Ltd. in February 2015. Considering the necessity of smooth
interface coordination between civil and hydro-mechanical works, the HM works were included in
civil contract package. The prime contractor Rasuwa Construction Company Pvt. Ltd. has appointed
Machhapuchhre Metal and Machinery Works (3MW) as nominated subcontractor for all the hydro-
mechanical works and Machhapuchhre Engineering Pvt. Ltd. (MEPL) for civil works of penstock and
water conductor pipe alignment.

Overall View of Headworks

■ Diversion Weir, Intake and Feeder Pipe


The construction works of the diversion weir, intake and feeder pipe has already been completed.
The gate and stoplog at the undersluice structure will be installed soon after installation of hoisting
system. The stoplogs of intake have been placed in the gate groove so as to block the flood water
entering into the feeder pipe area incase flood occurs.

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Panorama view of Diversion Weir, Undersluice, Intake, Feeder Pipe

■ Desilting Basin
The construction of desilting basin structure has almost completed including embedded metallic
parts. The surplus channel shall be constructed after monsoon once the backfilling material will be
compacted. The river bank protection works along the desilting basin are going on.

Desilting Basin

■ Water Conductor Pipe & Penstock Pipe Alignment and Valve house
The civil works and mechanical works at the alignments of WCP is conducting from different
working fronts. In most of the soil alignment parts excavation has been almost completed and
pipes have been installed. The excavation work is continuing at rocky portion and planned to
install pipes after completing excavation. All together 2500m water conductor pipe and 550m
penstock pipe has been installed till the end of June 2019. Installation of remaining 750m water
conductor and 200m penstock pipes shall be completed before December 2019.

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■ Power House
The civil works of the powerhouse building is almost completed. The EOT crane has installed and
testing of panels are going on. The construction of control room is going on.

Powerhouse roofing and wall works

■ Tailrace
Due to the increased discharge in Marsyangdi River, the civil works along the tailrace canal has been
stopped. The excavation work through out the alignment length has completed and concreting of
first three panels (60m) of the tailrace channel have been completed. However, the river is partly
flowing through the excavated tailrace canal trench. The work at the tailrace channel will resume
once the Marsyangdi Discharge reduces.
4.2.2 Underground Civil Works/Tunnel
The contractor Multi Infrastructure Development (MID) Company is continuing the tunneling
works since May 2018. Despite all the adverse geologhical conditions, on 1st September 2019,
precise break through of the tunnel became possible. The total length of the tunnel is 2780.10m.
Excavation of Surge Shaft is going on.

At the moment of Break Through of the tunnel

4.2.3 Hydro-Mechanical Works


Fabrication of water conductor and penstock pipes almost completed. The fabrication of trifurcation
manifold has completed at the workshop in Pokhara and ready to dispatch. Metal parts along with
gate/stoplog frames at undersluice, Intake, desilting basin and draft tube at powerhouse has been
completed. The hoisting systems for different gates and stoplogs are dispatched from the factory
and will be delivered to site soon. The metallic bell mouth at the intake has completed along with

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concrete casing. The feeder pipe installation is at near completion stage. The intake stoplogs have
been installed. Draft tube gate leaves fabrication is completed and soon will be delivered to the
powerhouse site and installation work will start.

Trifurcation and Trashrack

4.2.4 Electro-Mechanical Works


The electro-mechanical works including supply and installation of equipment was awarded to
Voith Hydro Private Ltd. Almost all the major equipments have been delivered at site and remaining
minor equipment such as DC System, Oil Filtration Machine, Illumination System dewatering
system etc. are waiting for customs clearance at boarder. The voith team has already inspected the
equipment stored at army yard and ready to install. The EOT crane has been already installed. It is
re-scheduled to start installation from November 2019 and complete by February 2020.

Installation works of EOT Crane, Transformer inspection

4.2.5 Transmission Line/ Power Evacuation


Grid connection agreement with Nepal Electricity Authority was concluded to evacuate the
generated power in proposed Udipur Hub by 3.0 km 132 kV single circuit Transmission Line.
Construction of Udipur Hub and transmission line along the Marsyangdi Corridor by NEA is delayed
and expected to be completed by 2021. Since Udipur hub will not be ready before commissioning
of the Dordi Khola HEP, to evacuate the power generated by the project, a contingency plan has
been agreed with NEA on 6 June 2019. Power generated from Dordi HEP will be evacuated to
Middle Marsyangdi Substation through NEA transmission line under construction.

