LICENSES & AGREEMENTS
PROJECT LICENSE & AGREEMENT
Government of Nepal (GoN) has issued a fifty (50) years Project License that gives HPL the right of uninterrupted flow of the water of the Khimti River to the Project. At the end of the fifty years period of the Project License, HPL shall transfer the Project free of charge to GoN. The Government of Nepal and Himal Power Limited entered into a Project Agreement concerning Khimti I Hydropower Project on January 15, 1996 (Magh 01 2052)
May 18, 2010Assets Handover by HPL to KREC
On March 24th the Norwegian Ambassador to Nepal, Mr. Thor Gislesen, handed over a 635 kW mini-hydro power plant from Himal Power Limited (in which SN Power is the majority owner) to the Khimti Rural Electric Cooperative (KREC).
The mini-hydro plant, located in the Dol...