9th Annual Report

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gjf}+ aflif{s k|ltj]bg

cfly{s jif{ @)&^÷)&&

dWo ef]6]sf]zL hnljB't cfof]hgf


-!)@ d]=jf=_

dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


MADHYA BHOTEKOSHI JALAVIDYUT COMPANY LIMITED
dxf/fhu+h, sf7df08f}
kf]=a=g+= M @#%((
kmf]g g+= M )!–$&@!^$!÷$&@!^$@
ofS; M )!–$&@!^$#
Od]n M admin@mbjcl.com.np
j]a;fO6 M www.mbjcl.com.np
dWo ef]6]sf]zL hnljB't sDkgL lnld6]8
sf=d=g=kf=–#, dxf/fhu+h, sf7df8f}+
k||ltlglw lgo'Qm ug{] kmf/d -k|f]S;L_
============================== lhNnf ========================== g=kf=÷uf=kf= j8f g+= ====a:g] d÷xfdL To; ;+:yfsf] z]o/wgLsf]
x}l;otn] ldlt @)&& ;fn kf}if !# ut] ;f]daf/ -@* l8;]Da/ @)@)_ sf lbg x'g] gjf}+ aflif{s ;fwf/0f ;efdf :jo+
pkl:yt eO{ 5nkmn tyf lg0f{odf ;xefuL x'g g;Sg] ePsfn] pQm ;efdf efu lng tyf dtbfg ug{sf nflu
d]/f]÷xfd|f] k|ltlglwTj u/L efu lng ===================== lhNnf= ================ =============== g=kf=÷uf=kf= a:g] To;
;+:yfsf z]o/wgL >L ================================= z]o/wgL g+=====================nfO{ d]/f]÷xfd|f] k|ltlglw dgf]gog u/L
k7fPsf] 5'÷5f}+ .
k|ltlglw x'g]sf] k|ltlglw lgo'Qm ug{]sf]
Gffd M gfd M
Od]n 7]ufgfM Od]n 7]ufgfM
b:tvt M b:tvt M
z]o/wgL g+=÷aLcf]cfO8L g+= z]o/wgL g+=÷aLcf]cfO8L g+=
z]o/ ;+Vof M z]o/ ;+Vof M
ldlt M ldlt M
b|i6JoM of] k|f]S;L kmf/d ;fwf/0f ;ef x'g' eGbf $* 3G6f cufj} sDkgLsf] Od]n 7]ufgf admin@mbjcl.com.np dfkm{t
k7fO{ btf{ u/fO{ ;Sg' kg]{5 .
=========================================================================================================================================================

dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


sf=d=g=kf=–#, dxf/fhu+h, sf7df8f}+
ldltM @)&&.)(.!#

k|j]z–kq
z]o/wgLsf] gfd M
z]o/wgL g+=÷aLcf]cfO8L g+= M
s'n z]o/ ;+Vof M
z]o/wgLsf] ;xL M
sDkgL ;lrj
-;fwf/0f ;efdf efu lng of] k|j]z kqdf ljj/0fx? k|ljli6 u/L cfˆgf] kl/ro v'Ng] k|df0fkq;lxt Od]n 7]ufgf
admin@mbjcl.com.np df k7fpg' x'g cg'/f]w 5 ._
jflif{s k|ltj]bg
@)&^÷)&&

ljifo ;"rL M
ljj/0fx? k[i7
aflif{s ;fwf/0f ;efsf] ;"rgf !
;fwf/0f ;ef;DaGwL ;fdfGo hfgsf/L @
;~rfns ;ldltsf] tkm{af6 gjf}+ aflif{s ;fwf/0f ;efdf cWoIfHo"n] k|:t't ug'{x'g]
cf=a= @)&^.)&& sf] aflif{s k|ltj]bg #–!*
cfof]hgf lgdf0f{ :ynsf] /]vf+sg !*
cf=a= @)&^.&& sf] n]vfk/LIf0f ePsf ljQLo ljj/0fx? !(–$(
cfof]hgfsf] k|fljlws ljj/0f $(–%)
cfof]hgfsf] ultljlwx¿ tl:a/df %!–%$

dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


jflif{s k|ltj]bg
@)&^÷)&&

cfly{s /fli6«o b}lgsdf k|yd k6s ldlt @)&& d+l;/ !( ut]sf lbg
tyf
bf];|f] k6s ldlt @)&& d+l;/ @! ut]sf lbg k|sflzt ;"rgf M

dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


dxf/fhu+h, sf7df8f}+

gjf}+ jflif{s ;fwf/0f ;ef;DaGwL ;"rgf .


o; sDkgLsf] ldlt @)&&.)*.!& df a;]sf] ;~rfns ;ldltsf] @@&cf}+ a}7ssf] lg0f{ofg';f/ o; sDkgLsf] gjf}+ aflif{s
;fwf/0f ;ef lgDglnlvt ldlt, ;do / :yfgdf a;L lgDg ljifox¿ pk/ 5nkmn tyf lg0f{o ug]{ ePsf] x'Fbf ;Dk"0f{ z]o/
wgL dxfg'efjx¿sf] hfgsf/Lsf] nflu cg'/f]w ul/Psf] 5 . ljZjJofkL?kdf km}lnPsf] sf]/f]gf efO/; -COVID-19_ g]kfndf
klg dxfdf/Lsf] ?kdf km}lnO/x]sf] kl/k|]Iodf g]kfn ;/sf/n] hf/L u/]sf ;'/Iff dfkb08x¿;d]tsf] k"0f{ kfngf u/L ;ef
;~rfng ug{‘kg]{ cj:yf ePsf]n] o:tf] ljz]if kl/l:yltnfO{ dWogh/ u/L ;fwf/0f ;efdf pkl:yt x'g tyf efu lngsf]
nflu ljB'tLo dfWod -er'{cn – Google Meet_ af6 ;efdf efu lng] Joj:yf ldnfOPsf] x'Fbf ljB'tLo dfWodaf6 pkl:yt
eO{ efu lnO{ lbg'x'g klg cg'/f]w 5 .
;fwf/0f ;ef x'g] :yfg, ldlt / ;do M
ldltM @)&&.)(.!# ut], ;f]daf/ -tbfg';f/ l8;]Da/ @*, @)@)_ .
;doM laxfg !!M)) ah] .
:yfgM lrlnd] hnljB't sDkgL ln=sf] s]G›Lo sfof{no, w'Djf/fxL, sf7df8f}+af6 er'{cn–Google Meet dfkm{t
;fwf/0f ;ef ;~rfng x'g]5 .
-ljB'tLo dfWodaf6 ;efdf efu lng z]o/wgLx?nfO{ Meeting ID / Password pknAw u/fOg]5 ._
;fwf/0f ;efdf 5nkmn x'g] ljifo;"rL M
-!_ ;~rfns ;ldltsf] tkm{af6 cWoIfHo"af6 cf=a=@)&^.)&& sf] aflif{s k|ltj]bgsf] k|:t'lt / ;f] sf] :jLs[lt .
-@_ n]vfk/LIf0f k|ltj]bg;lxt @)&& ;fn cfiff9 d;fGtsf] jf;nft / cfly{s jif{ @)&^.)&& sf] cfo ljj/0f tyf gub
k|jfx ljj/0f / cg';"rLx¿ ;lxtsf] ljQLo ljj/0fx¿df 5nkmn u/L kfl/t ug]{ .
-#_ cf=a=@)&&.)&* sf] lx;fa n]vfk/LIf0f ug{ n]vfk/LIfssf] lgo'lQm tyf lghsf] kfl/>lds lgwf{/0f ug]{ .
-$_ ljz]if k|:tfjM
ljleGg ;+3 ;+:yfx?nfO{ cfly{s ;xfotf lbOPsf] /sd cg'df]bg ;DaGwdf .
-%_ ljljw .
;~rfns ;ldltsf cf1fn],
sDkgL ;lrj

›i6AoM ljB'tLo dfWod -er'{cn–Google Meet_ af6 jflif{s ;fwf/0f ;ef ;~rfng ;DaGwL lj:t[t ljj/0f Pj+ jflif{s
;fwf/0f ;ef ;DaGwL cGo hfgsf/Lx¿ o; sDkgLsf] j]a;fO6 -www.mbjcl.com.np_ df /flvPsf] x'Fbf ToxfFaf6 x]g{
x'g cg'/f]w ul/G5 .

