CE Construction

What CE Construction does

CE Construction Pvt. Ltd. is a Nepal-based, founder-owned construction and infrastructure conglomerate headquartered in Tripureshwor, Kathmandu, established in 1992 by Bijay Rajbhandary. The company operates through four core business verticals — General Contracting, Hydropower Development, Real Estate Development, and Tourism Development — supported by a network of 22 wholly-owned subsidiaries covering construction management, hydro-mechanical works, facility management, metal works, engineering solutions, interiors, hospitality, and healthcare. To date, CE has completed over 300 major projects spanning commercial buildings, hotels (Hyatt, Marriott/Moxy, Radisson), banks (Everest Bank, Global IME, Laxmi, Bank of Asia), hospitals (Grande International Hospital), residential colonies (CE Colony, Retreat Apartment, Bhotebahal Plaza), and hydropower installations with a combined pipeline exceeding 400 MW.

The company's core technology is conventional civil, hydro-mechanical, and electro-mechanical engineering execution rather than a proprietary software platform; the only notable in-house technology is a locally-adapted Construction Management System (CMS) used for integrated project management. No AI/ML capabilities, patents, or proprietary digital products are disclosed. CE monetizes through four distinct revenue streams: (1) project-based construction contracts secured via competitive bidding (including International Competitive Bidding for hydropower) and direct enterprise engagement; (2) hydropower development revenue from EPC contracts plus equity stakes in operating IPPs; (3) direct-to-consumer real estate sales of housing plots (e.g., CE Colony Biratnagar at NPR 2.23-3.15 crore per plot) and apartment/commercial units via the CE Real Estate subsidiary and cerealestate.com.np portal; and (4) tourism operations through The Hub Nagarkot and The Hub Lumbini resorts.

Customer segmentation is dual-channel: enterprise clients in banking, hospitality, energy (NEA, Blue Energy, Sahas Urja), and government for construction contracting; and individual buyers/investors for residential and commercial real estate. The company employs 501-1,000 direct staff per its firmographic profile, though management statements cite 2,000-4,000 individuals employed across all ventures. CE is ISO certified and has received the Frost & Sullivan Construction Company of the Year award, with its founder having received a Distinguished Young Alumnus Award from the University of New Mexico in 2001.

Name

CE Construction

Legal name

CE Construction Pvt. Ltd.

Website

https://ce-construction.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

501–1,000 employees

Short description

CE Construction Pvt. Ltd. is a Nepal-based construction and infrastructure conglomerate founded in 1992 that delivers general contracting, hydropower development, real estate, and tourism projects across four verticals via 22 subsidiaries, serving enterprise clients in banking, hospitality, and energy, plus individual property buyers.

Ownership category

akta.pro rank

Product category

Construction Services

NAICS

Commercial and Institutional Building Construction (236220), Heavy and Civil Engineering Construction (237), Land Subdivision (23721), Utility System Construction (2371)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), Heavy Construction Other Than Bldg Const - Contractors (1600), Land Subdividers & Developers (No Cemeteries) (6552), Electrical Work (1731)

akta.pro primary industry

Office & Corporate Building Construction (IMAFACAA)

akta.pro secondary industries

Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA), Overhead & Underground Collection System Construction (MV/HV Lines, Duct Banks) (EUAEADAG)

Keywords

• General construction contracting
• Hydropower development
• Real estate development
• Construction management
• Infrastructure development

Headquarters

HQ city

Kathmandu

HQ country

Nepal

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. General Construction Contracting: CE Construction earns revenue by serving as a general contractor for construction projects across sectors including hotels, banks, hospitals, residential buildings, institutional facilities, and infrastructure (roads, transmission lines). Projects are secured through competitive bidding and direct engagement, generating one-time project-based revenue.
2. Hydropower Development: The company develops hydropower projects (run-of-river type) either independently or through joint ventures, with some projects involving EPC (Engineering, Procurement and Construction) contracts. Revenue is generated through project development, civil works contracts, and equity stakes in operating projects.
3. Real Estate Development and Sales: CE Construction, through its subsidiary CE Real Estate, develops housing colonies (CE Colony, Bhotebahal Plaza) and apartment buildings (Retreat Apartment, Nil Barahi Housing), selling units directly to buyers. Revenue is generated from property sales at fixed prices per unit.
4. Tourism Infrastructure: The company develops and operates tourism projects including The Hub Nagarkot and The Hub Lumbini, and constructs hospitality facilities (hotels). Revenue is generated from tourism operations and hotel construction contracts.

