Panchakanya Mai Hydropower Ltd

Panchakanya Mai Hydropower Limited (NEPSE: PMHPL) is a Nepal-based independent power producer engaged in developing, constructing, and operating hydroelectric projects. The company generates and sells electricity to the Nepal Electricity Authority through power purchase agreements. Panchakanya Mai currently operates two run-of-the-river hydropower projects in Ilam District: the Upper Mai Hydropower Project with an installed capacity of 12 MW (9.98 MW PPA) and the Upper Mai 'C' Hydropower Project with an installed capacity of 6.1 MW (5.1 MW PPA), for a combined operating capacity of 18.1 MW. Both projects are located on the Mai Khola river system and commenced commercial operations in 2016 and 2017 respectively. The company was incorporated on 30 January 2003 as East Nepal Development Endeavour Private Limited, later renamed to Mai Valley Hydropower Private Limited, and finally to Panchakanya Mai Hydropower Limited on 21 March 2016. It is headquartered in Pulchowk, Lalitpur, Nepal.

Key Facts

Upper Mai Hydropower Project Capacity

12 MW installed (9.98 MW PPA with NEA)

Upper Mai 'C' Hydropower Project Capacity

6.1 MW installed (5.1 MW PPA with NEA)

Upper Mai Project Commercial Operation Date

June 2016 (2073-03-09 BS)

Upper Mai 'C' Project Commercial Operation Date

July 2017 (2074-04-09 BS)

Project Location

Mai Khola river, Ilam District (Sandakpur Gaunpalika)

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