Chilime Hydropower and Arun Valley Company Limited develops and supplies hydroelectric energy.
Chilime and arun valley hydro power
Financial Analysis of Chilime and Arun
Introduction of Hydropower
Development Policy in 1991 and
Electricity Act in 1993 opened new
avenues for private sector to invest in
Chilime Hydropower Company Limited (Chilime) was
incorporated in 1995 with an objective of hydroelectricity
generation through optimal utilization of resources within the
Located in Rasuwa district and it owns and operates 22.1 MW
power plant commissioned on August 25, 2003
It sales bulk electricity to NEA at the long term Power
Purchase Agreement (PPA) price
Chilime, through its three subsidiaries, is developing four
hydropower projects with aggregate capacity of 270.3 MW.
Arun Valley Hydropower Development Company Limited was
established in 1997.
The company is converted into public limited company in August
2005. The company floated 30% of its share to public.
It own Piluwakhola Hydropower Project (3MW).
The company has signed Power Purchase Agreement (PPA) with
Nepal Electricity Authority on 23 January 2000.
The company is also planning to develop multi-purpose projects
that will include any combination of hydro, irrigation, drinking
water, flood control, fishery, and so on.
Total financing cost of Chilime at the time of
completion of its project in Rasuwa was Rs 2.5
Rs 960 million was financed through equity
investment, rest of the amount was collected from
Paid back its loan within 3 years.
Now it has paid up capital of Rs 1.35 billion.
Is investing around Rs 7 billion in four projects
within the course of the next five years.
Had made a net profit of Rs.777.43 million in fiscal
Again made a net profit of Rs. 843.14 million in fiscal
During the last fiscal year of 2009/2010 dividends
were not given..
This fiscal year of 2010/2011 dividends of Rs.495.36
millions were paid away.
1. Profitability status
2. Capital Structure
Rs.726.9 million of Chilime versus Rs.226.56 million of
3. Capital Composition
Both companies were established with 2/3 of debt but right now
only Arun Valley has the debt in the capital structure
4. EPS DPS and number of shareholders
Shareholders 7.296m 8.256m