Menchhiyam Hydropower Limited
MCHLHydro Power
NPR 253.10
-6.80 (-2.62%)NPR 253.10
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Menchhiyam Hydropower Limited (NEPSE: MCHL) is an Independent Power Producer (IPP) developing and operating hydropower projects in the Koshi Province of Nepal. The company operates the 4.72 MW Upper Piluwa Khola-2 run-of-river hydroelectric project in Sankhuwasabha district, which commenced commercial operations in December 2022. The project utilizes the Piluwa Khola, a tributary of the Arun River, and operates under a Power Purchase Agreement (PPA) with the Nepal Electricity Authority (NEA) signed on August 28, 2015, for a 30-year period. The company is also developing the Upper Piluwa-1 Hydroelectric Project with an installed capacity of 7.70 MW in the same district. Both projects are run-of-river schemes designed to generate clean electricity with minimal environmental impact. Menchhiyam Hydropower was incorporated on November 8, 2017 as a private limited company and converted to a public limited company on July 15, 2021, with its shares listed on the Nepal Stock Exchange on June 15, 2023. The company is headquartered in Kathmandu, Nepal.
Profile updated 4 Oct 2026