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Overall Physical Progress up to July 2019 is given in the following table:

SN Description Progress %
1 Infrastructure Works 99.00
2 Civil Works 88.90
3 Hydro-mechanical works 87.20
4 Electro-mechanical Works 74.61
5 Transmission Line 15.00
Overall physical progress 86.06
5 Environmental & Social Support
5.1 Environmental Works
■ Geo-environmental Unit
Geo-environmental unit in the project site has been already established to address environmental
mitigation works.

Bio-engineering Works Along WCP alignment

■ Mitigation Works
Bio-engineering and slope stability works are going on along water conductor/service road
alignment, powerhouse area.
5.2 Social support
Social support to local communities in the project affected areas such as construction/ improvement
of local roads, drinking water schemes, support to community schools, rural electrification etc. are
going on under this heading.

Bal Bikash Ni.Ma.Bi. School Building at Ramchowk Drinking Water Storage and Distribution Tank built
Besi built with the support of the project with the support of the project at Syaut.

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NRN Infrastructure & Development Limited- Company at a Glimpse
NRN Investment Limited (then) was incorporated as a public limited company on September 2012 by
a group of Non-Resident Nepali (NRN) under the Companies Act 2006 and also in accordance with the
provision of the “Act relating to Non-Resident Nepali 2064”. During the previous year, the name of the
company was changed to NRN Infrastructure and Development Limited as approved by the office of
company registrar on 2.2.2017.
The registered office of the company is located in Kathmandu, Nepal. The objective of the company is
to make investment in the infrastructure sectors including hydropower, thereby contributing to the
national development of Nepal.

Investments up to FY 2075-76 1. Dordi Khola Hydropower Project


(27 MW)-At a glimpse:
Invested
S. Name of Company and Investment
Amount in Developer Himalayan Power Partner Limited
N. Details
NRs.
Location Chiti, Dhodeni & Bansar VDC of
Himalayan Power Partner Limited Lamjung District
1 380,353,900
(Promoter share- per share at NRs. 100)
Installed Capacity 27 MW
Investment in share of Barun Hydropower
2 Limited 1,000 Design Discharge 15.28 m3/s
(Primary Share of NRs. 100) Survey License Issued 26th May, 2005
Investment in share of Jalabidhyut Lagani Grid Connection 7th July, 2010
3 Tatha Bikash Company Limited (Primary 5,648,000 Agreement
Share of NRs. 100)
Generation License 7th July, 2011
Investment in share of Nepal Investment Obtained
Bank Limited (FPO share of NRs. 601)
4 10,236,232 PPA Signed 15th June, 2012
Total Stock Dividend of 6,473 received in
2073-74 and 2074-75. Facility Agreement 7th November, 2013
Investment in share of Arun Kabeli Power Signed
5 Limited 29,500 Contract of Main Civil April, 2014
(Primary Share of NRs. 100) Works
Investment in share of Nepal Life Insurance Required Commercial 12 April, 2020
Company Limited Date of Operation
6 (FPO share of NRs. 1,425) 2,480,925
Dry Energy 21.367 GWh
Total Stock Dividend of 1,349 received in
2073-74 and 2074-75. Wet Energy 120.952 GWh
Investment in share of Synergy Power Average Annual Energy 142.319 GWh
7 Development Limited 61,600 Construction Works April, 2014
(Primary Share of NRs. 100) Started
Investment in share of United Modi Total Project cost NPR 4,498 Million
8 Hydropower Limited 33,700
(Primary Share of NRs. 100)
Investment in share of Sanima Middle
Tamor Hydropower Limited
9 Sanima Middle Tamor Hydropower Project 50,000,000
(54 MW)
(Promoter Share of NRs. 100)
Investment in share of Swet Ganga
Hydropower & Construction Limited
10 100,000,000
Lower Likhu Hydropower Project (28.1 MW)
(Promoter Share of NRs. 100)
Investment in share of Mathilo Mailun
Khola Jalabidhyut Limited
11 22,500,000
Lower Likhu Hydropower Project (14.3 MW)
(Promoter Share of NRs. 100)
Investment in Sanima Equity Fund
12 4,000,000 Powerhouse Area of Dordi Khola Hydropower Project
(per unit a NRs. 10)

