Ridi Hydropower Development Company is a limited company registered under the Company Act of the Government of Nepal. It is established in 2000 AD with a mission to develop, own and operate hydroelectric project. The company has built and operating a 2400kW Ridikhola Small Hydropower Project at Ruru VDC of Gulmi district, Western Development Region of Nepal. The motto of the company is "Hydropower through Peoples' Participation". Ridikhola Project is an example. There are 300 promoters shareholders in the company with a minimum investment range of Rs. 10,000 (US$ 133.33). Of the total number of promoting shareholders, around 50 percent shareholders are from the project area.
The company is formed by a team of experts. The Company has been developed as an umbrella company of Arun Valley Hydropower Development Company Limited that has already built and operating a 3MW Piluwakhola Project in Eastern Nepal (visit www.arunhydro.com.np). We have a complete team to design, construct and operate hydropower project project. We want to share our experiences to the upcoming project developers as well as provide technical support.
The company is planning to develop other hydropower projects in future. Based on our experiences of project development and operation, we also provide training, consulting facilities for detailed feasibility study, detail design, construction & supervision, environmental study, etc.
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