
About BEPL
Driving Sustainable Development in Nepal
Balephi Energy Pvt. Ltd. (BEPL) is the developer of the Balephi Khola Hydroelectric Project. We are focused on developing and implementing affordable renewable energy projects that enhance productivity and improve Nepalese living standards.
We are driven to use state-of-the-art technology that maximizes the potential of hydro products in Nepal. BEPL is proudly affiliated with the RM Group, led by Mr. Krishna Prasad Acharya, a conglomerate involved in diverse business sectors across the country.
Important Milestones
- Survey License: 2076/8/10
- EIA Approved: 2079.01.13
- PPA Signed with NEA: 2080/05/01
- Generation License: 2081/5/7




Our Flagship Project
Balephi Khola HEP
A 40.00 MW Run-of-River (ROR) project located in Jugal Rural Municipality, Sindhupalchowk District.
Technical Features
- Type of ProjectRun of River (ROR)
- Design discharge17.1 m³/s
- Gross head284.3 m
- Installed capacity40.03 MW
- Dry period energy35.04 GWh (15.39%)
- Wet period energy192.61 GWh (84.61%)
Project Status
Currently Under Construction.
Feasibility study completed, Grid connection agreement signed, PPA signed with NEA, Generation License obtained, Updated EIA report approved are all completed.
Private land purchase in progress, Civil work contracts being finalized, Topographical survey contracts signed, Design consultant signed, Explosives contract signed are in progress.
Site Access
Approximately 110 km from Kathmandu to Powerhouse:
Kathmandu → Dhulikhel → Dolalghat → Khadichour → Balefi Bazar → Powerhouse
Project Specifications
Salient Features
Detailed technical specifications and features of the Balephi Khola Hydroelectric Project.
Affiliated With
RM Group Energy Sector Involvement
Balephi Energy is proud to be part of the RM Group, which boasts an extensive portfolio of hydropower projects across Nepal.
Revenue Generating
- Bindhyabasini Hydropower (Rudi A & B) - 15.4MW
- United Modi Hydropower (Lower Modi 1) - 10MW
Under Construction
- Khimti 2 HEP - 48.8MW
- Langtang Khola HEP - 30MW
- Balephi Khola HEP - 40MW
Under Study
- Gupche Khola HEP - 7.5MW (Survey done, EIA ongoing)
- Ghunsa Khola HEP - 155MW (Survey & EIA ongoing)
Upcoming Projects
- Bheri 8 HEP - 140MW (Processing survey license)

Message from the Chairman
Committed to Energizing Nepal's Future
“As the Chairman of the RM Group and Chief of Management for Balephi Energy, I am proud to oversee our journey toward making Nepal self-reliant in energy production. Our commitment extends beyond generating power; we aim to uplift communities, protect the environment, and foster economic growth across the nation through sustainable hydropower development.”
Mr. Krishna Acharya
RM Group Chairman / Chief of Management
Leadership
Board of Directors & Management
Guided by experienced professionals in Nepal's business and hydropower sectors.

Mr. Krishna Acharya
RM Group Chairman / Chief of Management
Prominent business leader since 1972 (RARA Instant Noodles), involved in hydropower, banking, insurance, tourism. Exec. Chair of Peoples Energy, Chair of Multi Energy.
Mr. Dil Sundar Shrestha
BEPL Chairperson / Project Director
Established businessman (38 yrs). Exec. Committee Member FNCCI. Director at Peoples Energy, RM Power. Former Director Bindhyabasini Hydro.
Mr. Sudeep Acharya
BEPL Director / Managing Director
Active in promotion of Hydro-Electricity. Director at Bindhyabasini Hydro, Multi Energy, RM Power. Chairperson of RM Investment.
Mr. Ashish Shrestha
BEPL Director
Representing Seed Energy Ltd. Over 15 years experience in hotel, consulting, investment, and hydropower sectors.
Core Management Team
Mr. Janardan Aryal
General Manager / Company Secretary
Bachelors in Business Studies. Serving since 2065 in various projects including Khimti II, Rudi Khola, Langtang Khola, and Gupche HEP.
Mr. Ram Hari Sharma
Project Manager
Master of Advance Studies (MAS) in Tunnel Engineering, M.Sc. Engineering Geology. Involved in numerous mega projects like Upper Karnali (900MW), Tamor-Mewa, Middle Marsyangdi.
