GMR Upper Karnali Hydro Power Ltd. (GUKHL) #47717
Created at
2025-12-11
Last update
2025-12-11
4 Parents (Involvements as child)
ID
Name
GMR Group
Country of registration/origin
India
Classification
Asset management firm
Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
73.00 %
ID
Name
Nepal Electricity Authority
Country of registration/origin
Nepal
Classification
Government institution
Relationship
Parent company
Parent relation
Joint venture of parent companies
Investment type
Shares/Equity
Ownership share
23.00 %
ID
Name
SJVN Limited
Country of registration/origin
India
Classification
Stock-exchange listed company
Relationship
Tertiary investor/lender
Comment
It is unclear as to SJVN Ltds. role however ownership of the project is split by GUKHL (73%) and NEA (27%).
The development is being managed by GMR Upper Karnali Hydro Power Limited (GUKHL), a subsidiary of GMR Group India, in collaboration with Nepal Electricity Authority (NEA) and SJVN Green Energy.
ID
Name
Indian Renewable Energy Development Agency Limited (IREDA)
Country of registration/origin
India
Classification
Stock-exchange listed company
Relationship
Tertiary investor/lender
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
Nepal
Current intention of investment
Renewable energy unspecified
Current negotiation status
Concluded (Oral Agreement)
Current implementation status
Project not started
Deal size
7.5 ha