Chilime Hydropower Company Limited (Chilime) was incorporated in 1995 with an objective of hydroelectricity generation through optimal utilization of resources within the country. Nepal Electricity Authority (NEA) holds majority ownership with 51% share holding. Remaining 49% shareholding is from general public including 10% equity ownership of local people.
Chilime owns and operates 22.1 MW power plant commissioned on August 25, 2003 and located in Rasuwa district, 133 km north of capital city Kathmandu. It sales bulk electricity to NEA at the long term PPA price. The annual energy generation from the plant is about 150 GWh.
Chilime has established following three subsidiaries:
1. Rasuwagadhi Hydropower Company Limited.
2. Madhya Bhotekoshi Jalavidhyut Company Limited.
3. Sanjen Jalavidhyut Company Limited.
4. Chilime Engineering and Services Company Limited.
Chilime, through its three subsidiaries, is developing four hydropower projects with aggregate capacity of 270.3 MW.