Super Madi Hydropower Limited

Super Madi Hydropower Limited (NEPSE: SMHL) is a run-of-river hydropower company operating a 44 megawatt (MW) hydroelectric project on the Madi River in Kaski District, Gandaki Province, Nepal, approximately 23 kilometers northeast of Pokhara. The project features three generating units with a combined installed capacity of 44 MW. The project produces approximately 242.65 gigawatt-hours (GWh) of electricity annually, comprising 204.89 GWh in wet season and 37.76 GWh in dry season. Super Madi Hydropower signed a 30-year power purchase agreement with Nepal Electricity Authority in February 2017, with tariff rates of Rs 8.40 per kWh during the dry season and Rs 4.80 per kWh during the wet season, plus 3 percent annual escalation. The company obtained its Generation License on March 30, 2017, for 35 years and began test production in March 2023. The company was incorporated on January 16, 2009, and is headquartered in Lalitpur, Nepal.

Key Facts

Installed Capacity

44 MW (three generating units on Madi River, Kaski District)

Annual Energy Generation

242.65 GWh (wet season: 204.89 GWh, dry season: 37.76 GWh)

Power Purchase Agreement

Rs 8.40/kWh (dry season: mid-December to mid-April), Rs 4.80/kWh (wet season: mid-April to mid-December), 30-year term from March 2023 COD, 3% annual escalation

Generation License

35 years (issued March 30, 2017)

Commercial Operation Date

Test production started March 2023, commercial operation August 16, 2023

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