Upper Trishuli-1 (IFC-35701)

Countries
  • Nepal
Where the impacts of the investment may be experienced.
Specific Location
Upper Trishuli River
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
NEPAL WATER AND ENERGY DEVELOPMENT CO PVT LTD
The holder of the loan, grant, or other investment.
Sectors
  • Energy
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS May 21, 2018

Disclosed by Bank Feb 11, 2015


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Project Description

This Project provides financing for a 216 MW run of river hydropower project on the Upper Trishuli river in Nepal. 

Investment Description
  • International Finance Corporation (IFC)
Contact Information

Contact:

Mr. Bo Seuk Yi
Title: CEO
Cell : +977 980 102 7111
E-mail: yikmhhyh@naver.com

Mr. Joon-hyung Kim
Title: Managerial Director
Cell  : +977 980 102 9222
E-mail: hyung9304@gmail.com

Mr. Ashok Baniya
Title: E & S Manager
Cell : +977 984 356 1308
E-mail: ashok.baniya@nwedc.com.np

ACCOUNTABILITY MECHANISM OF IFC

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/