The company signed PPA with NEA on Bhadra 30, 2068 for the capacity of 12 MW.
Menchet Khola Hydropower Project 7 MW located at Ruby Valley Rural Municipality (Then Shertung and Tiplin VDCs).
Gorakshya Hydropower Company Pvt.Ltd was registered in 2071-01-22 and then it came into existence. The authorized capital and issued capital of the company is 1,20,00,00,000/- and 1,00,00,00,000 respectively/- The aim of this project is to contribute in development of country by exploring clean energy.
Until 1990, hydropower development was under the domain of government utility, Nepal Electricity Authority (NEA) only. However, with the enactment of new Hydropower Development Policy 1992, the sector was opened to the private sector also.