Established in July 2010 as an affiliate of Chilime Hydropower Company Limited, Madhya Bhotekoshi Jalavidyut Company Limited (MBJCL) is a publicly traded company. The main project of MBJCL is the Middle Bhotekoshi Hydroelectric Project (MBKHEP), which is intended to be developed in the Sindhupalchowk district of the Central Development Region with an installed capacity of 102 MW.
To pay for the project's debt, EPF, Chilime, and MBJCL recently finalised a tri-partite financing deal. There will be a combination of 51% promoter share and 49% public share used for the equity investment. An important participant in the endeavour, Chilime, owns a noteworthy 37% of the enterprise.
Madya Bhteekoshi Jalabhityut Company Limited
- MBJCL is a company formed in July 2010.
- It's a public company, meaning anyone can invest in it.<iframe src="
- They are a subsidiary of Chilime Hydropower Company Limited, a larger hydropower company.
What is MBJCL's project?
- MBJCL is working on a hydroelectric project called the Middle Bhotekoshi Hydroelectric Project (MBKHEP).
- The goal is to build a power plant with a capacity of 102 MW (megawatts) to generate electricity.
- This project is located in Sindhupalchowk district, which is part of Nepal's Central Development Region.
How is the project being funded?
- The project will be funded through a combination of loans and investments.
- A tri-partite loan agreement has been signed between three groups: Employee Provident Fund (EPF), likely a government organization that manages retirement funds. Chilime Hydropower Company Limited, the parent company of MBJCL.MBJCL itself.
- The remaining funding will come from selling shares in the company
- 51% of the shares will be sold to promoters, which are likely companies or individuals who take the lead in setting up the project.
- 49% of the shares will be sold to the public, allowing anyone to invest in the project.
Chilime Hydropower Company Limited is a major player, investing a significant portion (37%) through buying shares.
In simpler terms, MBJCL is a company building a hydropower plant to generate electricity. They are getting funding from loans and selling shares to the public and other companies.