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Hydropower Plant Seeking Loan in Kathmandu, Nepal

Certified hydropower company serving the Nepalese Government with 16+ years experience looking for a loan.

Established 10-20 year(s)
Employees 50 - 100
Legal Entity Public Limited Company
Reported Sales USD 1.4 million
Run Rate Sales USD 2.9 million
EBITDA Margin 40 %
Industries Hydropower Plants
Locations  Kathmandu
Local Time 2:16 AM Asia / Kathmandu
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 21 million for 4.0% annual interest, 5 years (Native Currency: NPR 3,000,000,000)
Reason: We are paying a high interest to the local commercial banks in Nepal and this is directly affecting ... View More
Collateral Available: USD 21 million
Includes physical assets worth USD 35 million
Documents
Business Overview
- We are a Public Limited Company certified by the Government of Nepal Ministry of Energy, Department of Electricity Development (DOED). Our company is listed in the stock market of Nepal.
- The company generates electricity and directly sells it to the national grid. The grid is operated by the Government of Nepal.
- They buy our generated electricity through a Power Purchase Agreement with us and there is a rate mentioned in the document signed by both the parties under this mutual agreement.
- An increase of 3% on the agreed tariff occurs every year which is how we saw an increase in revenue yoy.
- The company has over 16+ years of experience in the industry. It hires some contract employees on demand.
Products & Services Overview
Leading hydropower company generating electricity serving the Nepalese Government.
Assets Overview
Tangible assets include plant and machinery used for energy generation inside our power stations. These machines are valued at about NPR 500 crores at the moment.
Facilities Overview
We have our corporate office in the capital city of Kathmandu. Our office is located in a corporate tower in the city. Whereas the site office is located in the eastern part of the country where our powerhouse is located.
Capitalization Overview
The project is being funded by the shareholders of the company and loan fund was funded by the local commercial banks. The local business house is the owner of the company which is currently managing this company.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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