Global IME Bank Leads Rs 19 Billion Super Tamor Project Financing

4th June 2026, Kathmandu

Global IME Bank Limited has officially assumed the leadership role in executing a massive financial management agreement for the 166 MW Super Tamor Hydropower Project.

Global IME Super Tamor

This highly anticipated corporate transaction represents a monumental milestone within the fast growing infrastructure investment sector of Nepal.

The comprehensive financial closure documentation was formally completed and signed during a high profile corporate meeting in Kathmandu. The deal brings together the primary project developer, Crystal Power Development Private Limited, and a powerful consortium of commercial banking institutions.

Energy sector analysts emphasize that securing large scale domestic capital remains a core challenge for major renewable energy installations. This collaborative banking agreement proves the rising financial capacity of local commercial banks to back capital intensive national priority projects without relying heavily on foreign currency loans.

Broad Institutional Banking Group Joins Forces for Energy Project

The legally binding consortium agreement maps out a highly resilient fiscal framework to fund the construction of the Super Tamor Hydropower Project. The total engineering, procurement, and construction costs for the venture are estimated at Rs 25 billion.

Under the structured syndicate guidelines, the participating financial institutions have collectively committed to inject an aggregate sum of approximately Rs 19 billion in project term debt. This collaborative approach allows individual banks to manage their exposure risks while participating in landmark green energy infrastructure.

The core corporate financing group consists of several leading banking institutions:

• Global IME Bank Limited serving as the designated Lead Bank for the syndicate.
• Siddhartha Bank Limited acting in the capacity of Co-lead arranger.
• Laxmi Sunrise Bank Limited participating actively as a Co-lead entity.
• Prabhu Bank Limited contributing to the pool as a Co-lead partner.
• Agriculture Development Bank Limited joining the group as a major state backing lender.
• Nepal SBI Bank Limited participating as a key commercial investment partner.

The combined institutional network provides deep financial security for the project operators. This wide backup guarantees steady fund disbursements as construction hits critical physical milestones over the coming years.

Granular Breakdown of Capital Investments by Syndicate Partners

The corporate credit structure defines the exact financial exposure and lending commitments of each participating institution. The individual investment metrics are organized as follows:

• Global IME Bank Limited is deploying a core fund of Rs 5 billion.
• Siddhartha Bank Limited is backing the deal with an allocation of Rs 4 billion.
• Laxmi Sunrise Bank Limited is contributing a matching sum of Rs 4 billion.
• Prabhu Bank Limited is injecting a dedicated credit line of Rs 3.5 billion.
• Agriculture Development Bank Limited is committing an investment of Rs 1.5 billion.
• Nepal SBI Bank Limited is completing the corporate debt package with Rs 1 billion.

The combined banking syndicate will collectively fund approximately 75 percent of the total project construction cost. The remaining 25 percent balance is being raised via equity contributions from primary project sponsors, corporate promoters, and upcoming public share subscriptions.

Strategic Geographical Footprint in Taplejung Mountain District

The 166 MW Super Tamor Hydropower Project is structurally located along the fast flowing waters of the Tamor River basin. The physical construction site falls entirely within the borders of the Phaktanglung Rural Municipality in Taplejung district.

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Given its massive Rs 25 billion price tag, the run of river project is designed to substantially elevate the total clean energy generation capacity of the country. It will play an essential role in stabilizing the national transmission grid during periods of high winter energy demand.

According to the official engineering blueprints, the entire project infrastructure is scheduled to reach commercial operation within a five year timeline from the official launch of heavy earthmoving operations. The developer is working to mobilize contractors to the site immediately.

Executive Management Teams Express Absolute Project Delivery Trust

Speaking during the formal signing ceremony, the Chief Executive Officer of Global IME Bank Limited, Surendra Raj Regmi, expressed great pride regarding the timely execution of the credit lines. He noted that the project is well positioned to finish on schedule due to the secure capital setup.

The banking executive explained that the massive power plant will help meet rising household electricity demand while boosting the country’s capability to export surplus energy to neighboring regional grids. The CEO extended his warmest professional wishes to the engineering team for a safe construction cycle.

This massive investment underscores how large corporate banks are shifting their focus toward sustainable green energy financing. By backing run of river projects, financial groups can secure reliable long term returns while actively reducing reliance on imported fossil fuels.

Prominent International Standing and Corporate Excellence Milestones

Global IME Bank Limited continues to receive widespread praise from both domestic financial regulators and prestigious international media institutions for its strong balance sheet management. The commercial bank has collected several highly coveted corporate awards over the years:

• The bank was named Bank of the Year in 2014 for its rapid structural growth.
• It secured the title of Best Internet Bank in 2016 for leading digital transition goals.
• The group won the acclaimed Best Bank Nepal title across 2024, 2025, and 2026.
• It proudly collected the Euromoney Award for Excellence in 2022, 2024, and 2025.
• The firm was recognized as the Best Bank ESG Nepal in 2024 for outstanding green financing.

These continuous institutional honors highlight the strong financial position of the lender within the domestic market. They also confirm its deep focus on introducing innovative banking systems that protect consumer interests.

Expansive National Branch Network Facilitates Inclusivity

Global IME Bank Limited holds the unique distinction of being the first private sector commercial banking enterprise in Nepal to establish a physical operational presence across all 77 districts of the country. The bank reaches its massive consumer base through a highly advanced delivery framework:

• The firm runs 344 fully staffed branch offices delivering premium commercial services.
• It maintains 385 high speed automated teller machines for instant cash access.
• The bank operates 147 specialized branchless banking units to serve remote farming valleys.
• It runs 69 extension and revenue counters inside busy government hubs.
• The group maintains 3 foreign representative offices to assist the migrant worker population.

Beyond domestic banking, the organization provides secure international remittance lines from over a dozen nations, including the United States, United Kingdom, Canada, Australia, Malaysia, South Korea, Japan, and India. This vast reach helps the bank channel foreign capital directly into major infrastructure projects like Super Tamor.

Conclusion

The signing of the Rs 19 billion financing pact for the 166 MW Super Tamor Hydropower Project marks a highly impressive milestone for the infrastructure sector in Nepal. Led professionally by Global IME Bank Limited, this multi bank consortium shows the incredible capacity of the local banking industry to fund massive renewable energy projects.

By providing 75 percent of the required capital for Crystal Power Development, the participating banks are ensuring a clear path for construction in Taplejung. This strategic venture not only improves national energy security but also showcases Global IME Bank’s ongoing commitment to driving sustainable economic growth across all provinces.

For More: Global IME Super Tamor