Investing in Infrastructure. Powering Nepal's Clean Energy Future.
A dedicated infrastructure investment platform focused on the development, ownership, and long-term operation of hydropower and critical infrastructure assets in Nepal.
Infra Nepal Development Fund is a dedicated infrastructure investment platform focused on the development, ownership, and long-term operation of hydropower and critical infrastructure assets in Nepal. The Fund was established to connect global capital with Nepal's extraordinary clean energy potential through professionally managed, institutionally governed investment opportunities that deliver sustainable, risk-adjusted returns.
Nepal is entering a decisive phase of economic transformation. Rising electricity demand, rapid urbanization, industrial expansion, and growing regional power trade are reshaping the country's infrastructure needs. At the same time, Nepal possesses one of the world's richest hydropower endowments, yet only a fraction of this resource has been developed. Infra Nepal Development Fund exists to convert this structural opportunity into bankable assets, supported by strong regulatory frameworks, disciplined execution, and long-term revenue visibility.
A Market Defined by Structural Opportunity
Hydropower forms the backbone of Nepal's long-term national development strategy and benefits from consistent government support. Projects are developed under long-duration generation licenses and benefit from government-backed Power Purchase Agreements that provide predictable, contracted revenue over extended periods. These characteristics make hydropower a resilient infrastructure asset class, particularly attractive to long-term investors seeking stable cash flows and downside protection.
As cross-border transmission capacity expands and regional electricity markets deepen, Nepal is increasingly positioned to become a reliable exporter of clean power. This regional integration enhances the long-term value of hydropower assets and strengthens the investment case for projects that are well-located, properly structured, and professionally executed.
Focused Investment Strategy
Infra Nepal Development Fund maintains a disciplined focus on hydropower and essential infrastructure directly linked to power generation. The Fund invests across the project lifecycle, from advanced-stage development through construction and into operations, prioritizing projects with strong fundamentals, clear regulatory standing, and defined execution pathways.
Each investment is subject to rigorous technical, environmental, regulatory, and financial due diligence. Hydrology, geology, engineering design, construction methodology, and grid connectivity are evaluated in detail. Financial structures are designed conservatively, with a focus on capital preservation, execution certainty, and long-term value creation. Where appropriate, the Fund maintains majority ownership or strong governance rights to ensure alignment, control, and adherence to international best practices.
Supporting infrastructure, including access roads, camps, land acquisition, and transmission-related works, is treated as an integral component of project development rather than a secondary consideration. This integrated approach reduces execution risk and enhances overall project reliability.
Advanced Portfolio with Secured Revenue Visibility
The Fund's portfolio reflects Infra Nepal's ability to originate, structure, and advance complex infrastructure projects while systematically reducing development and execution risk.
28.1 MW
Upper Kabeli
Under ConstructionUpper Kabeli Hydropower Project
The Upper Kabeli Hydropower Project (28.1 MW), located in eastern Nepal, is a cornerstone asset within the portfolio. The project is well advanced in construction and is targeted for commissioning in 2026.
Upon completion, it is expected to generate approximately 182 GWh of clean electricity annually under a long-term power purchase framework, contributing meaningfully to national energy supply while delivering stable, predictable cash flows.
86 MW
Tiplyang Kaligandaki
Early-Stage ExecutionTiplyang Kaligandaki Hydropower Project
The Tiplyang Kaligandaki Hydropower Project (86 MW) represents a major growth asset within the Fund's portfolio and has achieved several critical milestones. The project has secured a Power Purchase Agreement with the Government of Nepal, providing long-term revenue certainty and significantly enhancing its bankability. Environmental approvals are in place, and the project has moved decisively into early-stage execution.
On-the-ground work is actively underway, including the development of access roads, establishment of construction camps, land acquisition, and completion of comprehensive design reviews. These steps demonstrate tangible progress and materially reduce development risk, positioning the project for financing and full-scale construction. With regulatory approvals secured, revenue contracted, and physical progress underway, the Tiplyang Kaligandaki project stands as a mature and well-advanced infrastructure investment opportunity.
Institutional Governance and Transparency
Infra Nepal Development Fund is built on a foundation of strong governance, transparency, and accountability. The Fund operates under clearly defined ownership structures and decision-making processes, supported by experienced leadership and project teams. Investors are provided with regular, structured updates covering construction progress, financial performance, key milestones, and risk management measures.
Capital discipline is central to the Fund's philosophy. Conservative assumptions, contingency planning, and active oversight are embedded at every stage of the investment lifecycle. This approach allows Infra Nepal to protect investor capital while positioning assets for sustainable, long-term value creation.
Enduring Value and Measurable Impact
Hydropower investments developed by Infra Nepal deliver value that extends beyond financial returns. These projects generate employment in remote regions, stimulate local infrastructure development, strengthen national energy security, and reduce dependence on imported fossil fuels. By expanding clean generation capacity, Infra Nepal contributes to Nepal’s long-term economic resilience and alignment with global energy transition objectives
For investors, this translates into ownership of essential infrastructure assets with long operating lives, inflation-resilient revenue structures, and strong alignment with environmental, social, and governance principles.
Employment Generation
These projects generate employment in remote regions and stimulate local infrastructure development, creating lasting economic benefits.
Energy Security
Strengthening national energy security and reducing dependence on imported fossil fuels for Nepal's long-term economic resilience.
Global Energy Transition
By expanding clean generation capacity, contributing to Nepal's alignment with global energy transition objectives.
Long Operating Lives
Ownership of essential infrastructure assets with long operating lives and inflation-resilient revenue structures.
ESG Alignment
Strong alignment with environmental, social, and governance principles for responsible investing.
Stable Cash Flows
Predictable, contracted revenue over extended periods providing stable cash flows and downside protection.
Partnering for Long-Term Growth
Infra Nepal Development Fund offers investors a trusted platform to participate in Nepal's infrastructure and clean energy growth through professionally managed, well-structured projects. Whether partnering as a global institutional investor, strategic co-developer, or Non-Resident Nepali seeking long-term exposure to Nepal's energy sector, Infra Nepal provides access to opportunities grounded in experience, execution capability, and disciplined governance.
Nepal's hydropower opportunity is both timely and enduring. Infra Nepal Development Fund invites investors to participate in building infrastructure that powers economic growth, delivers lasting value, and shapes the country's clean energy future.
Build Nepal's Clean Energy Future
Join Infra Nepal Development Fund in creating infrastructure that delivers sustainable returns, powers economic growth, and shapes Nepal's energy landscape.