Hydropower - Nepal's Backbone
We're backing Nepal's essential power sector. The Himalayas give the country one of the world's largest untapped resources — a theoretical potential of 83,000 MW, with around 43,000 MW economically feasible. Yet only about 3,500 MW has been built so far — roughly 8% of what's viable.
The real edge is exports. Domestic demand is still small, so Nepal is pushing power to India and Bangladesh. They're already exporting around 1,000 MW daily, new transmission lines are going up, and long-term deals are in place.
It's clean, reliable energy that cuts fuel imports, creates jobs, and drives steady growth. Plants run for decades with almost no fuel cost and government-backed contracts — a true defensive play. Construction delays and politics are the main risks, but the ones that get finished deliver predictable returns for 40 to 50 years. This is the foundation a developing nation runs on.
