Himal Hydro

What Himal Hydro does

Himal Hydro & General Construction Ltd. is a Nepal-based construction services company founded in 1978 and headquartered in Sanepa, Lalitpur, with a secondary office in Kalanki, Kathmandu. The company delivers civil and electromechanical construction across nine service lines: hydropower (2.6 MW to 456 MW projects including Upper Tamakoshi), tunnelling, transmission line construction (33 kV to 220 kV including Nepal's first 220 kV Khimti-Dhalkebar line), ropeways, water and wastewater management, road and bridge construction, buildings, specialized high-altitude construction, and engineering/consultancy. Its technology base relies on a modern owned equipment fleet — Jumbo Boomers for drilling, shotcrete robots, ventilation fans, Alimak raise climbers, and mine loaders/trucks — supported by the first deployment of the Pipe Canopy/Umbrella Method for tunnelling in Nepal. Customer base is concentrated on Nepali state-owned and private hydropower developers, with Nepal Electricity Authority and large IPPs (Upper Tamakoshi Hydropower, Sanima Mai, Butwal Power Company, GMR Upper Karnali, Madhya Bhotekoshi, Khudi Hydropower, Mountain Hydro Nepal) accounting for the bulk of disclosed work.

The business model is project-based: revenue is generated through one-time construction contracts won via competitive bidding or direct negotiation with government ministries, Nepal Electricity Authority, and private hydropower developers. Contract values range from NRs 309,233 for small transmission work to NRs 1.4 billion for major hydropower civil works. A secondary revenue stream comes from post-construction operation and maintenance services (e.g., a 5-year O&M contract for the Hetauda Industrial District wastewater treatment plant, executed in association with Denmark's MT Hojgaard). Go-to-market is direct enterprise field sales with no intermediary channels; marketing relies on website project showcases and social media presence rather than active demand generation. Ownership is private and government-influenced — 78.85% held by Nepal Jalabidyut Prabardhan Tatha Bikas Ltd. (NJPB), 11.45% by the Government of Nepal Ministry of Water Resources, 10.60% by United Mission to Nepal, and 0.10% by former senior employees — with Mr. Narayan Shrestha serving as Chairman of a Board that includes several directors representing shareholder interests.

Name

Himal Hydro

Legal name

Himal Hydro & General Construction Ltd.

Website

https://himalhydro.com.np

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

251–500 employees

Short description

Himal Hydro & General Construction Ltd., founded in 1978 and based in Lalitpur, Nepal, provides civil and electromechanical construction services — hydropower, tunnelling, transmission lines, ropeways, water and wastewater management, roads, bridges, and buildings — to Nepal Electricity Authority, government ministries, and private hydropower developers across Nepal.

Ownership category

akta.pro rank

Product category

Construction Services

NAICS

Heavy and Civil Engineering Construction (237), Utility System Construction (2371), Power and Communication Line and Related Structures Construction (237130), Water and Sewer Line and Related Structures Construction (237110)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Hydropower EPC & Construction (Civil Works, Electromechanical) (EUACAEAF)

akta.pro secondary industries

Hydro BOP Civil & Water Conveyance (Dams, Spillways, Penstocks, Canals) (EUAMAFAG), Hydropower Operations, Maintenance & Refurbishment (R&M/Life Extension) (EUACAEAG), Storage & Conveyance Structures (Reservoirs, Tanks, Culverts, Tunnels) (IMAFAGAE)

Keywords

• Hydropower construction
• Tunnelling services
• Transmission line construction
• Ropeway construction
• Infrastructure construction

Headquarters

HQ city

Kathmandu

HQ country

Nepal

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Construction Contracts: One-time project-based construction contracts for hydropower, tunnelling, transmission lines, ropeways, water/wastewater management, roads, bridges, and buildings. Revenue generated through competitive bidding and direct negotiations with government and private clients.
2. Operation and Maintenance Services: Post-construction operation and maintenance services, such as the 5-year O&M contract for Hetauda Industrial District wastewater treatment plant

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Himal Hydro & General Construction Ltd. provides end-to-end construction services for energy and infrastructure projects in Nepal, including hydropower (2.6 MW to 456 MW), tunnelling, transmission lines (up to 220 kV), ropeways/cable cars, water and wastewater management, roads, bridges, buildings, and engineering/consultancy. The company delivers these services through project-based contracts to government agencies (notably Nepal Electricity Authority) and private hydropower developers, supported by a modern equipment fleet and 2000+ field workers.

