Apex Makalu Hydropower Limited is a hydropower development company having the distinction setting up of its hydropower project namely Mid Hongu Khola 'A' having installed capacity of 22 MW. The company was incorporated on B.S. 2073/07/09 pursuant to Companies Act, 2006.

The main objective of the company is to generate hydropower electricity through optimal use of water resources, which ultimately fulfills the demand of electricity of the country. The project is located in Mahakulung VDC of Solukhumbu disrict of Nepal. It is financed with 25% Equity and 75% credit. Amongst the 25% Equity, Synergy Power Development Limited holds 40% of the Equity portion. The project is financed by Sanima Bank Ltd. as the Lead Bank, Nepal Credit & Commerce (NCC) Bank Ltd. as the Co-lead Bank and Kumari Bank Ltd. as Participating Bank.