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2. Sanima Middle Tamor Hydropower 3. Lower Likhu Hydropower Project a
Project (54 MW) (28.1) MW
Developer Sanima Middle Tamor Developer Swet Ganga Hydropower &
Hydropower Limited Construction Limited
Location Phungling, Taplejung District
Location Saipu and Bijulikot
Installed Capacity 73 MW
Installed Capacity 28.1 MW
Design Discharge 73.71 m3/s
Survey License Issued 15/11/2064 Design Discharge 29.75 m3/s
Grid Connection Agreement 25/11/2071 Survey License Issued Ashadh 4, 2065 (June 18, 2008)
Generation License 05/06/2017 - for 52 MW and
Grid Connection Chaitra 12, 2072 (March 25, 2016)
Obtained 2075/08/24 - 19 MW
Agreement
PPA Signed 26/09/2073 - 52.1 MW and
2075/08/14 - 20.9 MW Generation License Baishak 2, 2073 (April 14, 2016)
Obtained
Facility Agreement Signed 10/02/2019
Contract of Main Civil Works 12/04/2018 PPA Signed Poush 14, 2073 (Dec 29, 2016)
Required Commercial Date September 13, 2021/ July 17, Facility Agreement February 22, 2018
of Operation 2022 for additional capacity Signed
Dry Energy 46.48 GWh
Contract of Main Civil Chaitra 2074 (March 2018)
Wet Energy 263.08 GWh Works
Average Annual Energy 309.56 GWh
Required Commercial December 1, 2021
Construction Works Started Jan 18, 2019 - Commencement date Date of Operation
Total Project cost NPR 12,680 Million Dry Energy 30.94 GWh
Wet Energy 139.89 GWh
Average Annual Energy 170.84 GWh
Construction Works April, 2018
Started
Total Project cost NPR 5,595 Million

4. Mathillo Mailun Hydropower Project


(14.3 MW):
Owner's camp at simle
Developer Mathillo Mailun Khola
Jalabidhyut Ltd.
Location Uttargaya Rural Municipality
Ward no: 01
Installed Capacity 14.3 MW
Design Discharge 3.53 m3/s
Survey License Issued 10/09/2063
Grid Connection Agreement 15/05/2067
Generation License Obtained 07/12/2073
PPA Signed 23/05/2068
Powerhouse Area-Lower Likhu hydropower project-28.1 MW
Facility Agreement Signed 19/05/2074
Contract of Main Civil Works 08/11/2075
Required Commercial Date 14/09/2076 (16/03/2078,
of Operation Proposed RCOD)
Dry Energy 13.165 GWh
Wet Energy 66.504 GWh
Average Annual Energy 79.67 GWh
Construction Works Started 28/02/2076 (Contractor’
Mobilization)
Employer’s Camp at HW’s Area-Mathillo Mailun Hydropower Project Total Project cost NPR 2,500 Million

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Projects & Constructions : Glimpses

Tunnel Excavation - Middle Tamor

Progress of Koshi Corridor Transmission Line (NEA) - Middle Tamor

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Progress of Intake and Gravel Trap - Middle Tamor

Sediment Sampling at site - Mathilo Mailung HP Discharge Measurement at headworks area - Mathilo Mailung HP

132 KV Transmission line from Switchyard to connection Construction Activities At Headworks Area - Likhu HP
point of NEA at Pairebesi

Divide Wall Panel 1 - Likhu HP Construction of Powerhouse Staff Quarter - Likhu HP

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Infrastructure & Development Ltd.
Kathmandu, Nepal
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41
Infrastructure & Development Ltd.
Kathmandu, Nepal
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Infrastructure & Development Ltd.
Kathmandu, Nepal
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43
Infrastructure & Development Ltd.
Kathmandu, Nepal
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