About Us
Simbuwa Remit Hydro Limited
Simbuwa Remit Hydro Limited was established in the year 2020 AD. The Company is being promoted by Vidyut Utpadan Company Limited (VUCL), Hydroelectricity Investment Development Company Limited (HIDCL) and Nepal Electricity Authority (NEA) owned by the (HIDCL). It is a new concept which advocates that hydropower projects can be built using the remittance money and, the contributors of equity will get a return of the equity invested by them for a long period (like a pension) during the economic life of the hydropower projects. A sustainable livelihood of migrant workers is greatly linked with the sustainability of investments of their savings during their productive life.
Surya Prasad Rijal
Chairperson
Our Project
Simbuwa Khola HEP
Simbuwa Khola Hydroelectric Project is located in the Phaktanglung Rural Municipality of Taplejung district of Koshi Province, Nepal. The Simbuwa River is a tributary of the Tamor River. The Simbuwa Khola is a left bank tributary of the Tamor River and has a steep gradient from its origin to its confluence with the Tamor River.