A flagship initiative by North Summit Hydro Limited, harnessing the pristine waters of the Himalayas for a sustainable tomorrow.
21.4 MW
Installed capacity
Rated plant output
129.14 GWh/yr
Annual generation
Clean electricity supply
690 m
Gross head
High-head run-of-river design
North Summit Hydro Limited is developing the Nyadi-Phidi Hydropower Project with a clear operating principle: understand the terrain deeply, build responsibly, and turn that insight into reliable renewable energy for Nepal.
A focused hydropower developer, active since 2016
Live project contextNorth Summit Hydro Limited was established to move promising Nepali hydropower sites from concept to bankable, buildable infrastructure. Our flagship effort in Lamjung is shaped by field conditions, engineering discipline, and a practical understanding of how projects perform on the ground.
The Nyadi-Phidi Hydropower Project combines technical preparation, financial coordination, and community-aware execution. The result is a cleaner energy story that feels specific to the site instead of generic to the sector.
Project intent
Reliable renewable generation with disciplined delivery.
Delivery lens
Terrain-aware planning, environmental care, and accountable execution.
Project Location
Lamjung District, Nepal
Positioned in Marsyangdi Gaupalika, the site benefits from strong geographic identity and clear hydropower relevance.
Scheme Type
Run-of-River Hydropower
Designed to convert flowing water into dependable energy while avoiding the footprint of large storage-based development.
Every design decision is tied to site realities, constructability, and long-term plant performance.
Investors, lenders, regulators, and communities get a clearer view of progress and project direction.
The run-of-river approach is built to generate renewable power with a lighter environmental footprint.
Execution is shaped around jobs, access improvements, and durable benefits for nearby communities.
Nyadi-Phidi Run-of-River Hydropower Project technical parameters and specifications.
megawatts
formula
meters
formula
meters
formula
cubic meters/sec
formula
Hydraulic path, key equipment, and principal dimensions
Boulder Lined Weir
Diversion, intake & settling
2,020 m
Inverted D-shaped • 2.2 m × 2.5 m
25 m
Simple cylindrical • Ø 4.5 m
1,490 m
Steel • Ø 1.2 m (before bifurcation)
Surface
28.85 m × 19.50 m × 14.65 m
132 kV
19 km • BEAR conductor • Tarikuna NEA Hub
Diversion, intake & settling
Boulder Lined Weir
Inverted D-shaped • 2.2 m × 2.5 m
2,020 m
Simple cylindrical • Ø 4.5 m
25 m
Steel • Ø 1.2 m (before bifurcation)
1,490 m
28.85 m × 19.50 m × 14.65 m
Surface
19 km • BEAR conductor • Tarikuna NEA Hub
132 kV
Total Elevation Drop
690.10m
Project Coordinates
28°24'27"–28°26'12"N
84°30'10"–84°31'43"E
The Nyadi Phidi Hydropower Project is structured with a balanced and bankable financial model, combining strong sponsor equity with consortium-backed project financing.
NRs. 415.7 Crore
Including Interest During Construction (IDC)
This comprehensive project cost covers civil works, electro-mechanical equipment, transmission infrastructure, financing costs during construction, and contingencies.
Fully funded through to commissioning
Debt–equity ratio optimized for healthy leverage and returns.
75:25
Debt–Equity Ratio
Reduced funding risk through a diversified lending pool.
Healthy leverage (75:25) ensures investor confidence.
EPC + transmission infrastructure fully covered, no capital gaps.
Extensive verification already completed by commercial banks.
Nyadi Phidi represents a financially credible infrastructure asset with predictable long-term revenue, supported by Nepal's growing electricity demand and grid expansion.
Industry veterans steering North Summit Hydro towards Nepal's sustainable energy future.
Chairman
20+ years in Business Development
Managing Director
25+ years in Hydropower Projects
Director
25+ years in Finance Management
Director
15+ years in Hydropower Development
Director
25+ years in Construction Management
Director
20+ years in Electro-mechanical works
Director
30+ years in Environmental Studies
Resident engineers, geologists, and administrative leads delivering the Nyadi Phidi hydropower project on site.
Company Secretary/Admin. Officer
10+ years in Administration & Accounts Management
Resident Engineer
12+ years in Water Resources & Hydropower
Project Engineer
10+ years in Hydropower Civil Works
Geologist
Engineering geology, geotechnical investigation & tunnel logging at Nyadi Phidi HPP
HRT & Headworks Engineer
5 years in Project Planning, Supervision & Hydropower Engineering
A clearer view of how the Nyadi-Phidi project progressed, what was achieved, and what comes next.
16 milestones · 2016–2027
2016
1 event
North Summit Hydro Limited established to develop the Nyadi-Phidi Hydropower Project.
2018
4 events
Comprehensive survey and feasibility studies initiated for the project site in Lamjung district.
Initial Environmental Examination approved for the project.
Power Purchase Agreement signed for the project with Nepal Electricity Authority.
Detailed feasibility study completed by JV of Nirvana Tech P. Ltd and Energy Resources Solution P. Ltd.
2019
1 event
Due diligence study completed by Iteco Nepal P. Ltd.
2020
2 events
Department of Electricity Development grants generation license for the 21.4 MW project.
Credit facilities agreement secured with Machhapuchhre Bank for project financing.
2020–2021
1 event
COVID-19 pandemic triggers nationwide lockdowns, supply chain disruptions, and restricted site access, significantly delaying project progress.
2022
1 event
Ground-breaking and civil works initiated for intake structures and headrace tunnel.
2024
3 events
Detailed engineering design being carried out by JV of Hydro Consult Engineering Ltd and Innovative Engineering Services P. Ltd.
