Powering Progress with Clean Energy

Isuwa Khola Hydropower Project

Makalu Rural Municipality, Sankhuwasabha · Koshi Province

Harnessing Himalayan Rivers for Nepal's Energy Future

Himalayan Rivers — Nepal's Power

Energy from the Heart of the Himalayas

Installed Capacity
97.2MW
Annual Energy Output
674.3GWh
Overall Project Progress
71%
RCOD (Proposed)
13 February 2027
IPO update

Application to the Electricity Regulatory Commission (ERC) In progress

Investor Relations

Who We Are

Building a 97.2 MW Peaking Hydropower Plant in the High Himalaya.

More About Us

K.B.N.R Isuwa Power Limited is developing the Isuwa Khola Hydropower Project in Makalu Rural Municipality, Sankhuwasabha. Water from the Isuwa Khola, a tributary of the Arun, falls 940 metres from our raised weir to a three-unit powerhouse, generating 674.30 GWh of clean electricity every year for Nepal's national grid.

  • Clean, renewable energy
  • Peak-hour power for the national grid
  • Growing with local communities
Kalyan Bikram NeopaneManaging Director, KBNR

Our People

The Team Behind Isuwa Khola

Led by the KBNR board, with engineers and finance and procurement specialists delivering the project from Kathmandu to the site in Sankhuwasabha.

Meet the Full Team
  • Mr. Birendra Bahadur Neopane

    Mr. Birendra Bahadur Neopane

    Chairman

  • Mr. Kalyan Bikram Neopane

    Mr. Kalyan Bikram Neopane

    Managing Director

  • Mrs. Ruma Rajbhandari

    Mrs. Ruma Rajbhandari

    Director

  • Mr. Ananta Karki

    Mr. Ananta Karki

    Chief Executive Officer

  • Mr. Sudhir LamichhaneCFO
  • Mr. Bed Prakash BistaAdmin & Finance Manager
  • Mr. Prasun TumbahangpheExecutive Engineer
  • Mr. Dipak ThapaChief Engineer
  • Mr. Nibesh Thapa MagarProcurement Manager

Why Isuwa Khola

A Long-Life National Asset

Hydropower plants run for many decades on a free, renewable resource. Isuwa Khola will add 97.2 MW of peaking capacity to Nepal's grid, strengthening the country's energy security.

  1. Peaking Power

    Six hours of pondage storage lets the plant generate when demand on the national grid is highest.

  2. 940 m of Head

    An exceptionally high head lets a 12.6 m³/s design flow drive three 34.1 MW turbine units.

  3. Clean Energy

    674.30 GWh of renewable electricity a year, with no fuel burned to produce it.

  4. Local Development

    Roads, river protection, drinking water and community support in Makalu Rural Municipality.

940m
Gross Head
6.9km
Headrace Pipe
50,000+
Tons of CO₂ Avoided Annually
1,000+
Local Jobs Created

Construction Progress

Where Construction Stands

71%

Overall Project ProgressAs of June 2026

  • Overall Civil Works74%
  • Hydro-Mechanical Works65%
  • Access Road100%
  • Electro-Mechanical Works65%
  • Transmission Line Works20%

Site Updates

Structure by Structure

  • 01

    Headworks

    The project continues to progress steadily across all major components at the headworks. Elevation gains at the raised weir, completion of foundational elements at the undersluice, and ongoing earthworks in the pondage area point to a positive trend toward key milestones. Current efforts are focused on increasing structure heights, backfilling, and implementing the proposed structural works at the pondage slope.

    Read update
  • 0269% complete

    Raised Weir and Intake

    During the reporting period, significant progress was recorded at the raised weir, which now stands at an elevation of 1,997 meters — an advancement of 29 meters from the base. Work continues steadily alongside the undersluice and pondage area, keeping the intake structure aligned with the project's construction milestones.

    Read update
  • 03

    Undersluice

    Concreting of the raft at the undersluice is complete. Vertical and radial gate embedments are installed, and both the left and right walls — 4 meters and 3 meters respectively from the bucket portion — are finished. The wall has been raised to the foundation level of the intake, and the intake's raft foundation is also complete.

    Read update
  • 04

    Pondage Area

    Slope cutting and heavy excavation are ongoing along the right bank upstream of the raised weir, spanning approximately 250 meters in length at a slope of 2:1, as the pondage structure is prepared for the project's peaking operation.

    Read update
  • 0565% complete

    Headrace Pipe

    The headrace pipe alignment is accessible via a motorable road, supporting transport and construction activity. Excavation at crossing points is underway and blasting is complete. A total of 43 anchor blocks are finished, jacketing is progressing on most support piers, and 4,600 meters of pipe have been laid along the alignment to date. Four major siphon and bridge crossings are identified, with abutment construction in progress.

    Read update
  • 0660% complete

    Surge Tank

    Concreting up to 6 meters from the crank level (EL. 1990.6) is complete, with backfilling around the surge tank also finished. Further concreting is temporarily on hold, with plans to use scaffolding relocated from the powerhouse.

    Read update
  • 0749% complete

    Penstock Pipe

    Excavation from Anchor Block 17 to 18 through the concrete casing area upstream of the powerhouse is complete, with a saddle pad installed to support the pipe. Erection of 450 meters of penstock pipe and concrete casing of 220 meters are finished, with bioengineering planned to stabilize soil on the inclined section.

    Read update
  • 0890% complete

    Powerhouse

    Civil works at the powerhouse are complete up to the corbel beam level, with rebar finished and formwork placed for concreting. Machine floor concreting is partially held back to allow the electromechanical contractor to install embedded parts for the turbine and generator. The cooling chamber is complete and the oil tank slab is underway.

    Read update
  • 09100% complete

    Tailrace

    The 82-meter tailrace has been completed in full.

    Read update

Our Network

  • BIG GROUP
  • Moonlight Hydropower Company Limited
  • Joshi Hydropower Development Company Limited
  • Isuwa Energy Hydropower Pvt. Ltd.

Powering Nepal's Progress, Sustainably

Get in Touch With Us

We're here to answer any questions you may have about the Isuwa Khola Hydropower Project. Feel free to reach out through the contact form below or use our direct contact information.