5th November 2024, Kathmandu
CEDB Hydropower Development Company Limited has successfully concluded its extraordinary general meeting.
CEDB Hydropower General Meeting
During the meeting, the company approved changes to its rules and regulations to ensure compliance with government regulations. This decision will enhance the company’s governance and operational efficiency.
Five new directors were elected to the board, representing the interests of general shareholders. These new members will bring fresh perspectives and expertise to the company’s leadership.
CEDB Hydropower is a leading hydropower company in Nepal, committed to sustainable energy production. The company aims to contribute to the country’s energy needs while protecting the environment.
With the recent changes, CEDB Hydropower is well-positioned to continue its mission of providing reliable and clean energy to Nepal.
About CEDB Hydropower
CEDB Hydropower Development Company Limited (CHDC), a public limited company incorporated on Mangsir 15, 2066 (November 30, 2009), was founded by the then Clean Energy Development Bank. Established under the prevailing laws of Nepal, CHDC aims to provide essential equity investment for hydropower projects, thereby addressing Nepal’s growing energy needs and contributing to sustainable national development.
CHDC is ISO 9001:2015 certified for its provision of equity investment in hydropower projects, a testament to its commitment to maintaining quality and excellence in its operations. The company leverages its experience and resources to drive forward innovative and environmentally responsible energy solutions, positioning itself as a key player in Nepal’s hydropower sector. Through partnerships and efficient project management, CHDC continues to support energy self-sufficiency, reduce reliance on imported energy, and promote the use of clean, renewable resources across the nation.