Tenx

Enhancing Nepal’s energy security by helping to utilize its renewable
hydro resources and reduce imports of electricity

About Company

TenX Hydropower plays a predominant role in Nepal's electricity system.

Established on March 5, 2006, by a team of visionary engineers and management professionals (Registration No.38645/062/063), TenX Hydropower Holding Limited (previously known as Rising Hydropower Company Private Limited. (RHPL)) is a pioneering force in Nepal’s renewable energy sector. We specialize in developing, operating, and expanding sustainable hydropower projects that advance Nepal’s energy independence. Our flagship Selang Khola Hydropower Project (990 KW)—operational in Jugal Rural Municipality, Sindhupalchok—delivers 6.77 GWh of clean energy annually to Nepal’s national grid under a long-term Power Purchase Agreement (PPA) with the Nepal Electricity Authority (NEA). TenX Hydropower Holding Limited combines technical expertise with financial viability to empower communities, industries, and investors while reducing reliance on imported energy.

6.77 GWh

Annual Energy Output

990 kW

Installed Capacity

To lead Nepal’s transition to energy independence by becoming the most trusted provider of sustainable hydropower solutions, driving economic growth and environmental stewardship.

  • Efficient Energy Production: Utilize state-of-the-art infrastructure to maximize hydropower output and operational reliability.
  • Sustainable Development: Support Nepal’s national electrification goals while prioritizing ecological balance.
  • Stakeholder Value: Deliver long-term returns for investors, foster community partnerships, and promote industrial growth through clean energy access.
  • Growth and Investment: Expand hydro holdings and provide structured investment opportunities for stakeholders.
  1. Expand Capacity: Develop new hydropower projects to increase Nepal’s renewable energy portfolio.
  2. Financial Sustainability: Maintain robust financial metrics, including a 16.91% IRR and 1.70x Debt Service Coverage Ratio, to ensure investor confidence.
  3. Grid Reliability: Strengthen Nepal’s energy security by supplying consistent electricity through PPAs with NEA.
  4. Community Upliftment: Create local employment opportunities and infrastructure development in project areas.
  5. Innovation: Integrate advanced technologies to enhance efficiency and minimize environmental impact.
  1. Sustainability: Prioritize eco-friendly practices in all projects to protect Nepal’s natural resources.
  2. Efficiency: Optimize energy production through cutting-edge engineering and operational excellence.
  3. Integrity: Uphold transparency in financial reporting and stakeholder communication.
  4. Collaboration: Partner with communities, investors, and government bodies to achieve shared energy goals.
  5. Growth: Drive Nepal’s economic progress by reducing energy imports and fostering industrial productivity

Our Road Map

Here are our important timelines 

2062/63
private limited company

Incorporated as a private limited company in Nepal

2074/75
License approved

Generate License approved

2076/77
Road construction

Access road construction started

2081/82
COD

Project Completion & COD

2081/82
private limited to a public limited entity

The company converted from a private limited to a public limited entity

2082/83
IPO

Plans for IPO landing

Board of Directors Profile

Messages from Our Board of Directors
Mr. Shankar Bahadur Ghimire Chairman

At TenX Hydropower Holding Limited, our mission is not only to generate electricity but to generate confidence in Nepal’s future. As part of the Board, I am committed to ensuring that our projects stand on the principles of transparency, sustainability, and financial strength. Hydropower is more than an industry—it is the foundation of Nepal’s energy independence, and we take pride in shaping that future responsibly.

Mr. Lilamani Pathak Managing Director

Nepal’s rivers hold limitless potential, and TenX Hydropower Holding Limited is dedicated to harnessing that power with innovation and integrity. My focus has always been on creating long-term value—for our investors, for our communities, and for the nation. Through efficient management and sustainable practices, we aim to make every project a benchmark for reliability and growth in the renewable energy sector.

Mr. Ambir KC Director

Hydropower represents opportunity, resilience, and progress. At TenX Hydro Holding Limited, I am proud to be part of a team that blends technical expertise with social responsibility to deliver results that matter. We believe in projects that not only provide strong financial returns but also uplift local communities and contribute to national development. Together, we are building an energy-secure Nepal.

Dr. Baua Lal Sah Director

As a Board member, I view hydropower as more than infrastructure—it is an investment in Nepal’s economic and environmental future. TenX Hydro Holding Limited is driven by a vision of clean energy, sustainable growth, and investor trust. My role is to ensure that we balance innovation with responsibility, delivering outcomes that benefit our stakeholders while preserving the resources of tomorrow.

MAJOR PROMOTERS

A major promoter for a hydro project plays a crucial role in securing investment, coordinating stakeholders, and ensuring the successful development and implementation of the hydropower facility.

Laxmi Shree Investment Co.

fundrise

Fundrise Investments Private Limited