United Modi Hydropower Ltd.

United Modi Hydropower Limited is a Nepali independent power producer (IPP) dedicated to harnessing water resources for electricity generation, operating under the legal framework of a public-limited company. The company was initially registered as a private limited entity on 5 Mangsir 2064 B.S. (21 November 2007) and was later converted into a public limited company on 28 Chaitra 2070 B.S. (11 April 2014), reflecting its expanded ambition and public investment orientation. UMHL’s core operations revolve around its hydropower projects on the Modi River in Parbat District. Its flagship facility, the Lower Modi‑1 Hydropower Project a run-of-river plant with a capacity of 10 MW began operations in 2012, marking UMHL’s entry into commercial electricity generation.In addition, the company developed the Lower Modi‑2 Hydropower Project (10.5 MW), a cascade project on the same river system, further enhancing its generation capacity. Over time, UMHL has positioned itself not just as a small-scale generator but as a growing hydropower company with ambitions for expansion, reinvestment, and public-market participation. As of recent data, the company has 12,305,000 shares issued (face value NPR 100), giving a paid-up capital of NPR 1,230,500,000. UMHL is listed on the Nepal Stock Exchange (NEPSE) under the ticker “UMHL,” enabling public investors to participate in Nepal’s hydropower growth through its shares. The company’s financial and operational reports show active performance: recent quarterly disclosures and public announcements indicate ongoing generation, revenue from electricity sales under its long-term Power Purchase Agreement (PPA) with the national utility, and periodic bonus share issuance to shareholders as a sign of confidence and reinvestment. Like many hydropower firms in Nepal, UMHL faces the typical sector challenges hydrology and river flow variability, monsoon-driven water flow fluctuations, and the pressure of efficient operation, maintenance, and compliance with regulations. Nonetheless, by combining small to medium-scale generation with public ownership and transparent corporate structure, UMHL exemplifies the potential of private-sector hydropower participation in Nepal’s push for clean and domestic electricity supply.