Alamphu Jalabidhyut Bikas Company Secures Financial Closure with NIFRA for 10 MW Hydropower Project in Dolakha
Kathmandu, Ashad 4, 2082 BS — In a major breakthrough for Nepal’s private energy development sector, Alamphu Jalabidhyut Bikas Company Pvt. Ltd., the developer of the Mathillo Sagu Khola Small Hydropower Project (10 MW) located in Dolakha district, has successfully completed financial closure with Nepal Infrastructure Bank Limited (NIFRA) on 3rd Ashad, 2082.
This financial closure marks a significant step forward for the project, paving the way for full-scale construction of the 10-megawatt run-of-the-river facility, which is expected to contribute clean, reliable energy to Nepal’s national grid upon completion.The agreement with NIFRA comes after a rigorous due diligence process that included detailed technical appraisals and on-site inspections. With this financing in place, the project now has the necessary capital structure to move ahead with critical civil, hydro-mechanical, and electro-mechanical works in the upcoming months.
This financial closure reflects a growing trend of successful partnerships between domestic developers and national financial institutions. NIFRA’s involvement in this project reinforces its commitment to supporting Nepal’s infrastructure growth, particularly in the renewable energy sector.
The completion of this financial milestone marks the beginning of an exciting new phase for the Mathillo Sagu Khola Small Hydropower Project — a phase of accelerated construction, technical execution, and contribution toward a brighter, energy-secure future for Nepal.