Pricing tiers

Go-to-market motion3 records

Distribution channels2 records

Marketing channels6 records

Core offering

CE Construction Pvt. Ltd. is a corporate holding company delivering construction contracting, hydropower development, real estate development, and tourism infrastructure services across Nepal. The company builds hotels, banks, hospitals, residential colonies, apartments, hydropower plants, transmission lines, and tourism resorts for enterprise clients and individual buyers, with capabilities spanning general contracting, construction management, EPC delivery, and engineering solutions through a network of 22 wholly-owned subsidiaries.

Product overview

CE Construction Pvt. Ltd. is a construction and infrastructure development company operating as a corporate holding company with four core business verticals: General Contracting, Hydropower Development, Real Estate Development, and Tourism Development. The company offers construction services, project management, and engineering solutions across diverse sectors including residential housing, commercial buildings, hydroelectric projects, and hospitality. The product portfolio includes individual construction projects (hotels, apartments, hydropower plants), real estate developments (housing colonies, commercial plazas), and tourism ventures (resorts in Nagarkot and Lumbini). The company also operates through subsidiaries including CE Real Estate, CE Hospitality, and various development companies managing specific projects.

Differentiator

Problem solved

Functional benefit

Brands

• CE Real Estate: Real estate development division of CE Construction handling residential and commercial property projects including Bhotebahal Plaza, CE Colony, and Retreat Apartment.
• The Hub

Products and services

• General Contracting General construction contracting services for commercial, residential, industrial, institutional, and infrastructure projects including hotels, hospitals, banks, residential buildings, schools, manufacturing facilities, and government buildings across Nepal.
• Hydropower Development Development of run-of-river and peaking run-of-river hydropower projects including civil works, hydro-mechanical works, electro-mechanical works, transmission lines, and engineering services for sustainable energy generation in Nepal.
• Real Estate Development Development of housing colonies, residential apartments, and mixed-use real estate projects including planned communities, commercial complexes, and retail spaces in major Nepali cities.
• Tourism Development Development of tourism infrastructure including hotels, resorts, and hospitality projects leveraging Nepal's natural and cultural heritage destinations such as Nagarkot and Lumbini.
• CE Real Estate (subsidiary sales channel) Wholly-owned subsidiary of CE Construction handling residential and commercial property sales, project listings, customer inquiries, bookings, and management for housing colonies, apartments, and commercial properties.
• The Hub Nagarkot Tourism resort project in Nagarkot featuring resort accommodations and hospitality services for travelers exploring Nepal's natural and scenic destinations.
• The Hub Lumbini Tourism resort project in Lumbini featuring resort accommodations and hospitality services leveraging proximity to the birthplace of Buddha and UNESCO heritage destination.
• Retreat Apartment High-rise residential apartment project of 30 units across 11 stories in Bijeshwori near Swayambhunath Stupa in Kathmandu, featuring modern amenities and sold-out occupancy.
• Bhotebahal Plaza Mixed-use commercial project near Dharahara in Kathmandu with 88 customizable shops, offices, apartments, and communal facilities (all units sold out).
• CE Colony (Biratnagar) Organized community housing project in Biratnagar — the first of its kind in the city — featuring 26 luxury houses on a 1-2-1-3.47 Bigha area with plots priced from NPR 2,23,32,120 to NPR 3,15,09,155.
• Super Trishuli Hydropower Project (100 MW) — EPC contract 100 MW run-of-river hydropower EPC contract for civil works including river diversion, concrete barrage, surface powerhouse, tailrace channel, switchyard, and hydro-mechanical works, located 100 km west of Kathmandu on Prithvi Highway.
• Solu Khola (Dudh Koshi) Hydroelectric Project (86 MW) 86 MW run-of-river hydropower project in Solukhumbu District utilizing design discharge of 17.05 m³/s and gross head of 613.20 m, with CE Construction involvement in civil, hydro-mechanical, electro-mechanical, and transmission line works.
• Lower Jogmai Khola Hydropower Project (6.2 MW) Run-of-river hydropower project in Ilam District with installed capacity of 6.2 MW, in commercial operation since November 2021.
• Nilgiri Khola Hydropower Project Civil Works I (71 MW) Hydropower civil works contract in Myagdi District for 71 MW power generation, part of CE Construction's hydropower portfolio.
• Hotel Moxy (Marriott) construction Hotel construction project delivered for the Hotel Moxy (Marriott) brand in Nepal.
• Radisson Hotel construction Hotel construction project delivered for the Radisson Hotel Group brand in Nepal.
• Everest Bank head office construction Bank building construction project delivered for Everest Bank Limited in Nepal.
• Construction Management Services Construction management services delivered through the wholly-owned subsidiary Construction Management Service Pvt. Ltd., providing project management oversight for enterprise and infrastructure builds.