dWo ef]6]sf]zL hnljB't sDkgL lnld6]8 1


jflif{s k|ltj]bg
@)&^÷)&&

;fwf/0f ;ef;DaGwL ;fdfGo hfgsf/L M


!= ljZjJofkL ¿kdf km}lnPsf] sf]/f]gf efO/; -sf]le8–!(_ g]kfndf klg dxfdf/Lsf] ¿kdf km}lnO{ /x]sf] / o;sf] /f]syfd tyf
lgoGq0f ug]{ k|of]hgsf] nflu g]kfn ;/sf/n] ljleGg ;'/Iff dfkb08x¿ lgwf{/0f u/L To;sf] k"0f{ kfngf ug{ u/fpg ;"lrt
ul//x]sf] kl/k|]Iodf ;fwf/0f ;ef ;+rfng ubf{ ljz]if ;'/Iffsf] Joj:yf ug{‘ kg]{ ePsf] 5 . ctM o; ljz]if kl/l:yltsf sf/0fn]
;fwf/0f ;efdf pkl:yt x'g tyf efu lngsf] nflu ljB'tLo dfWod -er'{cn–Google Meet_ af6;d]t ;efdf efu lng
;lsg] Joj:yf ldnfOPsf] x'Fbf ljB'tLo dfWodaf6 ;fwf/0f ;efdf efu lnO{ lbg' x'g z]o/wgL dxfg'efjx¿nfO{ ;fb/ cg'/f]w
ul/Psf] 5 . ljB'tLo dfWodaf6 ePsf] pkl:yltnfO{ ;ef :yndf pkl:yt eP ;/x dfGotf x'g] Joj:yf ul/Psf] x'Fbf sf]/f]gf
efO/; -sf]le8–!(_ sf] ;+qmd0faf6 aRg / arfpg cgnfOg -er'{cn–Google Meet_ ljB'tLo dfWodaf6 pkl:yt eO{ ;ef
;+rfng ug{ ;xof]u ul/lbg' x'g ;a} z]o/wgL dxfg'efjx¿nfO{ xflb{s cg'/f]w 5 . ;fwf/0f ;ef z'? x'g'eGbf Ps 306f cufj}
b]lv Virtual Meeting df ;xefuL x'g ;lsg] u/L v'Nnf ul/g]5 .
@= ;fwf/0f ;efdf efu lng Meeting ID / Password sf] lgldQ sDkgLsf] Od]n admin@mbjcl.com.np df ;dod}
Odn dfkm{t ;Dks{ u/L k|fKt ug{ ;lsg] Joj:yf ul/Psf] 5 . ;fwf/0f ;efdf efu lng] z]o/wgL dxfg'efjx?n] cfˆgf] gfd,
lacf]cfOl8 g+= / s'n z]o/ ;+Vof v'nfO{ cfkmgf] kl/ro v'Ng] k|df0f–kq ;lxt Od]n k7fpg' kg]{5 . o;sf] nflu sDkgLsf]
j]a;fO6df pknAw u/fOPsf] k|j]z kq kmf/fd;d]t k|of]u ug{ ;Sg' x'g]5 . ;fy} clGtd ;dodf ;Dks{ ubf{ z]o/wgLx?sf]
klxrfg Verification u/L ID / Password k7fpg k|fljlws sl7gfO{ kg{ ;Sg] ePsf]n] ;dodf g} ;Dks{ u/L sDtLdf @
-b'O{_ lbg cufj} ID / Password lng ;d]t cg'/f]w 5 . ;fy} z]o/wgLn] pknAw u/fpg' ePsf] ;f]xL Email Address df
jflif{s ;fwf/0f ;efsf] k|ltj]bg ;d]t k7fOg] Joxf]/f cg'/f]w 5 .
#= cfˆgf] dGtJo÷lh1f;f /fVg rfxg' x'g] z]o/wgL dxfg'efjx?n] ;ef x'g' eGbf sDtLdf $* 306f cufj} laxfg !)M)) ah]
b]lv $M)) ah] leq admin@mbjcl.com.np df Od]n u/L jf sDkgL ;lrjnfO{ ;Dks{ u/L cfˆgf] gfd / Od]n 7]ufgf
l6kfpg' kg]{5 / To;/L ;Dks{ ug'{ x'g] z]o/wgL dxfg'efjx¿nfO{ ;efdf dGtJo /fVg Meeting ID / Password pknAw
u/fOg]5 . o; k|of]hgsf] nflu z]o/wgL dxfg'efjx?n] o; sDkgLsf] j]a;fO6df /flvPsf] dGtAo÷lh1f;f kmf/fd;d]t k|of]u
ug{ ;Sg' x'g]5 .
$= sDkgLsf z]o/wgLx?n] cfkm} jf k|ltlglw dfkm{t ljB'tLo dfWod -er'{cn–Google Meet_ af6 ;efdf efu lng / 5nkmn
ug{ ;Sg]5g\ .
%= ;fwf/0f ;efdf efu lng k|ltlglw -k|f]S;L_ lgo'Qm ug{ rfxg] z]o/wgLx?n] k|rlnt sDkgL sfg"gn] tf]s]sf] 9fFrfdf k|ltlglw
kq -k|f]S;L_ kmf/d e/L ;ef z'? x'g' eGbf slDtdf $* 306f cufj} cyf{t\ ldlt @)&&.)*.!! ut] ljxfg !!M)) ah]leq
sDkgLsf] Od]n admin@mbjcl.com.np dfkm{t k7fO{ btf{ u/fO{ ;Sg'kg]{5 . sDkgLsf] z]o/wgL afx]s c?nfO{ k|f]S;L lbg
kfOg] 5}g . o; k|of]hgsf] nflu z]o/wgL dxfg'efjx?n] o; sDkgLsf] j]a;fO6df /flvPsf] k|f]S;L kmf/fd;d]t k|of]u ug{
;Sg' x'g]5 .
^= Ps hgf z]o/wgLn] Ps eGbf a9L k|ltlglw -k|f]S;L_ d's// u/]df ;a} k|ltlglw -k|f]S;L_ :jtM ab/ x'g]5 . t/ k|ltlglw
-k|f]S;L_ lgo'Qm ul/;s]kl5 ;DalGwt z]o/wgLn] k|ltlglw km]/abn ug{ rfx]df o; cl3 lbPsf] k|ltlglw -k|f]S;L_ ab/ u/L of]
k|ltlglwkq -k|f]S;L_ nfO{ dfGotf lbOof];\ eGg] Joxf]/fsf] 5'§} kq;lxt k|f]S;L kmf/d sDkgLsf] Od]n admin@mbjcl.com.np
df ;ef z'? x'g'eGbf slDtdf $* 306f cufj} btf{ u/fPsf] cj:yfdf cl3Nnf] k|ltlglw -k|f]S;L_ :jtM ab/ ePsf] dfgL kl5Nnf]
k|ltlglw -k|f]S;L_ nfO{ dfGotf lbOg]5 .
&= a'bf g+= #, % / ^ df pNn]lvt lbg ;fj{hlgs labf k/]df ;d]t ;f] k|of]hgsf] nflu sDkgLsf] cflwsfl/s Od]n 7]ufgf
admin@mbjcl.com.np dfkm{t kqfrf/ ug{ v'Nnf /xg]5 .
*= ljljw zLif{s cGtu{t k|Zg ug{ rfxg] z]o/wgLn] cfkm"n] k|Zg ug{ rfx]sf] ljifoaf/] ;ef x'g'eGbf & -;ft_ lbg cufa}
sDkgLsf] s]G›Lo sfof{nodf hfgsf/L lbg'kg]{5 . To;/L hfgsf/L glbPsf] laifo pk/ 5nkmn ug{ ;lsg] 5}g .
(= ;fwf/0f ;ef;DaGwL yk hfgsf/L cfjZos k/]df sfof{no ;doleq sDkgLsf] s]G›Lo sfof{nosf] kmf]g g+= )!–$&@!^$!,
$&@!^$@ / Od]n 7]ufgf admin@mbjcl.com.np df ;Dks{ /fVg x'g;d]t cg'/f]w ul/G5 .

2 dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


jflif{s k|ltj]bg
@)&^÷)&&

dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


dxf/fhu+h, sf7df8f}+
;~rfns ;ldltsf] tkm{af6 gaf} aflif{s ;fwf/0f ;efdf cWoIfHo"n] k|:t't ug'{x'g]
cf=a= @)&^.)&& sf] aflif{s k|ltj]bg
cfb/0fLo z]o/wgL dxfg'efjx? M
o; sDkgLsf] gaf}+ jflif{s ;fwf/0f ;efdf d o; sDkgLsf] cWoIfsf] x}l;otn] oxfFx?nfO{ xflb{s :jfut ug{
rfxG5' . ;~rfns ;ldltsf] tkm{af6 o; ul/dfdo ;efdf cfly{s jif{ @)&^.)&& sf] aflif{s k|ltj]bg / ;f]xL cjlwsf]
n]vfk/LIf0f ePsf ljQLo ljj/0fx? k|:t't ug]{ cj;/ kfPsf]df d uf}/jflGjt ePsf] 5' .
sDkgLn] cfkm\gf] p2]Zo cg';f/ l;Gw'kfNrf]s lhNnfsf] ef]6]sf]zL ufpFkflnsf / afx|la;] gu/kflnsfdf klxrfg ul/Psf]
!)@ d]ufjf6 Ifdtfsf] dWo ef]6]sf]zL hnljB't cfof]hgfsf] lgdf{0f tyf cfof]hgfsf ultlalwx? / cf=a=@)&^.)&&
sf] sDkgLsf] k|ult ljj/0fx? ;+lIfKt?kdf oxfFx? ;dIf k|:t't ug{ rfxG5' .
!= cf=a=@)&^.)&& sf] sf/f]jf/sf] l;+xfjnf]sg M
o; sDkgLcGtu{t lgdf{0ffwLg !)@ d]ufjf6 Ifdtfsf] dWo ef]6]sf]zL hnljB't cfof]hgfsf] lgdf{0f sfo{ ljleGg
r/0fdf cufl8 al9/x]sf]df @)&! >fj0fdf cfPsf] h'/] klx/f], @)&@ j}zfvdf cfPsf] ljgfzsf/L dxfe"sDk, @)&@
cflZjgb]lv s/La %=% dlxgf g]kfn ef/t ;Ldf gfsfdf ePsf] cj/f]w, @)&# cfiff9df ef]6]sf]zL gbLdf cfPsf]
af9L, ljZjAofkL dxfdf/Lsf] ?kdf km}lnPsf] sf]le8–!( sf] ;+qmd0f /f]syfd Pj+ lgoGq0fsf] nflu g]kfn ;/sf/åf/f
ldlt @)&^ r}q !! ut]b]lv nfu" ul/Psf] ns8fpg Pj+ @)&& cfiff9 @$ ut] /ftL cfof]hgf lgdf{0f:yn j/k/
ef]6]sf]zL gbL Pj+ cf;kf;sf] If]qdf cfPsf] af9L–klx/f] h:tf sf/0fx?n] cfof]hgfsf] d'Vo 7]s]bf/ sDkgLaf6
lgwf{l/t sfo{tflnsf cg'?k cfof]hgf lgdf{0f sfo{df ck]lIft k|ult xfl;n x'g g;s]sf]n] pQm l9nfO{sf c;/x?sf]
d"Nof+sg u/L cfof]hgfsf d'Vo 7]s]bf/ sDkgLx? / k/fdz{bftfsf] ;+o'Qm k|of;df ;+zf]lwt lgdf{0f sfo{tflnsf
tof/ ul/b}5 .
o; cl3 d'cfAhf nufot :yfgLo ;d:ofx? ;dfwfg u/L x]8jS;{ lgdf{0f:yn vfnL u/fO{ 7]s]bf/ sDkgLnfO{
x:tfGt/0f ug{ w]/} lanDa x'g uPsf] x'Fbf sDkgL Pj+ cfof]hgf Joj:yfkg, cfof]hgfsf] k/fdz{bftf / n6 g+=!M
l;len P08 xfO8«f]d]sflgsn sfo{sf 7]s]bf/ sDkgLsf] pRr:t/Lo Joj:yfkg 6Ld;Fu laleGg r/0fdf a}7s u/L
cfof]hgf sfof{Gjogsf qmddf b]lvPsf ljljw ;d:ofx?df lj:t[t?kdf 5nkmn eO{ ldlt 11th June 2019 df
Joint Minutes of Meeting dfkm{t ;xdlt ePcg';f/ cfof]hgfsf] lgdf{0f cjlw ldlt 31st December 2020 ;Dd
tf]lsPsf] lyof] . ;f]xL lgdf{0ftflnsf cg';f/ cfof]hgfsf] lgdf{0f sfo{ cufl8 al9/x]sf]df laZjJofkL?kdf km}lnPsf]
sf]le8–!( sf] ;+qmd0f lgoGq0fsf] nflu g]kfn ;/sf/n] ldlt @)&^ ;fn r}q !! ut]b]lv ns8fpgsf] nfu" u/]sf]
x'Fbf ;f] sf] k|efj Pj+ sf]le8–!( sf] vf]k g]kfndf xfn;Dd pknAw gePsf] sf/0f;d]tn] cfof]hgf lgdf{0fnufot
cGo b}lgs hLjgsf lqmofsnfkx?;d]tdf k|efj k/]sf] s'/f ;j{ljlbt} 5 . cfof]hgfsf] lgdf{0f ;Fu ;DalGwt
sDkgLsf sf/f]jf/x?sf] ;+lIfKt ljj/0f lgDgfg';f/ /x]sf] 5 .
!=!=z]o/ k"FhL M
sDkgLsf] clws[t k"FhL ?=^ ca{ @! s/f]8 / hf/L k"FhL ?=^ ca{ /x]sf] 5 . o; cf=a=@)&^.)&& cfiff9 d;fGt;Dd
;+sng ul/Psf] z]o/ k"FhLsf] ljj/0f tnsf] tflnsfdf pNn]v ul/Psf] 5 M

