NRN Infrastructure and Development Limited

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NRN Infrastructure and Development Limited (NEPSE: NRN) is a public investment company founded in 2012 by 795 Non-Resident Nepalis (NRNs) and listed on the Nepal Stock Exchange in 2020. The company invests across multiple infrastructure and financial sectors to contribute to Nepal's economic development. The company's primary portfolio comprises hydropower projects with a total commissioned capacity of approximately 217.3 MW. Key projects include the 73 MW Sanima Middle Tamor (operational since April 2024), the 28.1 MW Swet Ganga project, and the 27 MW Himalayan Power Partner project. NRN also operates projects under construction, including the 21.3 MW Samyukta Urja (Thulo Khola) project in Myagdi District. Beyond hydropower, NRN holds substantial equity interests in banking and microfinance institutions including Kumari Bank, Prabhu Bank, Nerude Finance, National Microfinance Bank, and Mero Microfinance. The company also maintains investments in the hotel sector. The company was founded in 2012 and is headquartered in Kamaladi, Kathmandu, Nepal.

Key Facts

Commissioned Hydropower Capacity

217.3 MW across 7 operational and development projects

Largest Operational Project

Sanima Middle Tamor (73 MW, Taplejung; operational April 2024)

Banking and Microfinance Holdings

Kumari Bank, Prabhu Bank, Nerude Finance, National Microfinance Bank, Mero Microfinance

Founded By

795 Non-Resident Nepalis (NRNs)

Listed on NEPSE

August 25, 2020; 17,981,212 listed shares (100% public)