Rastriya Banijya Bank to Finance 4.6 MW Super Machha Khola Hydropower Project in Gorkha

The 4.6 MW Super Machha Khola Hydropower Project is set for construction in Laprak, Gorkha, with financial backing from Rastriya Banijya Bank Ltd. (RBBL). A loan agreement was signed between Budhigandaki Hydropower Pvt. Ltd. and RBBL, securing Rs. 674.68 million in funding, with the total project cost estimated at Rs. 963.83 million.

The plant will generate 27.379 GW annually and is expected to be completed within 18 months. The project has a Power Purchase Agreement with Nepal Electricity Authority and will connect to the Salyantar Substation. Budhigandaki Hydropower plans to go public within six months and launch an IPO soon. The company is also preparing for a 22 MW Jaldi Khola Hydropower Project.