Radhi Bidyut Company Ltd

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Radhi Bidyut Company Limited (NEPSE: RADHI) is a hydropower generation company in Nepal that develops and operates run-of-river hydroelectric projects. The company owns and operates the Radhi Small Hydropower Project, a 4.4 MW facility located on the Radhi Khola river in Lamjung District, which has been generating electricity since June 2014. The project operates on a take-or-pay basis under a 30-year Power Purchase Agreement (PPA) with Nepal Electricity Authority, with tariff rates of NPR 4 per kWh during the wet season (mid-April to mid-December) and NPR 7 per kWh during the dry season, including 3% annual escalation. The company has sizable equity commitments in Kasuwa Khola Hydropower Ltd, a subsidiary developing a 45 MW project in Sankhuwasabha District, expected to begin construction in fiscal year 2080–81. The company was incorporated on May 19, 2005, and is headquartered in Kathmandu, Nepal.

Key Facts

Operating capacity (Radhi project)

4.4 MW

River and location

Radhi Khola, Lamjung District

Commercial operation date

June 14, 2014

PPA with Nepal Electricity Authority

30-year take-or-pay, 4.4 MW, tariff NPR 4/kWh (wet), NPR 7/kWh (dry), 3% annual escalation

Annual energy generation

26.27 GWh

Subsidiary project under development

Kasuwa Khola Hydropower Ltd, 45 MW, Sankhuwasabha District, construction expected start 2080–81