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June 30, 2024

First Board Member Meeting of Bigu Hydro Venture and Aalampu Jalabidhyut Bikas Company


Kathmandu, 30 June 2024 (16 Ashadh 2081):

The inaugural board member meeting of Bigu Hydro Venture Pvt. Ltd. (Pegu Khola Small Hydropower Project -3MW) and Aalampu Jalabidhyut Bikas Company Pvt. Ltd. (Mathillo Sagu Khola Small Hydropower Project -10MW) was held at 8:30 am at the corporate office in Battisputali 9, Kathmandu. The key agenda of the meeting included project progress updates, board of directors (BoD) formation, discussions on the way forward, and others.

The meeting focused on two significant hydropower projects:

The Pegu Khola Small Hydropower Project (3MW) under Bigu Hydro Venture Pvt. Ltd. and the Mathillo Sagu Khola Small Hydropower Project (10MW) under Aalampu Jalabidhyut Bikas Company Pvt. Ltd.

During the session, the board formed the BoD for both projects, appointing the following members:

  • Baburam Thapa- Chairman
  • Ananta Kumar Shrestha - Director
  • Buddha Lal Shrestha - Director
  • Gudakhar Sapkota - Director
  • Naresh KC- Director

The board members reviewed the progress of the projects to date (i.e. financial closure, permission process of tree cutting and land acquisition, Topography Survey etc.) and engaged in comprehensive discussions to chart the future course of action.