Quantifiable outcome

• Over 300 major projects completed successfully across construction, hydropower, real estate, and hospitality sectors.
• +3 more outcomes

Named customers17 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and strategic.

• Blue Energy Private LimitedcoreStrategic or Co-development Partner · 16 March 2023Blue Energy Pvt. Ltd. (BEBL), developer of the Super Trishuli Hydropower Project (100 MW), awarded CE Construction the EPC contract for Engineering, Procurement and Construction of civil works infrastructure including river diversion, concrete barrage, surface powerhouse, tailrace channel, switchyard, and associated hydro-mechanical works. This is Nepal's first highest MW capacity hydropower initiated by the private sector.
• Skat Consulting / Swiss Agency for Development Cooperation (SDC)strategicStrategic or Co-development Partner · 1 January 2005CE Construction collaborates with CESEF (Cost Effective, Social and Environment Friendly Building Materials and Techniques), a technology transfer project implemented by Skat Consulting and funded by Swiss Agency for Development Cooperation since January 2005. The collaboration focuses on clean building technology solutions, cost optimization, reduction of embodied energy, and generating local jobs through environment-friendly construction methods.
• Hydro Consult Engineering Ltd.coreTechnology or IntegrationDetailed Engineering Design for the Solu Khola Hydroelectric Project (86 MW) is being carried out by Hydro Consult Engineering Ltd.
• Sahas Urja Ltd.coreStrategic or Co-development PartnerGeneration License for the Solu Khola Hydroelectric Project (86 MW) was transferred to Sahas Urja Ltd. CE Construction is involved in civil, hydro-mechanical, electro-mechanical, and transmission line construction works for this project.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Larsen & Toubro (L&T): L&T is a much larger Indian diversified EPC conglomerate with hydropower, infrastructure, and real estate exposure. While its scale is many times CE's, its diversified EPC-and-infrastructure business model is the broad-incumbent benchmark against which CE's general contracting and project management capabilities are calibrated.
• Tata Projects: Tata Projects is a diversified Indian EPC company operating in urban infrastructure, industrial, and power transmission & distribution. Its mix of institutional building construction and power infrastructure EPC overlaps with CE's general contracting and transmission/hydropower civil works scope.
• Reliance Infrastructure: Reliance Infrastructure is an Indian infrastructure conglomerate with EPC, power generation (including hydroelectric), and real estate operations. Its diversified vertical mix (EPC + generation + real estate) parallels CE's general contracting, hydropower, and real estate triad.

Direct peers

• Ashoka Buildcon: Ashoka Buildcon is an Indian infrastructure EPC firm with road, power (transmission and small hydro), and water infrastructure operations. Its power EPC and civil-infrastructure focus align with CE's hydropower civil works and transmission line construction for NEA.
• KEC International: KEC is a leading global EPC firm in power transmission and distribution, comparable to CE's transmission line construction work for Nepal Electricity Authority (NEA) and embedded transmission scope within its hydropower projects.
• NCC Limited: NCC is an Indian construction and infrastructure company active in buildings, hydropower, transportation, and electrical projects. Its diversified contracting mix across hydropower civil works and commercial/institutional buildings closely parallels CE Construction's vertical portfolio.
• Shapoorji Pallonji Group: Shapoorji Pallonji is a diversified Indian conglomerate with construction, real estate, infrastructure, and energy businesses mirroring CE Construction's four-vertical model. Its mix of general contracting, real estate development, and infrastructure EPC makes it the closest diversified conglomerate comparable.
• Hindustan Construction Company (HCC): HCC is an Indian heavy-civil EPC and hydropower infrastructure contractor with a portfolio analogous to CE Construction's run-of-river hydropower civil works and infrastructure scope. Both firms operate as civil-works-focused contractors on third-party-owned hydropower and infrastructure projects, often in consortium/financing arrangements.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/construction_ce
• Facebookfacebook.com/ceconstructionpvtltd

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries21 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CE Construction