Sahas Urja Ltd.(SUL) established on Magh 2070 B.S as private limited company later converted to public limited company on Bhadra 2071 B.S., comprises of a group of veterans in the field of entrepreneurship having innovative ideas of modern enterprises with advanced development strategies and management concepts. Sahas Urja Ltd. commits to create superior value for all its shareholders and stakeholders and aimed to be among most admired and trusted company in the country. It has planned to contribute to the national economy through accelerated hydropower development.
Hydro Venture Pvt. Ltd. (HVPL), a limited liability company,was established with the main objective to develop, build and operate hydroelectric project in Nepal. The company from its very beginning was focusing on the development of the Solu Khola (Dudh Koshi) Hydroelectric Project. The company had completed Feasibility Study, Environmental Impact Assessmentand Connection Agreement, obtained Generation License from Department of Energy Development (DoED) and finally concluded a Power Purchase Agreement (PPA) with Nepal Electricity Authority on 25th February 2015. Regardless of the license of the Solu Khola (Dudh Koshi) Hydroelectric Project (SKDKHEP) under Hydro Venture Pvt. Ltd., (a 100% subsidiary of Sahas Urja Ltd) the project was being developed by the Sahas Urja Limited (SUL). At this point HVPL has been completely acquired by (SUL) with the endorsement from Company Registrar’s Office (Received on 12th March 2017), licenses transferring process from HVPL to SUL was completed on 2074/1/29 B.S.
Sahas Urja Ltd. was established with the objective to contribute balanced economic development of the country by harnessing water resources and generating electricity. Beside this, the company has following objectives:
1. To identify feasible Hydro Electric Project
2. Develop, Build and Operate Power Project
3. Promote Green Energy & Entrepreneurship
4. Utilize bilateral and multilateral foreign expertise and investment
5. Assist to remove present barriers and bottlenecks in power sectors
• Apply innovative engineering solutions and management services
• Empower people participation
• Maximize value of Money (time, technology and competence)
We are guided by ethical and moral values such as good governance, abiding law of land, integrity, respect, accountability, social responsibility and optimistic in whatever we do.