Singati Hydro Energy Limited

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Singati Hydro Energy Limited (NEPSE: SHEL) is a hydroelectric power generation company operating in Nepal's renewable energy sector. The company owns and operates the 25 MW Singati Khola Hydropower Project, a run-of-river facility located in Laduk, Dolakha district, which achieved commercial operation on July 16, 2021. SHEL generates electricity through a Power Purchase Agreement (PPA) with Nepal Electricity Authority (NEA), initially signed in November 2013 for 16 MW capacity and amended in December 2017 to cover the full 25 MW. The company also holds PPAs for development-stage projects including Sabha Khola B (21.5 MW, PPA July 2017), Sabha Khola C (6.2 MW, PPA March 2019), Landruk Modi Hydroelectric Project (86.59 MW, PPA July 2018), and Nar Khola (61.11 MW) in Manang district. The company was incorporated on May 19, 2010, initially as a private limited company and converted to public limited status on June 20, 2018. It was listed on NEPSE on April 27, 2021, and is headquartered in Kathmandu, Nepal.

Key Facts

Operating Capacity

25 MW (Singati Khola, Laduk, Dolakha district; commercial operation July 16, 2021)

Technology Type

Run-of-river hydroelectric facility (no large reservoir storage)

Contracted Energy Delivery

132.61 Million Units (MU) annually at 60.55% plant load factor

Primary Power Purchase Agreement (NEA)

Signed November 13, 2013 (16 MW); amended December 14, 2017 (full 25 MW)

Development-Stage Projects

Sabha Khola B (21.5 MW, PPA July 10, 2017), Sabha Khola C (6.2 MW, PPA March 24, 2019), Landruk Modi (86.59 MW, PPA July 29, 2018), Nar Khola (61.11 MW, Manang)

FY24 Performance

Total operating income Rs. 643 Million; plant load factor 87% (slightly lower due to dry hydrology)