dWo ef]6]sf]zL hnljB't sDkgL lnld6]8 3


jflif{s k|ltj]bg
@)&^÷)&&

**g]kfn lwtf]kq af]8{af6 k|fKt l6Kk0fLx? -Second Comments_ cg';f/ ljj/0f kq cBfjlws u/L låtLo r/0fsf] z]o/ lgisfzg ug]{
:jLs[ltsf] nflu pQm af]8{nfO cg'/f]w ul/;lsPsf] .
dfly pNn]lvt tflnsf cg';f/ ;+:yfks ;d"xnfO{ 5'6\ofPsf] ?=# ca{ ^ s/f]8 ?k}ofF a/fa/sf] %!Ü z]o/ /sd
/ ;+:yfks afx]s cGo ;d"xnfO{ 5'6\ofPsf] ?=@ ca{ ($ s/f]8 ?k}ofF a/fa/sf] ?=!)).– c+lst @ s/f]8 ($ nfv
lsQf -$(Ü_ ;fwf/0f z]o/dWo] sd{rf/L ;~rosf]ifsf ;~rostf{ sd{rf/Lx?nfO{ ! s/f]8 !& nfv lsQf -!(=%Ü_,
;+:yfks z]o/wgL ;+:yfsf sd{rf/Lx?nfO{ @! nfv lsQf -#=%Ü_ / C0fbftf ;+:yfsf sd{rf/Lx?nfO{ ^ nfv lsQf
-!Ü_ u/L hDdf ! s/f]8 $$ nfv lsQf -@$Ü_ z]o/ lgisfzg u/L ?=! ca{ $$ s/f]8 z]o/ /sd ;+sng ug]{
sfo{ ;DkGg eO;s]sf] 5 .
ca cfof]hgf k|efljt lhNnfaf;LnfO{ 5'6\ofPsf] ^) nfv lsQf -!)Ü_ / ;j{;fwf/0fnfO{ 5'6\ofPsf] () nfv lsQf
-!%Ü_ u/L hDdf @%Ü z]o/ lgisfzg ug]{ k|of]hgfy{ tof/ kfl/Psf] o; sDkgLsf] ljj/0fkqdf g]kfn lwtf]kq
af]8{af6 ul/Psf l6Kk0fLx? -Second Comments_ adf]lhd ;'wf/ u/L cBfjlws ul/Psf] ljj/0fkq :jLs[ltsf]
nflu pQm af]8{df a'emfO;lsPsf] 5 . g]kfn lwtf]kq af]8{af6 pQm ljj/0fkq :jLs[t eP kZrft z]o/ lgisfzg
tyf laqmL k|aGws >L Unf]an cfO{=Pd=O{= SofkL6n ln=;d]tsf] ;+nUgtfdf pQm z]o/ lgisfzg tyf ;+sng sfo{
clanDa cl3 a9fpg] sfo{of]hgf /x]sf] Joxf]/f cjut u/fpg rfxG5' .
!=@ cfof]hgfdf nufgL M
cf=a=@)&^.)&& sf] cGTodf o; sDkgLaf6 lgdf{0ffwLg dWo ef]6]sf]zL hnljB't cfof]hgfdf lgdf{0f cjlwsf]
Aofh (IDC) ?=! ca{ $% s/f]8 @% nfv ^* xhf/;d]t u/L s'n ?=( ca{ #* s/f]8 &$ nfv *% xhf/ nufgL
eO;s]sf] 5 . o; nufgLdWo] cfof]hgfsf] nflu hUuf vl/b sfo{df vr{ ePsf] /sd / x|f;kl5sf] v'b l:y/
;DklQsf] d"No ?=$* s/f]8 *! nfv *( xhf/ /x]sf] 5 eg] cfof]hgf sfo{ k|ult zLif{sdf n]vf+sg ePsf] /sd

4 dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


jflif{s k|ltj]bg
@)&^÷)&&

?=& ca{ ^( s/f]8 *% nfv $) xhf/ /x]sf] 5 . To;}u/L ;f] nufgL /sddf cfof]hgfsf] nflu hUufsf] d'cfAhf
Joj:yfkg ug{ lhNnf k|zf;g sfof{nonfO{ / ljleGg 7]Ssfk§fsf] k|fawfg adf]lhd l;len lgdf{0f sfo{sf] 7]s]bf/,
On]S6«f]d]sflgsn sfo{sf] 7]s]bf/, k|;f/0f nfO{g lgdf{0f sfo{sf] 7]s]bf/nufot ljleGg lgsfo÷7]s]bf/x?nfO{ k]ZsL
:j?k e'QmfgL ePsf] /sd ?=(! s/f]8 &* nfv $* xhf/;d]t /x]sf] 5 .
!=# sDkgLsf] cfo tyf Aoosf] ljj/0f M
cf=a=@)&^.)&& df sDkgLdf z]o/ lgisfzgaf6 k|fKt ePsf] /sd a}+s sn vftf tyf d'2tL lgIf]kdf nufgL u/L
Aofh jfkt ?=^ s/f]8 *$ nfv !# xhf/ & ;o &( / cGo lalaw cfDbfgL zLif{saf6 ?=@ nfv !) xhf/ ^ ;o
* u/L hDdf ?=^ s/f]8 *^ nfv @$ xhf/ # ;o *& cfDbfgL ePsf] lyof], h'g /sd ut aif{sf] cfDbfgL /sd
?=^ s/f]8 $% nfv !$ xhf/ * ;osf] t'ngfdf ^=#&Ü n] a9L xf] . ;f] cjlwdf s]Gb|Lo sfof{nodf sd{rf/L Pj+
k|zf;sLo vr{jfkt -z]o/ lgisfzg vr{, x|f; vr{ tyf ljQLo vr{;d]t_ hDdf ?=% s/f]8 %@ nfv $! xhf/
( ;o #) vr{ x'g uPsf] 5 . cfof]hgf lgdf{0f r/0fdf /x]sf] ePtf klg sDkgLn] sn tyf d'2tL lgIf]kaf6 k|fKt
u/]sf] Aofh cfDbfgLsf] sf/0fn] cf=a=@)&^.)&& df ?=! s/f]8 ## nfv *@ xhf/ $ ;o %& v'b gfkmf b]lvg
uPsf] 5 . pQm gfkmf /sd ut cf=a=;Ddsf] Cumulative Loss lx;fadf ;dfof]hg u/L g]kfn ljQLo k|ltj]bgdfg
(NFRS) cg';f/ Retained Earning zLif{saf6 s"n z]o/nufgL lx;fadf ;dfof]hg u/L jf;nftdf b]vfOPsf] 5 .

o; cf=a=@)&^.)&& sf] gfkmf÷-gf]S;fg_ lx;fa tyf ;DklQ Pj+ bfloTjsf] ljj/0f o; kl5sf] tflnsfdf k|:t't
ul/Psf] Joxf]/f cjut u/fpg rfxG5' .
!=# sDkgLsf] cfo tyf Aoosf] ljj/0f M
cf=a=@)&^.)&& df sDkgLdf z]o/ lgisfzgaf6 k|fKt ePsf] /sd a}+s sn vftf tyf d'2tL lgIf]kdf nufgL u/L
Aofh jfkt ?=^ s/f]8 *$ nfv !# xhf/ & ;o &( / cGo lalaw cfDbfgL zLif{saf6 ?=@ nfv !) xhf/ ^ ;o
* u/L hDdf ?=^ s/f]8 *^ nfv @$ xhf/ # ;o *& cfDbfgL ePsf] lyof], h'g /sd ut aif{sf] cfDbfgL /sd
?=^ s/f]8 $% nfv !$ xhf/ * ;o &^sf] t'ngfdf ^=#&Ü n] a9L xf] . ;f] cjlwdf s]Gb|Lo sfof{nodf sd{rf/L
Pj+ k|zf;sLo vr{jfkt -z]o/ lgisfzg vr{, x|f; vr{ tyf ljQLo vr{;d]t_ hDdf ?=% s/f]8 %@ nfv $! xhf/
( ;o #) vr{ x'g uPsf] 5 . cfof]hgf lgdf{0f r/0fdf /x]sf] ePtf klg sDkgLn] sn tyf d'2tL lgIf]kaf6 k|fKt
u/]sf] Aofh cfDbfgLsf] sf/0fn] cf=a=@)&^.)&& df ?=! s/f]8 ## nfv *@ xhf/ $ ;o %& v'b gfkmf b]lvg
uPsf] 5 . pQm gfkmf /sd ut cf=a=;Ddsf] Cumulative Loss lx;fadf ;dfof]hg u/L g]kfn ljQLo k|ltj]bgdfg
(NFRS) cg';f/ Retained Earning zLif{saf6 s"n z]o/nufgL lx;fadf ;dfof]hg u/L jf;nftdf b]vfOPsf] 5 .

