Suryakunda Hydro Electric Limited

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Suryakunda Hydro Electric Limited (NEPSE: SKHEL) is a Nepal-based hydroelectric power generation company that develops and operates run-of-river hydropower projects to supply electricity to the national grid. The company's primary asset is the Mathilo Tadi Khola Hydroelectric Project, an 11 megawatt run-of-river facility located on the Tadi River, a tributary of the Trishuli River, in Dupcheswor Rural Municipality, Nuwakot District, Bagmati Province. The project commenced commercial operation on July 28, 2025, and is equipped with two 5.5 MW vertical-axis Pelton turbines that generate approximately 61.319 gigawatt-hours of electricity annually. The project operates under a Power Purchase Agreement with Nepal Electricity Authority, signed on March 16, 2012, with tariff rates of Rs 4.80 per kilowatt-hour during the wet season and Rs 8.40 per kilowatt-hour during the dry season, subject to 3% annual escalation. The company was originally incorporated as a private limited company and was converted to a public limited company on July 6, 2023. It is headquartered in Kathmandu, Nepal.

Key Facts

Installed capacity

11 MW (run-of-river)

Annual energy generation

61.319 GWh

Location

Tadi Khola (tributary of Trishuli), Dupcheswor Rural Municipality, Nuwakot District, Bagmati Province

Commercial Operation Date (COD)

July 28, 2025

PPA with Nepal Electricity Authority

Signed March 16, 2012; Tariff: Rs 4.80/kWh (wet season), Rs 8.40/kWh (dry season) with 3% annual escalation

Project type

Run-of-river with two 5.5 MW vertical-axis Pelton turbines; net head 207.16 m