Nepal has the capacity to generate more than 83,000 MW of electricity from hydro power. Of this, about 44,000 MW is considered economically feasible. At present, the installed capacity of hydro power is less than 1000 MW, less than 2 percent of the total economically feasible potential. Of this, 144 MW or about 26 percent, is produced by private sector independent power producers (lPPs). Taking advantage of the new policy of welcoming private foreign investment in this sector, three joint-venture companies involving important foreign investors have been generating and selling hydro power on the build-operate-transfer basis for some years now. Several IPP projects are under construction.

There are excellent prospects for power exports of significant volume of electricity from Nepal to power deficit India (especially to the northern region). The time is right to explore the possibilities and invest in it. Moving in this direction would be in line with the increasing trade and economic cooperation between Nepal and India. There will also be significant market for domestic consumption of electricity, with economic growth and business and industrial expansion, as expected. Currently Nepal undergoes periodic load shedding in the dry season.

The range of the size of the projects for FDI in Nepal right now in terms of generation capacity and/or the size of investment is very wide, from relatively small hydropower generation schemes to very large hydro-power projects. There is thus a wide range of investment opportunities.

The ICTC Group has acquired a wealth of valuable practical experience over the years by being intimately associated with the development and implementation of a broad range of infrastructure and institutional support projects in Nepal. ICTC has successfully provided services entailing project business development, promotion and management support services to many international companies of well-repute from Europe, America and Asia interested in undertaking discrete or the entire works of a project, supply of proven equipments for multifarious applications and provision of technical and management services to Nepal. With our investment experience in sectors like tourism, marketing, manufacturing industry, information technology, consulting, etc and including in financial sectors, we are ably poised to promote a reputable international company in Nepal.

ICTC has successfully worked with world-renowned developers, investors, engineers, contractors and equipment manufacturers/vendors in all stages of development such as the initial survey and design, construction and supply and the operations and maintenance of major generation, transmission and distribution projects in Nepal. Our well acknowledged services have extended to all major public undertakings and also include Nepal's first Independent Power Producer (IPP).

With the experience and know-how accumulated from more than thirty years of dedication, ICTC is now forging ahead to promote further environmentally and socially sustainable hydropower development through private sector investment. Power projects being developed by ICTC and its subsidiaries South Asia Power Pvt. Ltd. (SAP) and ICTC Energy Pvt. Ltd. within this modality are in various stages of realization. With ICTC's policy to develop small and medium hydro projects with its own resources and to partner with international developers for bigger hydro projects, we believe the years ahead will soon witness ICTC's discernable accomplishments in this sector.

ICTC can become a local partner for developing big projects. ICTC has a unique and a rich experience in providing unparalleled local logistics and value added services to companies seeking business opportunities and hydro development opportunities in Nepal. We are able to provide all the required level of services from project identification through engineering and design services to construction management and commissioning. ICTC/SAP is currently exploring a number of new hydropower projects ranging from 5MW to 600MW. You can invest in one of these projects in partnership with ICTC.