About HPL

Owners

Website: www.statkraft.com

Statkraft is Europe’s largest generator of renewable energy and is the leading power company in Norway. The company owns, produces and develops hydropower, wind power, gas power and district heating. Statkraft is a major player in European power trading and has 3500 employees in more than 20 countries. Statkraft built Khimti and transferred its ownership to SN Power – a subsidiary of Statkraft – in 2006. Statkraft is majority owner of HPL, with 57% shareholding.

Website: www.bkk.no

BKK is a Norwegian power company based in Bergen. BKK has 1100 employees and is owned by Statkraft and 17 municipalities in western Norway. The core activities are the generation, sale and transmission of electric power, district heating and the extension of fiber networks. BKK owns 26 % of HPL.

Website: www.bpc.com.np

Butwal Power Company (BPC) is one of the leading companies in Nepal’s power sector with generation and distribution as its core business areas. Incorporated in 1966 as private company and converted into public limited company in 1993. Pursuing the privatization process, in 2003, the Government of Nepal handed over majority ownership to private investors on public-private partnership model. BPC is registered with the Securities Board of Nepal and listed in Nepal Stock Exchange Limited. BPC owns 16.9% of HPL.