Surya Kunda Hydro Electric Limited, a company established and incorporated for the development and operation of hydro and solar projects to generate and supply electricity to National grid as its prime objective. The company has successfully constructed and is commercially operating 11.0 MegaWatt, Mathilo Tadi Khola Hydroelectric Project a run off river type project in Tadi river, a tributary of Trishuli river located at Dupcheswor Rural Municipality, Nuwakot district of Bagmati Province in the central region of Nepal. The major promoter/investor behind this company is Api Power Company Limited, a leading company in Nepal’s Power Sector with Power Generation and Supply to National Grid as its core business. Api Power Company Limited has invested and has owned the 32,90,000 units shares i.e. 59% stake holding in the Company. The project features a 6-meter-high, 28-meter-long ungated diversion weir at an elevation of 1,495 meters above sea level, channeling water through a 2,420-meter-long penstock to a surface powerhouse located at 1,282 meters elevation. Equipped with two vertical-axis Pelton turbines, each rated at 5.5 MW, the plant is designed to operate with a net head of 207.16 meters and a design discharge of 6.3 m³/s, enabling an annual energy generation of approximately 61.319 GWh. The generated power will be evacuated via a 6-kilometer-long, 33 kV double-circuit transmission line to the Nepal Electricity Authority’s Samundratar substation, enhancing electricity supply to the Kathmandu region.

The total issued capital of the project is NPR 689,674,400, of which 80% (NPR 551,739,400) has already been raised through promoters. The remaining 20%, amounting to NPR 137,935,000, is being collected through an Initial Public Offering (IPO). API Power Company, a leading name in Nepal’s hydropower sector, holds a major stake of approximately 48% in the shares and has taken a leading role in the development of the UTHP. The project is constructed under the close supervision of API Power Company, ensuring technical expertise and quality assurance in its execution.