Peace Energy Company Pvt. Ltd. is a hydropower development company based in Kathmandu, Nepal, dedicated to producing safe, reliable, and sustainable clean energy. Currently constructing the 28.1 MW Upper Kabeli Hydropower Project, we prioritize operational excellence, transparency, and community development. With a commitment to corporate responsibility, we create jobs, enhance infrastructure, and drive Nepal’s transition to renewable energy.
Direct Jobs Created
Clean Energy
Upgraded Road
Contributed to Local Community
Upper Kabeli Hydropower Project
Sirijangha Rural Municipality, Taplejung District
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Producing Energy That Powers:
67,000 Electric Cars
90,571 Homes
Currently, Peace Energy is constructing the 28.1 MW Upper Kabeli Hydropower Project in Taplejung, Nepal. After securing the necessary government licenses and signing a 30-year Power Purchase Agreement (PPA) with Nepal Electricity Authority (NEA), we commenced construction on January 1, 2024. As of December 2024, we have completed 26% of the construction and are on track to complete the project October 2026, which is prior to the commercial operation date (COD) January 2027 agreed with the NEA. The total estimated cost of the project is NPR 5,646,899,000.