Nepal is blessed with abundant water resources combined with large geographical variations from the High Himalayas to the plain of the Terai within a short distance. Hydropower has been recognized as a sustainable source of energy. Its benefits are that it is non-polluting in the sense that it releases no heat or noxious gases, it has low operating and maintenance costs, its technology offers reliable and flexible operation, and hydropower stations have increased efficiencies along with long life. As a cheap, renewable source of energy with negligible environmental impacts, small hydropower has an important role to play in Nepal's future energy supply. Hydroelectricity can be utilized to boost the economic growth of the country. Considering all these aspects, Richet Jalbidhyut Company Pvt. Ltd. was established on 12th Chaitra 2070 and converted to a public limited company on 28th Ashad 2079. Richet Khola Small Hydropower Project at the bordering river between
