Super Khudi Hydropower Extends IPO Application Deadline for Local Residents

Lamjung – Super Khudi Hydropower Limited has extended the application deadline for its Initial Public Offering (IPO) allocated to project-affected local residents. The IPO, which has been open for applications since Poush 22, will now remain open until Magh 21, according to the company.

The company has received regulatory approval to issue 20 percent of its issued capital of NPR 1.55 billion to the public. Under this provision, Super Khudi Hydropower has allocated shares worth NPR 155 million for local residents, equivalent to 1.55 million ordinary shares at a par value of NPR 100 per share.

Of the shares reserved for locals, 40 percent—amounting to 620,000 units—will be allotted to residents of wards 2 and 3 of Marsyangdi Rural Municipality in Lamjung district, which are directly affected by the project. The remaining 60 percent, or 930,000 shares, will be distributed among residents of wards 1, 4, 5, 6, 7, 8, and 9 of the same rural municipality.

Super Khudi Hydropower is operating the 26-megawatt Upper Khudi Hydropower Project in Lamjung. The total cost of the project stands at NPR 5.38 billion, translating to a per-megawatt cost of approximately NPR 206.9 million. The cost structure places the project in the mid-range category of hydropower developments in Nepal in terms of capital intensity.

According to the company, the electricity generation license for the project has a remaining validity of 27 years and 5 months. From an investment perspective, the project’s simple payback period has been estimated at 7.21 years, while the discounted payback period extends to 13.42 years, reflecting long-term capital recovery dynamics typical of hydropower projects.

By extending the IPO application period, the company aims to ensure broader participation from project-affected communities and strengthen local ownership in the project. The move is expected to encourage higher subscription levels among eligible residents and reinforce the policy objective of integrating local stakeholders into large infrastructure investments.