o; cf=a=@)&^.)&& sf] gfkmf÷-gf]S;fg_ lx;fa tyf ;DklQ Pj+ bfloTjsf] ljj/0f o; kl5sf] tflnsfdf k|:t't
ul/Psf] Joxf]/f cjut u/fpg rfxG5' .
cfo ljj/0f M

o; sDkgLn] Pe/]i6 a}+s ln=, g]kfn OGe]i6d]G6 a}+s ln= / ;flgdf a}+s ln=df rNtL vftfdfkm{t sn Psfp06
;+rfng u/L cfly{s sf/f]jf/ ug]{ Joj:yf ldnfPsf] 5 . o; sDkgL / a}+s aLr ePsf] ;Demf}tf cg';f/ k|To]s lbgsf]
clGtd df}HbftnfO{ sn Psfp06df 6«fG;km/ u/L ;f] afkt a}+sn] k|bfg u/]sf] Aofh /sd / z]o/ lgisfzgaf6

dWo ef]6]sf]zL hnljB't sDkgL lnld6]8 5


jflif{s k|ltj]bg
@)&^÷)&&

k|fKt ePsf] /sd cfof]hgfdf nufgL gx'~h]n laleGg a}+sx?df d'2tL lgIf]kdf /fvL k|fKt x'g cfPsf] Aofh /sd
gfkmf÷-gf]S;fg_ lx;fadf b]vfOPsf] 5 .
sDkgLsf] @)&& ;fn cfiff9 d;fGtsf] ;DklQ tyf bfloTjsf] ;+lIfKt ljj/0f lgDgfg';f/ /x]sf] 5 M

@= sDkgL÷cfof]hgfsf ultlalwx? Pj+ efjL of]hgfx?M


cf=a=@)&&.)&* df o; sDkgLn] cfof]hgf;Fu ;DalGwt lgDgfg';f/sf sfo{x? ;DkGg ug]{ nIo lnPsf] 5 M
@=! cfof]hgf lgdf{0f;DaGwL d'Vo sfo{x? M
cfof]hgfsf] lgdf{0f sfo{ #! l8;]Da/ @)@) ;Dddf ;DkGg ug]{ nIo;lxt sfo{ eO/x]sf]df sf]le8–!( sf]
dfxfdf/Lsf] sf/0fn] ub{f ePsf] aGbfaGbL Pj+ @)&&.)#.@$ ut] /ftL cfof]hgf lgdf{0f:yn j/k/ ef]6]sf]zL gbL Pj+
cf;kf;sf] If]qdf cfPsf] af9L÷klx/f]n] ubf{ cfof]hgfdf k'u]sf] Ifltnufotsf sf/0fn] cfof]hgf lgdf{0f ;DkGg x'g]
cjlw yk ug]{ sfo{ k|lqmofdf /x]sf] 5 .
o; cfof]hgfsf d'Vo sfo{x? lgDgfg';f/ hDdf # j6f n6df ljefhg ul/Psf] 5 M
@=!=! n6 g+= ! – l;len tyf xfO8«f]d]sflgsn sfo{
@=!=@ n6 g+= @ – On]S6«f]d]sflgsn sfo{
@=!=# @@) s]=eL= ljB't k|;f/0f nfO{g lgdf{0f sfo{

6 dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


jflif{s k|ltj]bg
@)&^÷)&&

@=@ cfof]hgfsf cGo sfo{x? M


@=@=! k"jf{wf/ lgdf{0f sfo{
@=@=@ 3/hUuf clwu|x0f tyf Ifltk"lt{ lbg] sfo{
@=@=# cfof]hgfsf] ;'/Iff Joj:yf
@=@=$ ;+:yfut ;fdflhs pQ/bfloTjsf sfo{x?
o; sDkgLn] cf=a=@)&&.)&* df cfof]hgf;Fu ;DalGwt lgDgfg';f/sf sfo{x? ;DkGg ug]{ nIo lnPsf] 5 M
@=! cfof]hgf lgdf{0f ;DaGwL d'Vo sfo{x?M
of] k|ltj]bg tof/ kfbf{;Dd lgdf{0ffwLg dWo ef]6]sf]zL hnljB't cfof]hgfsf] cBfjlws nfut cg'dfg ?=!% ca{
# s/f]8 @ nfv () xhf/sf] cfwf/df k|ult d"Nof+sg ubf{ cfof]hgfsf] lgdf{0fnufotsf sfo{df xfn;Dd lgdf{0f
cjlwsf] Aofhafx]s ?=* ca{ !@ s/f]8 %$ nfv (& xhf/ nufgL eO{ efl/t sfo{ k|ult %$=)^Ü xfl;n ePsf]
5 . cfof]hgfsf] zLif{sut k|ult ljj/0f lgDgfg';f/ /x]sf] 5 M
@=!=! n6 g+= ! – l;len tyf xfO8«f]d]sflgsn sfo{M
Engineering, Procurement and Construction (EPC) Model df lgdf{0f eO/x]sf] cfof]hgfsf] l;len tyf
xfO8«f]d]sflgsn sfo{sf] 7]Ssf ;+emf}tf Guangxi Hydroelectric Construction Bureau -xfnM CEEC GHCB),
China ;+u ldlt @)&) kf}if !& ut] ePsf] xf] . lgdf{0f sfo{ cufl8 al9/x]sf] qmddf @)&! ;fndf uPsf] h'/]
klx/f], @)&@ a}zfv dlxgfsf] ljgfzsf/L dxfe"sDk, @)&@ cflZjgb]lv s/La %=% dlxgf g]kfn ef/t ;Ldfgfsfdf
ePsf] cj/f]w tyf @)&# ;fn cfiff9df ef]6]sf]zL gbLdf cfPsf] af9L / af9L kl5 Access Road sf]] hh{/ cj:yf
/ 7]s]bf/ sDkgLnfO{ cfof]hgfsf] x]8jS;{ If]qsf] ;fO{6 vfnL u/fO{ x:tfGt/0f ug]{ sfo{df ePsf] l9nfO{ nufotsf
sf/0fn] ubf{ sDkgL Pj+ cfof]hgf Joj:yfkg, cfof]hgfsf] k/fdz{bftf / 7]s]bf/ sDkgLsf] pRr:t/Lo Joj:yfkg
6Ldaf6 ;+o'Qm?kdf lj:t[t cWoog, 5nkmn / u[xsfo{ ul/PkZrft o; sfo{sf] lgdf{0f cjlw #! l8;]Da/ @)@)
;Dd sfod ePsf] lyof] . sf]le8–!( sf] sf/0f ;[lht aGbfaGbL -ns8fpg_ tyf ldlt @)&&.)#.@$ ut]sf] leif0f
af9Ln] ubf{ lgdf{0f sfo{nfO{ cfzfltt?kdf lg/Gt/tf lbg g;lsPsf]n] ;f] cjlwsf] nflu Dofb yk ul/lbg n6–!
7]s]bf/af6 dfu eO{ cfPsf]df cfof]hgfsf k/fdz{bftfaf6 ;f] af/]df cWoog eO{ Dofb yk ;DaGwL sf/jfxL
k|lqmofdf /x]sf] 5 .
@=!=@ n6 g+= @ – On]S6«f]d]sflgsn sfo{M
Plant, Design and Build (PDB) Model df Andritz Hydro Pvt. Ltd., India ;Fu @)&! c;f/ @^ ut] 7]Ssf
;+emf}tf eO{ ;f]xL adf]lhd On]S6«f]d]sflgsn sfo{ c3L al9/x]sf] lyof] . On]S6«f]d]sflgsn sfo{ l;len P08
xfO8«f]d]sflgsn sfo{cGtu{tsf] ljB't u[x lgdf{0f;Fu cGt/;DalGwt /x]sf] x'Fbf n6–!, l;len P08 xfO8«f]d]sflgsn
sfo{sf] ;+zf]lwt lgdf{0f sfo{tflnsf cg'?k ;+zf]wg u/L pQm 7]Ssf ;Demf}tfsf] Dofb;d]t #! l8;]Da/ @)@) ;Dd
sfod ul/Psf] lyof] . ;f]xL cg';f/ pQm 7]s]bf/åf/f Equipment x? cfoft u/L ;fO6 g+= !$ df /x]sf] :6f]/df
e08f/0f u/L /x]sf]df @)&& ;fn cfiff9 @$ ut] cfPsf] af9L÷klx/f]]n] :6f]/ tyf ;f] :yfgdf /flvPsf] Equipment
x?df s]xL Iflt k''u]sf] / ;f] Iflt olsg ug]{ sfo{ ;DalGwt 7]s]bf/ sDkgL / k/fdz{bftfaf6 eO/x]sf] 5 . ;f]
sfo{sf] nflu ;DjlGwt aLdf sDkgLsf k|ltlglwx?;d]taf6 cfof]hgf :ynsf] cfjZostf cg';f/ :ynut e|d0f eO{
;DalGwt 7]s]bf/ sDkgL;+usf] ;dGjodf Ifltu|:t ;fdfgx?sf] l/kf]6{ agfpg] sfo{ eO{ /x]sf] 5 . ;fljssf] :6f]/]h
If]q /x]sf] :yfgdfg} e08f/0f ubf{ o; k|sf/sf af9L÷klx/f] h:tf 36gfaf6 k'gM Iflt k'Ug] ;Defjgfn] ubf{ n6–@
7]s]bf/af6 csf{] ;'/lIft :yfgnfO{ :6f]/]h If]q agfpg dfu eO{ cfPsf] x'Fbf ;f] ljifonfO{ cfof]hgfn] ulDe/tfk"j{s
lnO{ a}slNks Joj:yfkgsf] pkfox? cjnDjg ug{] ePsf] 5 .
@=!=# @@) s]=eL= ljB't k|;f/0f nfO{g lgdf{0f sfo{ M
cfof]hgfaf6 pTkfbg x'g] ljB't zlQm k|;f/0fsf] nflu cfof]hgfsf] :jLrof8{ b]lv g]=lj=k|f=åf/f lgdf{0ffwLg afx|la;]
;a:6]zg ;Dd $ ls=dL= nfdf] @@) s]=eL= l;+un ;ls{6 k|;f/0f nfO{g lgdf{0f sfo{ ug{sf nflu 7]s]bf/ sDkgL >L
pmhf{–P=;L=h]=eL=;Fu ldlt @& h'nfO{ @)!* df 7]Ssf ;Demf}tf ePsf] lyof] .

