Karnali Jalashrot Limited, abbreviated as KARJAL, has been established in 2012 as a mass-based public limited company, under Company Act, 2063, to safeguard, utilize and develop water resources of the country for the maximum benefits of Nepal and her people.

The company was established by over 200 promoters from over 40 different districts of Nepal, making it a truly pan-Nepal initiative supported by Karnali Basin Conservation Society (Karbacos).