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Statkraft and Eviny sell all shares in Nepalese Himal Power Ltd to Butwal Power Company
Globenewswire·2025-09-26 06:27

(Oslo/Bergen 26 September 2025) Statkraft and Eviny have signed an agreement with Nepalese local partner Butwal Power Company (BPC) to sell their 57 and 26 percent shareholdings in Himal Power Limited (HPL). With this transaction, BPC will own 100 percent of the shares in HPL. HPL owns the 60 MW Khimti I Hydropower Plant which started operations in 2000. This initiative is consistent with Statkraft’s strategy of exiting South Asia and focusing on key markets in Europe and South America.The construction of t ...