Synergy Power Development Ltd.

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Synergy Power Development Limited (NEPSE: SPDL) is a hydroelectric power generation and development company operating in Nepal. The company develops, constructs, operates, and maintains run-of-river hydropower projects to generate electricity for the national grid. Its primary operating asset is the Siprin Khola Hydroelectric Plant, a 10 MW run-of-river facility commissioned in 2013 on the Sipring River in Dolakha District. The company derives revenue from the sale of electricity through power purchase agreements with Nepal Electricity Authority. In 2025, Synergy Power Development announced strategic investments totaling Rs. 25 crore in two additional hydropower projects under development: Mid Hongu Khola A (22 MW) and Mid Hongu Khola B (22.9 MW), positioning the company to expand its renewable energy portfolio across Nepal's hydropower sector. The company was incorporated in 2006 and is headquartered in Kathmandu, Nepal.

Key Facts

Siprin Khola Operating Capacity

10 MW, run-of-river, Sipring River, Dolakha District

Siprin Khola Commercial Operation Date

January 16, 2013 (2069-10-03 BS)

Siprin Khola Technical Specifications

2 x 5 MW Pelton turbines, 443.7 m design head, 2.61 m³/s design discharge

Mid Hongu Khola A Investment

22 MW project, SPDL holds 40% equity stake, investment announced 2025

Mid Hongu Khola B Investment

22.9 MW project in Solukhumbu District, SPDL invested Rs. 14 crore for shareholding