Hi, Call me Badri!

Enjoy Financial Analysis of Publicly Listed Hydropower Projects

About Me

Civil engineer by training. Engaged in the development of electric power industry of Nepal from the public sector.

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Years of experience in electric power industry under Ministry of Energy, Water Resources and Irrigation.

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Awards ADB-JSP Scholarship and Shivaraj Pant Memorial Prize.

Blog

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Asset monetization Vs IPO of Nepal Electricity Authority.

A recent announcement by the Nepal Electricity Authority (NEA) regarding its intention to issue an Initial Public Offering (IPO) to raise approximately Rs 60 billion has garnered positive public attention.

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The Rising Need to Monitor Hydropower Projects.

Over the past three decades, Nepal has witnessed tremendous progress in realizing her hydropower potential utilizing the private capital. The policy ecosystem designed for the energy sector has continuously encouraged Banks and Financial Institutions (BFIs) to lend massive amounts of capital required for hydropower projects.

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Resume

Specific interest in infrastructure financing, public private partnership and electric power industry regulation.

Education

Master's degree & Civil Engineering

2019 - 2021

The University of Tokyo

Graduated from the department of civil engineering, construction management and infrastructure systems laboratory. Master's Thesis under the supervision of Prof. Kazumasa Ozawa.

Engineer's Degree & Civil Engineering

2011 - 2014

Tribhuvan University, Institute of Engineering

High School

2008 - 2010

Universal College H.S School

Professional Experience

July 2022 - Present

Department of Electricity Development (DoED), Ministry of Energy, Water Resources and Irrigation

  • Section Head of License Division
  • To oversee the license application of private developers for hydropower and solar projects. Issue the generation license of hydropower and solar projects to the private developers.

October 2021 - Jul 2022

Department of Electricity Development, Ministry of Energy, Water Resources and Irrigation

  • Facilitating private developers' applications to grant survey license for hydropower projects.
  • Review the technical feasibility studies of hydropower projects submitted by private developers as per the Guidelines for the Study of Hydropower Projects, 2018.

February 2018 - October 2021

Ministry of Physical Infrastructure Development, Province Government, Bagmati Province

  • Facilitate 13 Water Resources and Irrigation Development Division and 2 Ground Water Resources and Irrigation Development Division of Bagmati Province.
  • Implementation of small-scale renewable and alternative energy projects (off-grid solar, distributed solar PV, biogas, biomass) in Bagmati Province.

August 2015 - February 2018

Department of Electricity Development, Ministry of Energy Water Resources and Irrigation, Government of Nepal

  • Involved in procurement of consultancy services (ICB-International Competitive Bidding) for the technical feasibility and environmental impact assessment (EIA) study of Sunkoshi-2 (SU-2, 978 MW) and Sunkoshi-3 (SU-3, 683 MW) Storage-Type Hydropower Projects.
  • Client engineer to oversee the consulting services provided by the consultant for SU-2 and SU-3 projects up to the field investigations reporting phase.
  • Involved in the technical feasibility study and EIA study of Jhimrukh Storage-Type Hydropower Project (97.7 MW) from inception reporting phase to the interim design report phase.
  • Inspection of various hydropower projects under construction.

August 2015 - February 2018

Himalaya College of Engineering, Tribhuvan University, Lalitpur, Nepal

  • Taught bachelor level engineering classes on Computational Techniques in Civil Engineering, Theory of Structures and Time Series Analysis.

Publications

विद्युत ऐन, २०४९ को आलोकमा प्रस्तावित विद्युत विधेयकको उत्पादन अनुमतिपत्रको व्यवस्था

Kuikel, B. (2025). विद्युत ऐन, २०४९ को आलोकमा प्रस्तावित विद्युत विधेयकको उत्पादन अनुमतिपत्रको व्यवस्था. 32nd Annual Report of Department of Electricity Development (DoED), 91-94

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Missing Rationale and Discussion on Unbundling of Nepal Electricity Authority

Kuikel, B. (2024). Missing Rationale and Discussion on Unbundling of Nepal Electricity Authority. 31th Annual Report of Department of Electricity Development (DoED), 85-88

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Financial Analysis Dashboard (For Publicly Listed Hydropower Projects)

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Assumptions

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1. Financial analysis is based on publicly available information and above assumptions.

2. Hundred percent evacuation of electricity considered in the analysis.

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Projected Return on Equity(%) - --

Disclaimer: Actual figures shall vary. Please do not make any investment decision solely based on this chart. Take experts advice, refer financial reports and invest wisely.

Explore Hydropower Projects Map

View interactive map with all hydropower projects and their geographical locations

Contact

Tenzing Chowk
Boudha 6, Kathmandu Nepal

badrikuikel[at]gmail.com