Madi Power (P) Ltd
The 25-MW Upper Madi hydropower project, owned jointly by a China International Water and Electric Corporation (CWE) and Malla Group, started generating power in Kaski district in western Nepal. CWE, a wholly-owned subsidiary of China Three Gorges Corp. (CTG). It is a financed the project under the build, own, operate and transfer model for 30 years. Upper Madi Power was the first hydro project in Nepal to be constructed under a build-operate-transfer model, with the China International Water and Electric Corp.
Work began on the project in December 2012 and Prime Minister Dr. Baburam Bhattarai had laid the foundation for construction of the project. Upper Madi is a run-of-river project with headrace tunnel of 3920m. The construction of the project was done by Sino Hydro and Gorkha Construction. The project was completed in December 2016.
The Upper Madi Hydroelectric Project began commercial generation of power after Energy Minister Janardan Sharma inaugurated the 25 megawatt plant.
On the occasion, Minister Sharma said the project’s contribution would be huge at a time when the country is reeling under a power shortage. “Without energy we cannot imagine the development of industry, tourism, agriculture and other facilities,” he said. “We are committed to taking the private sector on board to develop projects in Nepal.”
CWE is an international engineering enterprise active in the fields of water, hydropower, new energy, and infrastructure for more than 60 years and a reliable partner of the public sector and private institutions, which runs 32 branches worldwide. They have built more than 800 high-quality projects in more than 80 countries and regions, being listed in the ENR Top 250 International Contractors for 30 consecutive years and ENR Top 225 International Design Firms 22 consecutive years, rated AAA credit in China.