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 Limited (MHL) to Convene its AGM on Poush 30.
MHL will be convening its Annual General Meeting on Poush 30, 2079. The meeting will be convened in Anupam Foodland, Battisputali at 11:00 AM.
The main agendas of the meeting are:
- Endorsement of financial reports for the fiscal year 2078/79.
- Endorsement of annual reports presented by the Chairman.
- Discuss to decide to endorse 5% of the paid-up capital (including tax) as cash dividend from the distributable profits of 2078/79 to the shareholders
- Regarding the election of 7 member directors including 4 from Promoter group, 2 from general group and 1 independent director.
The book closure date is announced to be Poush 21.
Thus, investors maintained till that day are entitled to the dividend payout and can attend the AGM.
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.
First Quarter Report 2079-2080
Unaudited Financial Report 2079
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.