Mid Solu Hydropower Limited

About

Mid Solu Hydropower Limited was incorporated on 19 April 2017 and later converted into a public limited company on 30 June 2021, under the Company Act of Nepal.MSHL is committed to developing hydropower projects in Nepal with a focus on clean, renewable energy generation through river-based (“run-of-the-river”) hydropower.Currently, MSHL is developing and operating the Mid Solu Khola Hydropower Project (MSKHP), which has a capacity of 9.5 MW. The project is located in Solududhkunda Municipality, Solukhumbu District, in Nepal’s Province 1 roughly 270 km northeast of Kathmandu. The hydropower plant uses two Francis turbines and a run-of-river design, with intake sourcing from tail-water of upstream hydropower (as part of cascade design), a headrace canal, penstock, surge tank, and a powerhouse discharging back to the river after power generation. MSHL aims not just to generate electricity but to contribute to a sustainable, low-carbon future for Nepal, supporting the national grid and promoting renewable energy development. The company is publicly listed on the Kathmandu stock exchange under symbol “MSHL,” with paid-up capital of NPR 748.4 million. In recent years, MSHL has shown strong financial performance. For example, in the most recent fiscal year, the company declared a dividend comprising 15.789% (bonus shares + cash), reflecting confidence by its board and growth prospects. Also, the company reported substantial profit growth its net profit jumped significantly compared to prior years, supported by increased revenue from electricity sales. Overall, MSHL represents a growing hydropower developer / operator in Nepal, bridging clean-energy generation, shareholder returns, and sustainable development, while contributing to the country’s renewable energy infrastructure.