dWo ef]6]sf]zL hnljB't sDkgL lnld6]8 7


jflif{s k|ltj]bg
@)&^÷)&&

xfn;Dd pQm k|;f/0f nfO{g lgdf{0f sfo{sf ;e]{ / l8hfOgnufotsf sfdx? ;DkGg eO{ Tower Material x? NofO{
nfdf] ;fF3'df e08f/0f ul/Psf] 5 . cfof]hgfsf] laB't u[x b]lv afx|la;] ;a–:6]zg;Dd lgdf{0f x'g] @@) s]=le=
l;+un ;ls{6sf] $ ls=ld=nfdf] k|;f/0f nfO{g lgdf{0fsf] nflu !# j6f 6fj/x? /xg] hUuf clwu|x0fsf] k|s[of cGtu{t
hUuf /f]Ssf /fvL d'cAhf lgwf{/0fsf] k|s[ofdf /x]sf] 5 . ;fy} o; k|;f/0f nfO{gn] afx|la;] ;a–:6]zg glhs}
tfdfsf]zL–sf7df08f} $)) s]=le= k|zf/0f nfO{g;Fu ug]{ UofG6«L qml;ªdf lgdf{0f ul/g] ;+/rgfsf] nflu yk hUuf
clwu|x0f ug{ ;e]{ ug]{ sfo{ ;DkGg ul/Psf] 5 .
o; k|;f/0f nfO{g lgdf{0f sfo{x? ;DkGg ug{ 28th February 2021 ;Dd lgdf{0f cjlw yk ul/Psf] 5 .
@=@ cGo sfo{x? M
@=@=! k"jf{wf/ lgdf{0f sfo{ -kx'Fr dfu{, SofDk cflb_ M
7]Ssf ;+emf}tf g+=M MBJCL/MBKHEP/ 069/70-CF-01 cGtu{t cfof]hgfsf] sfof{no tyf cfjf;Lo ejgx? /
kx'Fr dfu{ lgdf{0fsf] sfo{ ;DkGg eO{ pQm ejgx? cfof]hgfsf] k|of]udf /x]sf 5g\ . cfof]hgfsf] ;'/Iffsf] nflu xfn
vl6Psf g]kfnL ;]gfnfO{ cfaZos kg]{ cfjf;sf] nflu lk|km]la|s]6]8 ejgx? / cfof]hgf If]qdf ;'/Iff Joj:yfkgsf]
nflu cfjZostf cg';f/ ;]G6«L kf]i6 tyf cfjZos Logistic ;fdfu|Lx? cfof]hgfaf6 pknAw u/fOPsf] 5 .
@=@=@ 3/ hUuf clwu|x0f tyf Ifltk"lt{ ljt/0f M
sDkgLn] cfof]hgf lgdf{0f sfo{sf] nflu cfjZos kg]{ hUuf Joj:yf ug{ cfof]hgf If]qdf k/]sf 3/hUuf clwu|x0f
tyf jftf{ u/L cfjZos hUufx? vl/b ug]{ sfo{ ;DkGg ul/;s]sf] 5 . cfof]hgf lgdf{0fsf] nflu c:yfoL?kdf
cfjZos kg]{ hUufx?sf] nflu ;DalGwt hUufwgLx?;Fu ;+emf}tf u/L lgdf{0f cjlwe/sf] nflu ef8fdf lnOPsf] 5 .
cfof]hgfsf] x]8jS;{ lgdf{0fIf]q ef]6]sf]zL ufFpkflnsf -;flas dfld{ª uf=la=;=sf] rfs'_ af6 lj:yflkt ePsf ##
3/kl/jf/x?dWo] @@ 3/kl/jf/x?n] rf/cfgf Jojl:yt 38]/Ljfktsf] k'gjf{; ;'ljwf /sd lnO;s]sf 5g\ / !!
3/kl/jf/x?nfO{ ;f]xL rfs' If]qdf hUuf vl/b u/L $ cfgf 38]/Lsf Kn6x? pknAw u/fO;lsPsf] 5 . cfof]hgfsf]
x]8jS;{ lgdf{0f:ynaf6 lj:yflkt ePsf] wg]Zj/L df=la=sf] nflu klxnf] r/0fdf * sf]7] b'O{tn] ejg lgdf{0f sfo{
tyf :jf:Yo rf}sL / s[lif sfof{nosf] nflu Pstn] ejgx? O{–lal8ª dfkm{t af]nkq u/L 7]Ssf ;Demf}tf eO{
lgdf{0f ;DkGg;d]t eO;s]sf] 5 . lgdf{0f ;DkGg eO;s]sf wg]Zj/L df=la=,:jfYo rf}sL / s[lif sfof{no ejgx?
:yflgox?nfO{ oyfl;3| x:tfGt/0f ug{] nIo /x]sf] 5 . wg]Zj/L df=lj=sf] gofF ejgdf sIff sf]7f ;'rf? ePkl5
bf];|f] r/0fdf lgdf{0f ul/g] b'O{j6f * sf]7] ejg ljwfyL{sf] ;+Vof cg';f/ sf]7fsf] cfsf/ ;dfof]hg u/L ejgsf]
gS;f jgfO{ cf=a @)&&.)&* df af]nkq sfuhft tof/ ul/ O{–lal8ª dfkm{t 7]s]bf/ 5gf}6 u/L lgdf{0f sfo{ z'?
ug{] nIo /x]sf] 5 .
To;}u/L cfof]hgfsf] kfj/xfp; lgdf{0f If]q afx|la;] gu/kflnsf -;flas uftL uf=la=;=_af6 lj:yflkt ePsf
!%-kGw|_ 3/kl/jf/x?nfO{ klg rf/ cfgf Jojl:yt 38]/Ljfktsf] k'gjf{; ;'ljwf /sd pknAw u/fO;lsPsf] 5 .
uftL kFw]/f] wf/fdf :yflgosf] vfg]kfgL dd{t tyf Joj:yfkg, cl86–! df v'6lsnf lgdf{0f, rfs'df emf]n'ªu] k'n
lgdf{0f, nf]Dkf6]df vfg]kfgL tyf uf]/]6f] af6f] lgdf{0f, rfs' sfnLb]jL dlGb/ dd{t tyf /]lnª lgdf{0f, vf]/fªdf wf/f
lgdf{0f h:tf :yfgLo ljsf; lgdf{0fsf sfo{x? ;DkGg eO{ ;s]sf 5g .
cfof]hgfsf] laB't u[x b]lv afx|lj;] ;j :6]zg;Dd lgdf{0f x'g] @@) s]=eL=l;un ;ls{6sf] $ ls=dL nfdf] k|;f/0f
nfO{g lgdf{0fsf] nflu !# j6f 6fj/sf] hUuf clwu|x0fsf] k|s[of cGtu{t hUuf /f]Ssf /fvL d'cfAhf lgwf{/0fsf]
k|s[ofdf /x]sf] 5 . ;fy} k|;f/0f nfOgn] afx|lj;] ;j :6]zg glhs} tfdfsf]zL–sf7df08f} $)) s]=eL= k|;f/0f
nfO{g;Fu UofG6«L qml;ªdf lgdf{0f ug{ cfjZos ;+/rgfsf] nflu yk hUuf clwu|x0f ug{ ;e{] ug{] sfo{ ;DkGg
ul/Psf] 5 .
@=@=# cfof]hgfsf] ;'/Iff Joj:yf M
cfof]hgf :yndf ;'/Iff Joj:yfsf] nflu ljutdf ;z:q k|x/L an (Armed Police Force) kl/rflnt x'b}+ cfPsf]df
g]kfn ;/sf/ -dlGqkl/ifb_ af6 ldlt @)&&.)@.!& df ePsf] lg0f{o cg';f/ dxTjk"0f{ :yfg, cfof]hgf / k|lti7fgx?df
vl6Psf hgzlQmnfO{ sf]le8–!( lgoGq0f, /f]syfd / ;+qmd0fsf] hf]lvd Go'lgs/0f ug{ l;df gfsfx?df v6fpg]

