Ankhu Khola 1 Hydropwer Project (8.4MW)

Ankhukhola Jalvidhyut Company Ltd (AKJCL) is a hydropower generation company incorporated in Nepal under the Companies Act, 2063, and licensed by the Department of Electricity Development (DOED) to develop, own, and operate the Ankhukhola 1 Hydroelectricity Project. In accordance with the Securities Act, 2063, Securities Registration and Issuance Regulations, and SEBON directives applicable to hydropower companies, the Company issued IPO shares to the general public amounting to Rs 20 crores in 2075 B.S and the company is listed as AKJCL in Nepal Stock Exchange (NEPSE). After IPO, the Company undertook a right share issuance to raise further equity capital from existing shareholders at the ratio of 1:1.5 amounting to Rs 1 Arab 20 Crores in 2081 B.S, in accordance with the Companies Act, 2063 and SEBON's Right Share Issuance Guidelines.rnrnThe site is located in Dhading District close to 132 km from Kathmandu; Ankhu Khola is one of the major tributaries of Budhi Gandaki River. The catchments area of Ankhu Khola is about 633 km2. The mean annual flow is estimated to be 58.38 cumecs. A design discharge of 34.5 cumecs having a probability of more than 40% has been considered.