Api Power Company Ltd.

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Api Power Company Limited (NEPSE: API) is an Independent Power Producer (IPP) and hydropower developer in Nepal, operating three run-of-river hydroelectric projects in Darchula District, Sudurpaschim Province. The company generates electricity for supply to Nepal's national grid through power purchase agreements with Nepal Electricity Authority (NEA). Api Power's operational projects include: Nau Gad Khola Hydroelectric Project (8.5 MW, commercial operation since May 2015), Upper Naugad Hydroelectric Project (8 MW, commercial operation since July 2019), and Mathillo Chameliya Hydroelectric Project (40 MW, commercial operation since August 2023). These three plants generate approximately 56.5 MW of combined installed capacity. Beyond hydroelectric operations, Api Power Company holds strategic investments in subsidiary companies across the energy and real estate sectors. The company was incorporated on June 19, 2003, and converted into a public limited company on July 21, 2013. Api Power Company Limited is headquartered in Kathmandu, Nepal.

Key Facts

Installed Capacity (Total)

56.5 MW across three operational projects

Mathillo Chameliya Project

40 MW, Chameliya River, Darchula District; COD August 13, 2023; PPA with NEA

Upper Naugad Project

8 MW, Darchula District; COD July 2019

Nau Gad Khola Project

8.5 MW, Darchula District; COD May 2015

Power Purchase

All projects supply electricity to Nepal Electricity Authority (NEA) under long-term PPAs