8 dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


jflif{s k|ltj]bg
@)&^÷)&&

lg0f{o ePsf] Joxf]/f;lxtsf] kq ldlt @)&&.)@.#! df k|fKt eP cg';f/ ldlt @)&&.)#.)@ ut] b]lv ;z:q k|x/L
an lkmtf{ eO{ g]kfnL ;]gf kl/rflnt ePsf] 5 . g]kfnL ;]gf dfkm{t cfof]hgfsf] ;'/Iff Joj:yf ;'b[9 agfpgsf]
nlfu ljutdf ;z:q k|x/L an;Fu ePsf ;+emf}tfcg'';f/g} ;]jf ;'ljwfnfO{ lg/Gt/tf lbg]u/L Joj:yf ldnfOPsf] 5 .
@=@=$ ;+:yfut ;fdflhs pQ/bfloTjsf sfo{x? M
o; sDkgLn] d"ntM :yfgLoaf;Lsf] lxtnfO{ ;jf]{kl/ dfg]/ ljsf; lgdf{0f tyf ;fdflhs sfo{sf nflu ;do ;dodf
cfly{s tyf k|flalws ;xof]u ub}{ cfPsf] s'/f lalbt} 5 . :yfgLox?sf ;fdflhs, ;f+:s[lts /Lltl/jfh, wfld{s
dfGotf / ;b\efjnfO{ Vofn /fVb} sDkgLn] ljleGg wfld{s:yn tyf ;fdflhs ;+3;:yfx?sf] pTyfg nufot lzIff,
/f]huf/L, af6f] 3f6f] cflb sfo{df ;+:yfut?kdf ;xof]u ub}{ cfPsf] 5 .
;+:yfut ;fdflhs pQ/bfloTj jxg ubf{ :yfgLoaf;Lx?sf] ;fy ;xof]u k|fKt u/L cfof]hgfdf cfO{kg]{ Jojwfgx?
x6fO{ lgdf{0f sfo{ lagf ca/f]w cufl8 a9fpg d2t ldNg] ljZjf;sf ;fy ljutsf $ cfly{s aif{x? -cf=a=@)&).)&!,
@)&!.)&@, @)&@.)&# / @)&#.)&$_ df cfof]hgf k|efljt ;fljssf ln:tL, dfld{Ë, uftL, 3'DyfË / dfg]Zj/f u/L
% uf=la=;=sf] ljsf; lgdf{0f tyf lzIff, :jf:Yo nufotsf ;fdflhs ljsf; sfo{sf nflu k|lt uf=la=;= aflif{s
?=#) nfvsf b/n] /sd pknAw u/fO;lsPsf] 5 . To;}u/L oL k|efljt % uf=la=;=sf % j6f ;/sf/L kf7zfnfnfO{
k|lt kf7zfnf dfl;s ?=#%,))).– sf b/n] cf=a= @)&#.)&$ ;Ddsf] /sd klg pknAw u/fO;lsPsf] 5 .
:yfgLo txsf] k'g;+{/rgf eP/ ;fljssf k|efljt % j6f uf=la=;=x? j8fdf ?kfGt/0f x'Fbf j8fx?sf] ;+Vof a9\g
uPsf] -;flassf] uftL uf=la=;= xfn afx|la;] gu/kflnsfsf] j8f g+= % / ^ sfod ePsf]_ x''Fbf ;f]xL cg'?k
cf=a=@)&$.)&%, @)&%.)&^ / @)&^.)&& sf] nflu :yfgLo txsf k|ltlglwx?;+u ;xdlt eP cg';f/ cfof]hgf
k|efljt afx|la;] gu/kflnsfsf] j8f g+= %, ^, & / * -;flas uftL, 3'DyfË / dfg]Zj/f uf=la=;=_sf] ljsf; lgdf{0f
sfo{sf] nflu ?=! s/f]8 !) nfvsf b/n] /sd pknAw u/fO ;lsPsf] 5 . ;fy} :yfgLo txsf k|ltlglwx?;Fu
;xdlt eP cg';f/ cfof]hgf k|efljt ef]6]sf]zL ufpFkflnsfsf] j8f g+=! / % -;flas ln:tL / dfld{Ë uf=la=;=_
sf] cf=a=@)&$.)&% / @)&%.)&^ df ljsf; lgdf{0f sfo{sf] nflu aflif{s ?=&) nfvsf b/n] /sd pknAw u/fO
;lsPsf] 5 .
;fy} o; sDkgLn] cfof]hgf k|efljt pNn]lvt j8fx?sf] lzIfftkm{ cf=a=@)&$.)&% / @)&%.)&^ sf] nflu
afx|la;] gu/kflnsfnfO{ dfl;s ?=!,$),))).– / ef]6]sf]zL ufpFkflnsfnfO{ dfl;s ?=&),))).– sf b/n] ;xof]u
pknAw u/fO;s]sf] 5 . o;}u/L k|efljt j8fx?sf] nflu Ps yfg PDa'n]G; Joj:yf ug{ cf=a=@)&^.)&& sf] ah]6
tyf sfo{qmddf /fvL ;~rfns ;ldltsf] lg0f{o;lxt cfof]hgf sfof{no dfkm{t cfof]hgf k|efljt :yfgLo txdf
k7fOPsf]df cf=a=@)&^.)&& df sfof{Gjog x'g g;sL k|lqmofdf /x]sf] a'lemPsf]n] o; sfo{nfO{ cf=a=@)&&.)&*
df k"0f{tf lbg]u/L afx|lj;] gu/kflnsfsf] gu/ kl/ifbaf6 :jLs[lt eO{ vl/b k|s[ofdf /x]sf] 5 .

@=# cfof]hgfsf ultlalwx? M


dWo ef]6]sf]zL hnljB't cfof]hgfsf] sfo{ k|ult ljj/0f lgDg adf]lhd /x]sf] 5 M
@=#=! C0f ;+emf}tfM
o; sDkgLcGtu{t lgdf{0ffwLg dWo ef]6]sf]zL hnljB't cfof]hgf lgdf{0fsf nflu cfjZos kg]{ :jk"FhL / C0f
k'FhLsf] cg'kft $!M%( /x]sf] 5 . cfof]hgfsf] lgdf{0f cjlw ldlt #! l8;]Da/ @)@) ;Dd sfod ePcg'?k
cBfjlws ul/Psf] cfof]hgfsf] nfut cg'dfg lgdf{0f cjlwsf] Aofhafx]s ?=!% ca{ # s/f]8 @ nfv () xhf/
/x]sf] 5 .
dWo ef]6]sf]zL hnljB't cfof]hgf lgdf{0f sfo{sf] nflu k"FhL h'6fpg k|f/lDes ?kdf lrlnd] hnljB't sDkgL ln=n]
tof/ u/]sf] nfut cg'dfg /sd ?=!@ ca{ @* s/f]8 ## nfvsf] cfwf/df ;f] sf] cfwf /sd -cyf{t ?=5 ca{ !$
s/f]8 !^ nfv %) xhf/_ C0f lng] lbg]u/L o; sDkgL, lrlnd] hnljB't sDkgL ln= / sd{rf/L ;~rosf]if aLr
ldlt @)^* d+l;/ @@ ut] lqkIfLo C0f ;+emf}tf ePsf] lyof] . o;} ;+emf}tf adf]lhd cf=a=@)^(.)&) df ?=@#
s/f]8 / cf=a=@)&).)&! df ?=@# s/f]8 u/L s'n ?=$^ s/f]8 kl/rfng k]ZsL (Mobilization Advance) lnOPsf]
dWo ef]6]sf]zL hnljB't sDkgL lnld6]8 9
jflif{s k|ltj]bg
@)&^÷)&&

lyof] eg] cf=a=@)&#.)&$ df tLg k6s u/L ?=! ca{ @@ s/f]8 !) nfv *) xhf/ / cf=a=@)&$.)&% df ?=! ca{
% s/f]8, cf=a=@)&%.)&^ df ?=!% s/f]8 / cf=a=@)&^.)&& df ?=^& s/f]8 ^) nfv C0f lnOPsf] lyof] . o;/L
lnOPsf] C0fdf z'?df aflif{s !@=%Ü n] Aofh lx;fa ePsf]df cf=a=@)&!.)&@ sf] cflZjg ! ut]b]lv @)&@ cfiff9
d;fGt;DDf !!=%Ü, cf=a=@)&@.)&# / cf=a=@)&#.)&$ df !)Ü, cf=a= @)&$.)&% df !@Ü, cf=a= @)&%.)&^
df !!Ü, cf=a=@)&^.)&& df !)=&%Ü / cf=a= @)&&.)&* df (=&%Ü sf b/n] Aofhb/ sfod x'g cfPsf] 5 .
;f]xL cg';f/ Aofh lx;fa u/L cfof]hgf lgdf{0f cjlwe/sf] nflu Aofh k"FhLs/0f x'g] / Jofkfl/s pTkfbg z'? eP
kZrft k|To]s tLg÷tLg dlxgfdf ;fFjf Aofhsf] ls:tf e'QmfgL lbg] Joj:yf /x]sf] 5 .
cfof]hgf lgdf{0fsf] qmddf laleGg k|fs[lts k|sf]k nufotsf sf/0fx?n] cfof]hgf lgdf{0f cjlw #! l8;]Da/ @)@)
;Dd yk ul/P cg'?k pQm C0f ;+emf}tfsf] cjlw klg yk ug{ sd{rf/L ;~rosf]if, lrlnd] hnljB't sDkgL /
dWo ef]6]sf]zL hnljB't sDkgL ln= aLr lb3{sflng shf{ lng] lbg] ;DjGwdf ldlt @)^* d+l;/ @@ ut]sf] lqkIfLo
C0f ;+emf}tfdf ;+zf]wg ug{ ldlt @)&& ;fpg !$ df ePsf] k'/s C0f ;+emf}tf adf]lhd ;fljssf] C0f /sdnfO{
lb3{sflng shf{–! gfdf+sg u/L cfof]hgfsf] ;+zf]lwt nfutcg';f/ cfjZos kg]{ yk shf{ /sd ?=@ ca{ &$ s/f]8
^( nfv () xhf/nfO{ lb3{sflng shf{–@ sf] l;df sfod u/L s'n ?= * ca{ ** s/f]8 *^ nfv $) xhf/ /sd
a/fa/sf] lb3{sflng shf{sf] Joj:yfsf] nflu C0f ;Demf}tf ;DkGg ePsf] 5 .
pQm C0f ;Demf}tf adf]lhd sf]ifaf6 k|jfx x'g] bL3{sfnLg shf{sf] ;fFjf, Aofh, xhf{gf, z'Ns / cGo vr{;d]tsf]
;Dk"0f{ /sd ltg]{ cjlw clwstd !) -bz_ jif{sf] / lgdf{0f cjlw;lxt clwstd @) -aL;_ aif{sf] sfod ePsf]
/ shf{sf] cjlw shf{ k|jfx -Mobilization Advance ;d]t_ z'? ePsf] ldltaf6 u0fgf x'g] Joj:yf ul/Psf] 5 .
lgdf{0f cjlw kZrft shf{sf] k|yd ls:tf k|f/De ePsf] ldltaf6 bL3{sfnLg shf{–! sf] xsdf !) -bz_ aif{ /
bL3{sflng shf{–@ sf] xsdf clwstd % -kfFr_ aif{ sfod ePsf] 5 .
@=#=@ cfof]hgfsf] k/fdz{ ;]jf M
cfof]hgf lgdf{0f ;'kl/j]If0fsf nflu tTsfnLg Lahmeyer International GmbH in Association with TMS -xfn
gfd kl/jt{g eO{ Tractebel Engineeging GmbH sfod ePsf]_ ;Fu 4th November 2012 df 7]Ssf ;+emf}tf ePsf]
lyof] . lgh k/fdz{bftfn] lgdf{0f k"j{ k/fdz{bftfsf] x}l;otn] ug'{kg]{ sfo{x? ;DkGg u/L cfkm\gf ;Dk"0f{ sd{rf/Lx?
cfof]hgf :yndf kl/rflnt u/fO{ cfof]hgf lgdf{0f ;'kl/j]If0f ul//x]sf 5g\ .
ljleGg k|fs[lts k|sf]kx?sf sf/0fn] cfof]hgfsf] lgdf{0f cjlw yk ePcg'?k k/fdz{bftfsf] klg Dofb yk ug{
cfjZos b]lvPsf]n] @$ dlxgfsf] ;+ef/ cjlw (DLP) ;lxt ldlt 31st December 2022 ;Dd Dofb yk ePsf] 5 .
@=#=# hUuf clwu|x0f ;DaGwdfM
cfof]hgfnfO{ cfjZos k/]sf hUufx? clwu|x0f Pj+ jftf{åf/f vl/b u/L tyf ef8fdf lnO{ cfof]hgfsf] lgdf{0f
sfo{ cufl8 a9fOPsf] 5 . cfof]hgfn] lj:yflkt 3/kl/jf/, s]xL sfof{no tyf wg]Zj/L dfWoflds ljBfnonfO{
pknAw u/fPkl5 sDkgLsf] gfddf /xg' kg]{ #^)=%* /f]kgLdWo] sDkgLsf] xbleq /x]sf] &% /f]kgL hUufafx]s
@*%=%* /f]kgL hUufsf] xbaGbL km's'jfsf] nflu dfnkf]t sfof{no, rf}tf/faf6 ljj/0fx? ?h" u/L e"ld Joj:yfkg
tyf clen]v ljefudfkm{t e"ld Joj:yf, ;xsf/L tyf ul/jL lgjf/0f dGqfnodf k]z eO{ k|lqmofdf /x]sf]df pQm
dGqfnosf] ldlt @)&^.!).@* df k|f/De ePsf] e"ld ;DaGwL -cf7f}+ ;+zf]wg_ P]g, @)@! sf] bkmf !@ s=df pNn]lvt
xbaGbL 5"6nfO{ lgodg ug]{ ;DaGwL ljz]if Joj:yfcGtu{t xbaGbL eGbf a9L hUuf /fVg :jLs[ltsf] nflu o;
sDkgLsf] ldlt @)&&.)!.@$ sf] kqaf6 pQm dGqfnonfO{ cg'/f]w ul/;lsPsf] 5 .
@=#=$ cfof]hgfsf] d'Vo l;len tyf xfO8«f]d]sflgsn sfo{ (Lot 1: Civil &Hydromechanical Works, Contract
Identification No. MBJCL/ MBKHEP/068/69/ EPC-1) sf] ;DaGwdfM
of] cfof]hgfsf] d'Vo l;len ;+/rgfx? lgdf{0f sfo{sf] nflu 7]s]bf/ >L Guangxi Hydroelectric Construction
Bureau, China -xfn kl/dflh{t gfd China Energy Engineering Group Guangxi Hydroelectric Construction
Bureau (CEEC GHCB_ Co. Ltd.) ;Fu ldlt ! hgj/L @)!$ df 7]Ssf ;+emf}tf ePadf]lhd lgdf{0f ;DkGg
ug{]{ ldlt (Work Completion date) ( h'g @)!& /x]sf] lyof] . t/ lgdf{0fsf] qmddf cfPsf ljleGg k|fs[lts

