Supermai Hydropower Limited was established on 27th Ashoj 2071 with the objective of developing hydropower projects and contributing to Nepal’s growing energy needs. The company is supported by a team of experienced professionals and successful business leaders from various fields, including hydropower development, management, finance, engineering, education, and public affairs. The company is committed to good corporate governance, transparency, accountability, and professional management.
The company’s first and pilot project, the Supermai Hydropower Project 7.8 MW, is located in Ilam District and utilizes the water of Mai Khola. The project has a catchment area of approximately 163 km² and a design discharge of 7.35 m³/s (Q40). The project includes an approximately 3,500-meter-long tunnel up to the bifurcation and is equipped with two Francis turbine units. The electricity generated from the project is connected to the national grid through an approximately 12 km, 132 kV transmission line from the powerhouse to Godak Substation.
The Supermai Hydropower Project achieved its Commercial Operation Date (COD) on 11th Kartik 2075 and was completed 21 months ahead of its scheduled completion period. This achievement reflects the strong commitment and teamwork of the company, its management, employees, contractors, consultants, lenders, investors, and other stakeholders. In recognition of the early completion of the project, the company received special recognition from the Government of Nepal, Ministry of Energy, Water Resources and Irrigation.
Since commencing commercial operation, the project has maintained good operational and financial performance. The company has consistently shared the benefits of its performance with its shareholders through dividends. The company distributed 7.16% cash dividend in F.Y. 2076/77, 11.5% cash dividend in F.Y. 2077/78, 30% dividend in F.Y. 2078/79, 5.63% cash dividend and 7% bonus shares in F.Y. 2080/81, and 20% bonus shares in F.Y. 2081/82.
Hydropower development remains the company’s core business. Supermai focuses on the study, development, and management of hydropower projects, including feasibility studies, technical assessment, financial analysis, project design, licensing, PPA arrangements, financing, and project implementation. The company aims to make effective use of available financial, technical, and human resources to develop hydropower projects and contribute to Nepal’s long-term energy requirements.
Looking ahead, Supermai Hydropower Limited remains committed to strengthening the company through good management, efficient operation, strong corporate governance, and responsible business practices. We will continue our efforts to maintain the company’s good reputation, create long-term value for our shareholders, and make every possible effort to provide regular and attractive returns through dividends. With the continued support and trust of our shareholders, employees, business partners, local communities, government authorities, and other stakeholders, we remain committed to the sustainable growth of the company and to contributing to Nepal’s energy development and economic growth.