Chilime Hydropower Company Limited (Chilime) was incorporated in 1995 with an objective of hydroelectricity generation through optimal utilization of resources within the country. Nepal Electricity Authority (NEA) holds majority ownership with 51% share holding. Remaining 49% shareholding is from general public including 10% equity ownership of local people. Chilime owns and operates 22.1 MW power plant commissioned on August 25, 2003 and located in Rasuwa district, 133 km north of capital city Kathmandu. It sales bulk electricity to NEA at the long term PPA price. The annual energy generation from the plant is about 150 GWh.
Chilime has established following three subsidiaries:
1. Rasuwagadhi Hydropower Company Limited.
2. Madhya Bhotekoshi Jalavidhyut Company Limited.
3. Sanjen Jalavidhyut Company Limited.
4. Chilime Engineering and Services Company Limited. Chilime, through its three subsidiaries, is developing four hydropower projects with aggregate capacity of 270.3 MW.
"To be the largest public hydropower company in Nepal."
MISSION
1. To harness hydropower potential of the country for the benefit of the people at large by optimally utilizing the untapped resources and creating synergy with the private sector.
2. To ensure attractive and sustainable long term return to our shareholders through prudent and sound investment.
3. To create a competitive working environment with long term career prospects to our employees whereby they will nurture a culture to learn, grow and put their best effort to the growth of the company.
4. To maximize the public participation and empower them to have better living, and
5. To make the communities in which we live, work and serve, better places to be.
Public Focus:
We strive to maximize the involvement of public as shareholders ensuring them attractive and sustainable return.
Management Excellence:
We are committed to ensure management excellence through innovation and adoption of the best practices both in execution and operation of the projects to maximize the efficiency and quality of the service.
Human Resource
We are committed to provide our employees opportunities to learn and grow to achieve their full potential.
Corporate Governance:
We believe in being accountable, conducting business ethically and transparently.
Corporate Social Responsibility:
We are committed to take social initiatives for the development of local areas in particular and the nation in general.
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