The 216MW Upper Trishuli 1 Hydropower Project is being developed under build-own-operate-transfer model. The project is partially funded by International Finance Corporation and Asian Development Bank as well.
The project is promoted by Korean company Nepal Water and Energy Development Company. The company has already made PPA with Nepal Electricity Authority in USD. According to the agreement, NEA will purchase the electricity at Rs 8.40 per unit in dry season and at Rs 4.80 per unit in rainy season.