10 dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


jflif{s k|ltj]bg
@)&^÷)&&

k|sf]knufotsf afwf Jojwfgx?n] ubf{ lgdf{0f ;DkGg ldlt #) h'g @)!( ;Dd yk ul/Psf] lyof] . ;f] cjlwdf
klg cfof]hgfsf] x]8jS;{ If]qsf] d'cfAhf nufotsf ljifodf p7]sf laafbx? ;dfwfg u/L 7]s]bf/ sDkgLnfO{ ;fO{6
x:tfGt/0f ug{ lanDa ePsf] / aiff{ofddf cfof]hgf ;fO{6sf] kx'Fr dfu{x?df ;d]t af9L klx/f]n] a]nf a]nfdf ca?4
x'g] u/]sf]n] cfof]hgfsf] lgdf{0f sfo{ tf]lsPsf] ;dofjlwdf ;DkGg x'g g;Sg] kl/l:ylt l;h{gf ePsf] ;Gbe{df
sDkgL Pj+ cfof]hgf Joj:yfkg, cfof]hgfsf] k/fdz{bftf / 7]s]bf/ sDkgLsf] pRr:t/Lo Joj:yfkg 6Ldaf6 o;
;DaGwdf ;+o'Qm?kdf lj:t[t cWoog, 5nkmn / u[xsfo{ ul/PkZrft o; sfo{sf] lgdf{0f cjlw #! l8;]Da/ @)@)
;Dd yk ul/Psf] lyof] . ljZjAofkL dxfdf/Lsf] ?kdf km}lnPsf] sf]le8–!( sf] ;+qmd0f /f]syfd Pj+ lgoGq0fsf]
nflu g]kfn ;/sf/åf/f ldlt @)&^ r}q !! ut]b]lv nfu" ul/Psf] ns8fpg Pj+ ldlt @)&& cfiff9 @$ ut]
cfof]hgf lgdf{0f :yn j/k/ ef]6]sf]zL glb Pj+ cf;kf;sf] If]qdf cfPsf] af9L÷klx/f] af6 dWo ef]6]sf]zL hnljB't
cfof]hgfsf] lgdf{0f sfo{ k|ultdf uDeL/ c;/ k/]sf] 5 .
sf]le8–!( sf] qf;n] 7]s]bf/sf w]/} h;f] ljb]zL sfdbf/x? :jb]z kmls{Psf 5g\ . vf]k (Vaccine) pknAwtfsf]
clglZrttfn] ubf{ cfof]hgf lgdf{0f ;DalGw sfo{df 7]s]bf/ sDkgLsf Skilled Manpower x?sf] cefj eO{ :yflgo
sfdbf/x? af6 ;fdfGo sfdx? eO/x]sf] 5 .
lgdf{0f sfo{ k'gM ;+rfng u/fpg 7]s]bf/ sDkgLsf] rLg l:yt s]lGb|o sfof{no / dWo ef]6]sf]zL h=lj=s+=ln=sf
Joj:yfkgaLr ljleGg r/0fdf !! k6s cgnfO{g ldl6Ë ul/of] . 7]s]bf/ sDkgLsf s]lGb|o sfof{nosf pRr kb:y
Joj:yfksx? l56} g]kfn cfpg] / lgdf{0f sfo{nfO{ ltj|tf lbg] k|ltj4tf b]vfPsf 5g\ . ;f] cjlw;Dd af9Ln] Iflt
k'of{Psf ;+/rgfx? ;kmf u/L sfo{ k'gM ;+rfngsf] jftfj/0f tof/ ug{ :yflgo sfdbf/x? kl/rfng ug{] s'/fdf
cgnfOg 5nkmndf ;xdlt eP adf]lhd Headworks / Powerhouse df sfo{ eO/x]sf] 5 .
Headrace Tunnel :
cfof]hgfsf] d'Vo ;'?Ë vGg] sfo{ &,!@$ ld=dWo] xfn;Dd hDdf ^,^#$ ld=;DkGg eO{ ca $() ld= afFsL /x]sf]
cj:yf 5 . vGg] sfo{ ;DkGg ePkl5 Invert Concrete / ;'?Ëdf Concrete Lining sf] sfo{ ul/g] 5 .
ljB'tu[x M Auxiliary Power House tkm{sf] (@% ld= n]ensf] 9nfgsf] sfo{ ;DkGg ePsf] 5 . Machine hall sf]
(@) ld= n]ensf] Concreting sfo{sf] nflu tof/L eO/x]sf] 5 . ltgj6} Draft Tube Elbow Install u/L Concrete
;d]t ul/;lsPsf] 5 . Erection bay df klg (@) ld= sf] Concreting sf] sfo{ ;DkGg eO{ (@% ld= sf] n]ensf]
Concreting sf] sfo{ cl3 al9/x]sf] eg] @)&& ;fn cfiff9 @$ ut] cfPsf] af9Ln] Temporary Diversion ul/Psf]
vf]N;Lsf] Bend df 7"nf] 9'+uf cfO{ vf]N;L Block x'gfn] vf]N;Lsf] Bank breach eO{ Powerhouse df y'lk|Psf] df6f]
/ afn'jf :yflgo sfdbf/x? k|of]u u/L ;kmf ug{] sfo{ eO/x]sf] 5 .
Headwork: aiff{ cl3 ;'/lIft n]ensf] prfO{ ;Dd gbLdf afFw afFlw;Sg' kg]{ ePsf] sf/0fn] sf]le8–!( sf]
;+qmd0f /f]syfd Pj+ lgoGq0fsf] nflu g]kfn ;/sf/åf/f ul/Psf] ns8fpgsf] ;dodf klg 8\ofddf s+lqml6ªsf] sfd
ul/Psf] lyof] . xfn Bore piles sf] sfo{ ;DkGg eO;s]sf] 5 eg] Desander sf] s+lqml6ª sf] sfo{ z'? ul/Psf] 5 .
;h{ 6\ofÍ M ;h{ 6\ofÍsf] Pilot hole nfO{ km/flsnf] kf/L !$ ld= Diameter ;Dd Widening ug]{ sfo{ ;DkGg
eO;s]sf] 5 . o;/L Surge tank sf] Excavation and support sf] sfo{ ;DkGg eO;s]sf] 5 eg] Concrete Lining
sf] sfo{ eg] afFsL /x]sf] 5 .
Vertical Penstock Shaft : !&*=% ld= nDafO{sf] Vertical Penstock Shaft sf] Excavation & Support
sf] sfo{ ;DkGg eO;s]sf] 5 .
o; cf=a=@)&&.)&* df x]8/]; ;'?Ë vGg] sfo{, x]8jS;{ / kfj/xfp;sf] Concreting ug]{ sfo{, Surge Tank sf]
Concrete lining ug{] sfo{x? ;DkGg ug]{ tyf Headrace Tunnel Lining / Penstock Pipe installation sf] sfo{
z'? ug]{] nIo /x]sf] 5 .

