IPO Allotment of Mandakini Hydropower Company Limited Concludes

Mandakini Hydropower Company Closing IPO Shares

Mandakini Hydropower Company Issuing 11,76,073 Shares To the General Public

Announcement Notice for Public


Established with a mission to develop, own and operate hydroelectric project in Nepal Mandakini Hydropower Pvt. Ltd. is an Independent Power Producers Association Nepal (IPP) of Nepal, owns the Sardi Khola Hydropower Station.
It is a run-of-river hydroelectric plant located in the Kaski District of Nepal.
The flow from the Sardi River is used to generate 4 MW of electricity.
The plant started generating electricity from 2074-08-23 BS.
The generation license will expire in 2105-03-12 BS, after which the plant will be handed over to the government.
The power station is connected to the national grid and the electricity is sold to Nepal Electricity Authority.


Mandakini Hydropower Company Limited (MAHCL) has extended its deadline for its IPO issue of 5,88,037 units shares for the project-affected locals of Kaski district till 22nd Ashad.

About Us

Mandakini Hydropower Limited is a limited company registered under the Company Act 2063.


IPO Proposals of Mandakini Hydropower Finally Approved by SEBON. The Securities Exchange Board of Nepal (SEBON) has approved the proposed IPO issue of Mandakini Hydropower Company Limited (MAHCL) on Jestha 18, 2079.

Vision, Mission, Objectives

Brighten the nation by maximum utilization of water resources and bring prosperity to people through hydropower development.


- Mandakini Hydropower Company Limited merged with Exceling Investment Ltd. & Nepal Gorkha Resources.
- Mandakini Hydropower to convene AGM on Ashoj 19; Discussions to acquire Excelling Investment
- Mandakini Hydropower Company Limited has announced its 4th and 5th AGM going to be held on 19th Ashwin, 2075.


AGM of Mandakini Hydropower Limited.
- Virtual AGM Notice 2078
- 4th & 5th AGM of Mandakini Hydropower Company Limited.