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Remit Hydro Limited
New Baneshwor, Kathmandu-31
Utilities and Infrastructure
Office Info
Address New Baneshwor, Kathmandu-31
Procurement Email procurement@remithydro.org.np

Founded in 2014 by HIDCL, RHL is a strategic subsidiary tasked with overseeing the flagship Project: Ghunsa Khola Hydroelectric Project. Our mission goes beyond energy generation; it aims to leverage remittance funds, involving migrant workers as stakeholders in national development. This innovative approach aligns with the government's strategy to democratize hydroelectric investment, empowering the diaspora and contributing to national GDP growth.

 

GKHEP, a focal point in Nepal's energy landscape, gained recognition in the "Janatako Jalawidhyut Karyakram," emphasizing its significance in national energy goals. Originally structured with 51% equity of HIDCL, a strategic MoU recalibrated RHL's shareholding. HIDCL's equity stands at 15%, with NEA holding 21% and VUCL with 15%, collectively forming a strong 51% equity stake in the company.

 


 

Vision

Ghunsa Khola HEP envisions aligning with the national goals set forth in the "Janatako Jalwidyut Karyakram" and the White Paper by MoEWRI, striving to contribute 100% clean and sustainable energy to the nation. At the core of our vision is a commitment to environmental consciousness and community impact. We pioneer an innovative approach by channeling remittance funds into hydropower development, offering migrant workers a unique stake in our sustainable energy future while supporting the broader national agenda for remittance-based initiatives as envisioned in the "Janatako Jalawidhyut Karyakram”.

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