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VU

Vidhyut Utpadan Company Limited

Kathmandu, Nepal

HydroGovernment
Founded 2016

About

Founded in 2016, Vidhyut Utpadan Company Limited is a government headquartered in Kathmandu, Nepal specializing in Hydro.

Vidhyut Utpadan Company Limited (VUCL) was established by the Government of Nepal on 20 November 2016 under the Companies Act 2006 AD to develop Nepal's hydropower potential in an economically efficient and sustainable manner. The company operates under a public-private partnership model to develop, build, own, and operate large-scale hydropower projects including storage, peaking run-of-river, and run-of-river hydropower schemes. The company's mission is to generate economically viable electricity from Nepal's hydro resources to ensure energy security and realize export potentials while establishing itself as a fiscally sound and profitable institution.

Headquarters

Kathmandu, Nepal

Founded

2016

Company Type

Government

Business Models

IPP

Value Chain

DevelopmentEngineeringConstructionO&MAsset Management

Projects

Dullu Malika Solar Electric Project

Phukot Karnali PROR HEP

Mugu Karnali Storage HEP

Kimathanka Arun HEP

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