Sahas Urja Ltd.

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Sahas Urja Limited (NEPSE: SAHAS) is a hydropower development company established in 2014 that develops, constructs, and operates hydroelectric projects in Nepal. The company operates the 86 MW Solu Khola (Dudhkoshi) Hydroelectric Project, a run-of-river scheme located in Solukhumbu District. The project was commissioned and connected to the national grid in March 2023 and represents the largest privately developed hydropower project in Nepal. It generates electricity under a power purchase agreement with Nepal Electricity Authority. Sahas Urja is also developing the 341 MW Budhi Gandaki Hydroelectric Project, a peaking run-of-river project located in Gorkha District. The project, to be developed by subsidiary Times Energy Pvt. Ltd. in which Sahas Urja holds 51 percent ownership, achieved financial closure in August 2025 with Rs 52.5 billion in bank financing. Commercial operations are expected to commence by December 30, 2030. The company was founded in 2014 and is headquartered in Kathmandu, Nepal.

Key Facts

Solu Khola Capacity & Location

86 MW, Solukhumbu District (Solu Khola/Dudhkoshi River)

Solu Khola Commercial Operation Date

March 7, 2023 (trial production from February 10, 2023)

Solu Khola Power Purchase Agreement

Nepal Electricity Authority (86 MW contracted capacity)

Budhi Gandaki Capacity & Location

341 MW, Gorkha District (Chum Nubri & Dharche rural municipalities)

Budhi Gandaki Project Type

Peaking Run-of-River (PROR) with partial 5-hour daily reservoir; 6 Pelton turbines (57 MW each)

Budhi Gandaki Expected Commercial Operation Date

December 30, 2030 (developer: Times Energy Pvt. Ltd.; Sahas Urja holds 51%)