North Summit Hydro Limited successfully concludes the Civil Contract Agreement of Nyadi Phidi HPP 21.4 MW with KALIKA-SAI-KARNA JV.
Prequalification and contracting underway for transmission line connectivity to national grid.
2025
1 event
North Summit Hydro Limited successfully concludes the Hydro-Mechanical Contract Agreement of Nyadi Phidi HPP 21.4 MW with Machhapuchhre Metal & Machinery Works Pvt Ltd.
2026
1 event
Major milestone achieved: Contract agreement for electromechanical works (2 x 10.7 MW + 10% COL) signed with Flovel Energy PVT LTD.
2026–2027
1 event
Agreement signed with Machhapuchchhre Capital for IPO issue. Project moving towards commercial operation and national grid synchronization.
Stay informed with our latest construction progress, financial updates, and operational milestones, published monthly for all stakeholders.
Monthly Report
Corporate updates, shareholder notices, and project milestones, all in one place.
Notice for the 10th Annual General Meeting of North Summit Hydro Limited shareholders on Sunday, 31 May 2026 at 10:30 AM at Basera Boutique Hotel, Babarmahal, Kathmandu. The agenda includes approval of the annual report and audited financial statements for FY 2081/082, appointment of auditors for FY 2082/083, and resolutions on strategic investment including acquisition of majority shares in Taleju Power Pvt. Ltd. (Middle Nyadi Project) alongside Nyadi Phidi HPP.
Earlier
A landmark agreement for the supply and installation of electromechanical works (2 x 10.7 MW + 10% continuous overload) has been signed with Flovel Energy PVT LTD. This moves the project decisively from civil construction into its power-generation phase.
View on project timelineNotice regarding the directors election schedule for North Summit Hydro Limited shareholders, to be conducted at the 9th Annual General Meeting. Eligible shareholders are encouraged to participate in the democratic governance of the company.
Notice for the 9th Annual General Meeting of North Summit Hydro Limited shareholders. The agenda includes review of annual financial statements, appointment of auditors, and project progress update.
North Summit Hydro Limited has successfully concluded the Hydro-Mechanical Contract Agreement of Nyadi Phidi HPP 21.4 MW with Machhapuchhre Metal & Machinery Works Pvt Ltd.
View on project timelineNorth Summit Hydro Limited has successfully concluded the Civil Contract Agreement of Nyadi Phidi HPP 21.4 MW with KALIKA-SAI-KARNA JV, marking the formal commencement of major civil construction works.
View on project timelineNorth Summit Hydro Limited has signed an agreement with Machhapuchchhre Capital for managing the company's Initial Public Offering (IPO), paving the way for public investment in Nepal's clean energy future.
View on project timelineThe Nyadi-Phidi project delivers lasting benefits to local communities in Lamjung and contributes to Nepal's sustainable development through local empowerment and environmental care.
129.14 GWh/year
Annual clean electricity generation contributing to Nepal's renewable energy goals and reducing dependence on fossil fuels.
500+ jobs created
Direct and indirect employment opportunities for local communities in Lamjung district during construction and operation phases.
RoR design
Run-of-River design minimizes environmental impact with no large reservoir, preserving river ecosystems and fish migration.
Regional connectivity
Improved road access and transmission infrastructure benefiting remote communities in Marsyangdi Gaupalika.
Alongside construction, North Summit Hydro funds a standing Community Support Programme in the project-affected area — clubs, women's groups, schools, roads, a public park, and the local police station.
As of F/Y 2082/83
5 programmes
Active in F/Y 2082/83
2 villages
Naiche and Thulibesi served
2 schools
Teachers supported since Poush 2077
50% of budget
Committed to Dovanchaur–Thulibesi–Naiche road
5 of 5 programmes
6
Community groups
As of
F/Y 2082/83
Location
Naiche & Thulibesi
Registered youth clubs and sports clubs in the project-affected area have received the Company's support to organise annual anniversary programmes, while Ama Samuha groups have been assisted with the construction of an Ama Samuha Building in Naiche Village. The Company has also contributed to ground construction and the installation of street lighting at Thulibesi, and to the organisation of local Mahotsav (festivals).
Outcomes
2
Schools supported
As of
Since Poush 2077
Location
Naiche & Thulibesi
Since Poush 2077, the Company has supported the salary of one primary teacher at Shree Nayajyoti Primary School, Naiche Village, and has provided supplementary allowances to a teacher at Shree Jateshwor Basic School, Thulibesi. This support has helped ensure continuity of quality education in the project area.
Outcomes
Of the programme budget
50%
Committed by the Company
Outside this programme
Ongoing
Covers
Village & agricultural roads
Reporting period
Ongoing
New village and agricultural roads have been constructed with the Company's support, alongside maintenance of existing roads through graveling, drainage improvement, pothole repair, and dust control using a water tank arrangement. These efforts have improved connectivity and access within the local jurisdiction.
Agreement with Marsyangdi Rural Municipality
The Company will invest 50% of the Community Support Programme budget toward maintenance of the Dovanchaur–Thulibesi–Naiche road.
Outcomes
1
Public park
As of
F/Y 2082/83
Location
Bahundanda
In Bahundanda, Marsyangdi Rural Municipality, the Company has supported the development of the Rastra Kabi Madhav Ghimire Park, contributing to public recreation and improved environmental quality in the area.
Outcomes
1
Local station
As of
F/Y 2082/83
Location
Local police station
Vehicle maintenance support has been provided by the Company to the local police station, contributing to the smooth functioning of local law enforcement.
Outcomes
Relationship to the project
What is spent here sits alongside the project's construction and environmental obligations — it is the Company's local presence, kept on the record.
Programme activity is reported through the same channel as construction and financial updates, and the road-maintenance commitment with Marsyangdi Rural Municipality runs alongside the monthly reporting cycle.
