About Us

“About Siddhi Hydropower Company Limited: Driving Sustainable Energy Solutions”

About Us

“About Siddhi Hydropower Company Limited: Driving Sustainable Energy Solutions”

Welcome to Siddhi Hydropower - Where Nature Meets Innovation for a Brighter Tomorrow

Siddhi Hydropower Company Limited is a leading provider of clean and sustainable hydroelectric power solutions in Nepal. With a commitment to excellence and environmental responsibility, we strive to meet the energy needs of communities while preserving the natural beauty of our surroundings. Contact us to learn more about our innovative projects and how we’re shaping a greener future.

Timeline

Our Journey: Milestones in Siddhi Hydropower’s Development

Within Falgun 2080

Road to IPO

Agreement with underwriter and issue manager

Within Ashoj 81/82

Road to IPO

Listing in Nepal Stock Exchange

Dec 13, 2023

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Dec 13, 2023

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Dec 13, 2023

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Dec 13, 2023

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Dec 13, 2023

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Dec 13, 2023

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Dec 13, 2023

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Dec 13, 2023

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Within Falgun 2080

Road to IPO

Agreement with underwriter and issue manager

Within Ashoj 81/82

Road to IPO

Listing in Nepal Stock Exchange

Dec 13, 2023

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Dec 13, 2023

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Dec 13, 2023

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Dec 13, 2023

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Dec 13, 2023

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Dec 13, 2023

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Our Mission

Enhance the hydropower business

Our mission at Siddhi Hydropower Company Limited is to harness the natural energy of water to power sustainable development in Nepal. Through innovative solutions and a commitment to environmental stewardship, we strive to provide reliable and clean electricity while contributing to the prosperity of our communities and the preservation of our planet.

Our Vision

Enhance the hydropower business

Our vision at Siddhi Hydropower Company Limited is to be a leading force in the renewable energy sector, driving transformative change towards a future powered by clean and sustainable hydroelectric power. We aspire to be recognized globally for our commitment to excellence, innovation, and responsible energy development, while positively impacting the lives of people and the environment in Nepal and beyond.

Board of Directors

Meet our esteemed Board of Directors leading Siddhi Hydropower with strategic vision and industry expertise, driving sustainable growth in Nepal’s hydroelectric sector.

Santosh Raj Nepal

CHAIRMAN

Mr. Nepal, a seasoned director in the hydropower sector and Nepalese financial markets, brings expertise in portfolio management and organizational strategies, backed by an MBA in Finance. With notable roles in companies like Samriddhi Energy Pvt. Ltd and Peoples Power Limited, he consistently drives growth and success.

Animesh Halwai

MANAGING DIRECTOR

Mr. Halwai, a seasoned finance professional, brings extensive experience as former public director at Global IME Laghubitta Bittiya Sanstha Ltd and current Chairman of Next Properties Pvt Ltd. His leadership extends to roles at rem.work and Next Holdings Ltd. With an Executive MBA, he drives organizational success through strategic procurement, deal finalization, and stakeholder relationship management, fostering growth and exceptional results.

Bishwonath Kadel

DIRECTOR

Mr. Bishwonath Kadel is a distinguished veteran in Nepal’s hydropower sector, contributing significantly to its development. With vast experience and expertise, he shapes the industry’s landscape, holding directorship and key promoter roles in multiple companies. His visionary leadership drives success and advances the sector, earning him deep respect within the hydropower community.

Nirakaar Sharma

DIRECTOR

Mr. Nirakaar Sharma, Director of Next Properties Pvt Ltd, oversees housing development in Deuba Chowk, Budhanilkantha. He’s also Head of Finance at RemWork, serving multinational clients like Httpool, SMEC, and DAI. With a Bachelor’s in Business Administration from Apex College, specializing in Banking and Insurance, Mr. Sharma brings robust finance expertise and industry knowledge to his roles.

Apsara Upreti

DIRECTOR

Ms. Apsara Upreti serves as a Director of Next Holdings Limited and as a Public Director representing the general public shareholders on the Board of Nepal SBI Bank Limited. She has been serving her second consecutive term as a Public Director of Nepal SBI Bank Limited.
Ms. Upreti is actively involved in the investment, hydropower, and construction sectors and brings more than a decade of professional experience in the financial services industry, including extensive exposure to auditing and credit rating.
Ms. Upreti holds a Chartered Accountancy (CA) qualification from the Institute of Chartered Accountants of Nepal (ICAN) and a Master’s Degree in Business Studies (MBS). She is also a Chartered Financial Analyst (CFA) charterholder from the CFA Institute, USA. Her extensive professional experience and financial expertise contribute to her roles in corporate governance, investment, and strategic business development.

Tanuja Aryal

INDEPENDENT DIRECTOR

Sanjiv Raj Nepal

CHIEF EXECUTIVE OFFICER

Maj. Sanjiv Raj Nepal (Rtd.) is a retired Nepalese Army officer with 20 years of commissioned service, from September 2005 to April 2026. He retired at the rank of Major with a record certified as unblemished and meritorious by the Military Secretary Department, Nepali Army .
His career combines command of personnel, operational logistics and the security of high-value national assets. He served on two United Nations missions: as Transportation Officer with UNMISS in South Sudan and as Human Resource Management Officer with UNSMIL in Libya.
He now brings this experience to executive leadership. His background in asset protection, disaster mitigation and coordination with ministries, civil administration and local communities applies directly to infrastructure and hydropower operations.Honours and recognition
* United Nations Medal, awarded twice (UNMISS and UNSMIL)
* Chief of Army Staff (COAS) Commendation Badge, Nepali Army
* Nature Conservation Medal
* Letter of Appreciation from the Military Secretary Department (14 May 2026), certifying 20 years of unblemished, meritorious service
* Force Commander Recommendation Letter

Meet our Management team

Get acquainted with our dedicated management team, driving Siddhi Hydropower’s operational excellence and strategic initiatives, ensuring sustainable energy solutions for Nepal.