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The Upper Marsyangdi Hydroelectric Project is a 50 MW run-of-river hydropower plant situated on the Marshyangdi River in Bhulbhule VDC, Lamjung District, Gandaki Province, Nepal. It is a flagship foreign direct investment (FDI) project jointly developed by Power China Resources Ltd. (90%) and Sagarmatha Power Company Nepal (10%) under the entity Sinohydro–Sagarmatha Power Company. The plant uses two 25 MW Francis turbines and features a vortex settling basin and a ~5 km headrace tunnel. It was commissioned in two phases—September and December 2016—and is designed to generate approximately 317 GWh of electricity annually. Power is evacuated through a 132 kV single-circuit transmission line of about 20–25 km, connecting to the Middle Marsyangdi substation. The project was financed with support from China Eximbank (70% debt) and 30% equity, with a total investment of USD 165.9 million. The PPA with NEA was signed at a tariff of USD 0.05999/kWh. It is considered a milestone in Nepal-China infrastructure collaboration and plays a key role in the Marsyangdi cascade development strategy.
Application for Survey License
Survey License Approved
Application for Generation License
Under Construction
Live