Product overview

Himal Hydro & General Construction Ltd is a construction services company providing comprehensive infrastructure development services in Nepal since 1978. The company operates as a single unified service offering across nine distinct construction service categories: Hydropower Construction, Tunnelling, Transmission Line Construction, Ropeways Construction, Water & Wastewater Management, Road & Bridge Construction, Building Construction, Specialized Construction, and Engineering/Consultancy Services. These services are delivered through a unified operational structure utilizing modern equipment fleet and qualified workforce to serve both public and private sector clients in Nepal's energy and infrastructure sectors.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Completed 150+ projects with 100+ satisfied customers over 40+ years
• +2 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• MT Hojgaard (Denmark)coreStrategic or Co-development Partner · 1 December 2003Joint execution of Drainage and Wastewater Management Project in Hetauda Industrial District. MT Hojgaard was the primary contractor with Himal Hydro as subcontractor. Following construction, Himal Hydro continued with successful operation and maintenance of the wastewater treatment plant for 5 successive years.
• HYUNDAI Engineering & Construction Co. Ltd.coreStrategic or Co-development PartnerJoint execution of 18.5 km Modi-Pokhara 132 kV transmission line project. Himal Hydro conducted surveying, soil investigation, foundation construction, and tower erection.
• Kalpa-TarucoreImplementation/ SI/ Consulting PartnerPartner for Khimti-Dhalkebar 220KV DC transmission line project (first 220kV transmission line in Nepal).
• Lahmeyer (Norway)coreStrategic or Co-development PartnerWorked on Upper Tamakoshi Hydroelectric Exploration Tunnel Project. Lahmeyer is an international engineering consultancy from Norway.
• Civil Construction Consortium (Statkraft Anlegg-Himal Hydro)coreStrategic or Co-development PartnerJoint consortium with Norwegian company Statkraft Anlegg for Khimti I Hydropower Project construction.
• Narendra-Himal Hydro JVminorStrategic or Co-development PartnerJoint venture for construction of 33/11/0.4 kV transmission lines in Dhanusha and Mahottari districts.
• Royal Army-HH JVminorStrategic or Co-development PartnerJoint venture for 132 KV 2nd circuit hotline stringing in Hetauda.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Patel Engineering Ltd: Indian specialist in hydropower, tunneling, and irrigation infrastructure with active Himalayan and South Asian exposure. Comparable scope and customer mix in hydro civil works and underground construction.
• Afcons Infrastructure Ltd: Indian infrastructure EPC with strong tunneling, hydro, and bridge capabilities. Highly comparable on tunneling methods and equipment fleet, and a direct peer on underground hydro civil works.
• Hindustan Construction Company (HCC): Indian contractor with deep hydropower and tunneling heritage including Himalayan projects. Comparable in civil-works execution, equipment intensity, and exposure to difficult geological conditions.
• Tata Projects Ltd: Indian EPC contractor with a significant hydropower, transmission, and tunneling portfolio across South Asia. Directly comparable in scope (civil construction for hydro/transmission) and customer type (state utilities and IPPs).
• MT Højgaard: Danish civil and infrastructure contractor; partnered with Himal Hydro on the Hetauda drainage and wastewater management project. Comparable on water/wastewater and industrial infrastructure EPC.
• Kalpataru Projects International Ltd: Indian EPC with a leading power transmission and distribution business; co-executed the first 220 kV line in Nepal with Himal Hydro. Direct peer on transmission line and substation construction.
• Doppelmayr / Garaventa Group: World leader in ropeway and cable car engineering and construction, with notable Himalayan installations. Direct peer on the ropeway construction line where Himal Hydro claims unchallenged capability in Nepal.

Broad incumbents

• Webuild S.p.A. Global hydropower and tunneling EPC (formerly Salini Impregilo) active across Asia. Comparable in hydro civil and tunneling execution, but at a far larger and internationally diversified scale.
• Larsen & Toubro (L&T Construction): India's largest EPC group with a broad hydro, transmission, and infrastructure portfolio. Competes for the same Nepali and South Asian tenders but as a much larger generalist rather than a hydro-focused specialist.
• PowerChina / SinoHydro: World's largest hydropower EPC contractor with extensive activity across South Asia. Comparable on hydropower civil works and tunneling scale, but operates as a global incumbent with vastly greater resources.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Himal Hydro