The study has shown that about 42,000 MW of hydroelectricity could be generated in Nepal which is feasible techno-economically. Such huge potential of hydroelectricity is due to the perennial rivers flowing from north to south of the country with favorable topographical terrain for the generation of hydroelectric projects. However, in reality, only about three percent of this potential has been harnessed to date. Country's overall power supply at present is still insufficient to fulfill the country's peak power demand so the power is still imported from India. Also, due to the typical nature of climate in this region, discharge of Nepalese river diminishes significantly during winter season, when the demand is relatively higher, leading to acute power shortage for nearly half of the year starting in October. There is also prospect of exporting the excess power to the neighbouring countries like India and Bangladesh. Hence, country needs to construct new hydropower project rapidly.
Liberty Energy Company Limited was established in 2066 BS with the sole aim of harnessing hydropower potential of the country in order to contribute for the development of the country. This company has been promoted by national level leading businessmen, hydropower developers and hydropower professionals. Currently, the company is developing Upper Dordi 'A' Hydroelectric Project, 25 MW; located in Lamjung district of Gandaki Zone. Company also have the license for additional two hydro projects which are under study phase.
Approval for issue of 1:05 right share - 2081/06/23
Approval of Right Share from ERC - 2080.04.17