dWo ef]6]sf]zL hnljB't sDkgL lnld6]8 11


jflif{s k|ltj]bg
@)&^÷)&&

@=#=% cfof]hgfsf] On]S6«f]d]sflgsn sfo{ (Lot 2: Electromechanical Works, Contract Identification No.
MBJCL/MBKHEP/ 069/70/ EM-1) sf] ;DaGwdf M
Plant Design and Build Model df sfo{ ug{] u/L ldlt 10th July 2014 df 7]Ssf ;+emf}tf ;DkGg ePsf]
On]S6«f]d]sflgsn sfo{sf] 7]s]bf/ sDkgL >L Andritz Hydro P. Ltd India nfO{ b'a} ls:tfsf] Mobilization k]ZsL
-s"n ;+emf}tf /sdsf] !% k|ltzt_ e'QmfgL ul/;lsPsf] 5 . lgh 7]s]bf/af6 Design tyf Manufacture and
Transport u/L cfof]hgf :yndf /x]sf] :6f]/df /fvL ;f]xL :6f]/af6 Powerhouse df cfjZos ;fdfgx? ;KnfO{
ug]{ sfo{ eO/x]sf] 5 . o; sfo{sf] s'n 7]Ssf /sd -s/La ?= @ ca{ %) s/f]8_ dWo] lgh 7]s]bf/ sDkgLaf6
xfn;Dd s/La ^)Ü a/fa/sf] sfd ;DkGg eO;s]sf] 5 . ljleGg k|fs[lts k|sf]kx?sf] sf/0fn] cfof]hgfsf]
l;len P08 xfO8«f]d]sflgsn sfo{df ePsf] l9nfO{sf] k|efj On]S6«f]d]sflgsn sfo{df klg k/]sf] 5 . ljB't u[xsf]
kmfp08];gsf] s+lqml6Ësf] ;fy;fy} On]S6«f]d]sflgsn sfo{cGtu{t tLg} j6f Draft Tube Elbow Install ug]{ sfo{
;DkGg ePsf] 5 . cf=a=@)&^.)&& df EOT Crane h8fg Draft Tube Cone, Spiral Casing Pj+ Generator
Barrel sf] Embedded Parts Install ug]{ sfo{ ;DkGg ug]{ nIo /flvPsf] ePtfklg sf]le8–!( sf] ;+qmd0f Pj+
@)&& ;fn cfiff9 @$ ut]sf] af9Ln] ubf{ pQm nIo xfl;n ug{ g;lsPsf]n] Powerhouse df y'lk|Psf] df6f]–afn'jf
;kmf u/L o; cf=a=@)&&.&* df pQm sfo{ ;DkGg ug]{ nIo /flvPsf] 5 .
@=#=^ cfof]hgfsf] 8fO{e;{g 6g]n M
cfof]hgfsf] rfs'l:yt afFw If]qdf lgdf{0f ul/Psf] Diversion Tunnel sf] sfo{ ;DkGg eO;s]sf] 5 . pQm ;'?Ëdf
* h'nfO{ @)@) -tbfg';f/ @)&& cfiff9 @$ ut]_ sf] /flt cfPsf] af9Lsf] sf/0fn] y'lk|Psf] Debris ;kmf u/L
gbLsf] kfgL Divert ug{ Cofferdam agfpg] sfo{ eO/x]sf] 5 . afFw lgdf{0fsf] qmddf ;dfgfGt/ ?kn] afn'jf
lyu|fpg] kf]v/L (Desanding Basin) sf] hudf Concreting ug]{ sfo{ ;'? eO;s]sf] 5 . afFw lgdf{0fsf] sfo{ o;}
cf=a=@)&&.)&* df k'/f ul/g] nIo /x]sf]] 5 .
@=#=& sd{rf/L Joa:yfkg ;DaGwdf M
dWo ef]6]sf]zL hnljB't sDkgL tyf o; cGtu{tsf] cfof]hgfsf] nflu cfjZos kg]{ sd{rf/Lsf] kbk"lt{ :jLs[t
b/aGbLsf] clwgdf /xL kbk"lt{ ;ldltsf] l;kmfl/z adf]lhd ul/g] Joj:yf /x]sf] 5 . sDkgLsf] df}h'bf Joj:yfcGtu{t
cfof]hgfsf] :jLs[t b/aGbL adf]lhd cfjZostf cg';f/ qmlds ?kdf kbk"lt{ x'Fb} cfPsf] 5 .
#= sDkgLn] sDkgL P]g, @)^# tyf k|rlnt sfg"gsf] kfngf k"0f{ ?kdf u/]sf] 5 eGg] s'/fsf] pb\3f]if0f M
o; sDkgLn] k|rlnt sfg"g adf]lhd l;h{gf x'g] ;Dk"0f{ zt{x?sf] kfngf pRr ;ts{tfsf ;fy kl/kfngf u/]sf] tYo
o; ul/dfdo ;efdf pb\3f]if ug{ rfxG5' .
$= a}+s tyf ljQLo ;+:yfx?af6 lnPsf] C0f tyf a'emfpg afFsL /x]sf] ;fFjf tyf Jofhsf] /sd M
o; sDkgL, lrlnd] hnljB't sDkgL ln= / sd{rf/L ;~rosf]if aLr ePsf] lqkIfLo C0f ;Demf}tf adf]lhd lrlnd]
hnljB't sDkgL dfkm{t lbg] elgPsf] Mobilization Advance afkt sd{rf/L ;~rosf]if af6 cf=a= )^*÷)^( df
? @#,)),)),)))÷– / cf=a= )&)÷)&! df ?=@#,)),)),)))÷– u/L hDdf ?= $^,)),)),)))÷– C0f lnOPsf]]
lyof] . To;} u/L cf=a= )&#÷)&$ df ?=!,@@,!),*),)))÷– cf=a= )&$÷)&% df ?= !,)%,)),)),)))÷– cf=a=
)&%÷)&^ df ?= !%,)),)),)))÷– / cf=a= )&^÷)&& df ?= ^&,^),)),)))÷– C0f lnOPsf] 5 . ;f] cg';f/ pQm
C0f jfktsf] hDdf ;f+jf /sd ?= #,%%,&),*),)))÷– / cf=a= )&^÷)&& c;f/ d;fGt ;Ddsf] Aofh afktsf] /sd
?=!,$%,@%,^*,!*^÷– ;d]t u/L hDdf ?= %,)),(^,$*,!*^÷– e'QmfgL ug{ afFsL /x]sf] 5 .
%= ;+:yfks afx]s cGo ;d"xnfO{ 5'6\ofOPsf] z]o/ lgisfzg ;DaGwdf M
o; sDkgLn] lgdf{0f ul//x]sf] dWo ef]6]sf]zL hnljB't cfof]hgfsf] nflu cfjZos cfly{s >f]tsf] nflu cfjZos k"FhL
Joj:yfkgsf] lgldQ k|aGwkqdf Joj:yf ePg';f/ ;+:yfks z]o/ wgL ;+:yfnfO{ s'n hf/L z]o/ k"FhLaf6 5'§fOPsf] %!Ü
n] x'g cfpg] # s/f]8 ^ nfv lsQf z]o/ afkt ?=# ca{ ^ s/f]8 /sd cf=a= @)&$.&% ;Dddf zt k|ltzt c;'n
eO{ ;fwf/0f z]o/ tkm{ 5'§fOPsf] $(Ü dWo] k|yd r/0fdf sd{rf/L ;~rosf]ifdf ;~ro ug{] ;~rost{f sd{rf/Lx?,
;+:yfks z]o/wgL ;+:yfsf sd{rf/Lx? tyf C0fbftf ;+:yf -sd{rf/L ;+rosf]if_sf sd{rf/Lx¿sf] nflu s'n hf/L

12 dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


jflif{s k|ltj]bg
@)&^÷)&&

k"FhLsf] @$Ü n] x'g cfpg] ! s/f]8 $$ nfv lsQf z]o/ cf=j= @)&%.&^ df lgisfzg u/L pQm z]o/ afkt ?=!
ca{ $$ s/f]8 /sd ;+sng eO;s]sf] 5 . pQm k|yd r/0fsf] z]o/ lgisfzgaf6 !,$*,*@( hgf ;fwf/0f z]o/wgL
sfod ePsf 5g\ .
sDkgLsf] k|aGwkqdf Joj:yf ul/P adf]lhd cfof]hgf k|efljt l;Gw'kfNrf]s lhNnfsf :yfgLo afl;Gbfsf] nflu
5'§fOPsf] sDkgLsf] hf/L k"FhLsf] !)Ü n] x'g cfpg] ^) nfv lsQf / ;j{;fwf/0fsf] nflu 5'§fOPsf] !%Ü n] x'g cfpg]
() nfv lsQf u/L s'n @%Ü n] x'g cfpg] ! s/f]8 %) nfv lsQf z]o/afkt ?=! ca{ %) s/f]8 /sd a/fa/sf] z]o/
låtLo r/0fdf ;fj{hlgs lgisfzg ug{sf] nflu lgDgfg';f/sf sfo{x? ;DkGg ePsf 5g\ M
cfof]hgf k|efljt l;Gw'kfNrf]s lhNnfsf :yfgLo afl;Gbfsf] nflu 5'§fOPsf] z]o/sf] ;DaGwdf l;Gw'kfNrf]s
lhNnf ;dGjo ;ldltsf ;efklt, :yfgLo txsf k|d'v÷pkk|d'v Pj+ j8f cWoIfx?, k|d'v /fhg}lts bnsf
g]tfx? tyf dWo ef]6]sf]zL hnljB't sDkgL ln=df ;+:yfut z]o/ nufgL ug{] l;Gw'kfNrf]s lhNnfsf $ j6f
sDkgLsf k|ltlglwx? ;d]tsf] pkl:yltdf ldlt @)&%.!).!* df a}7s a;L pQm z]o/ lgisfzg Pj+ afF8kmfF8
ug{] ;DaGwdf df]8fln6L :ki6 ul/of] .
;f] ;fj{hlgs lgisfzgsf] k"j{ :jLs[lt >L ljB't lgodg cfof]uaf6 ldlt @)&^.)*.@( df k|fKt ul/;lsPsf] .
>L sDkgL /lhi6«f/sf] sfo{fnoaf6 cfjZos z]o/ Pj+ ;+rfns nutnufot sDkgL cBfjlwssf sfuhftx?
k|fKt ul/;lsPsf] .
k|Tofe"ltstf{ >L gful/s nufgL sf]if ;+u låtLo r/0fdf lgisfzg ul/g] ! s/f]8 %) nfv lsQfsf] ldlt
@)&^.)(.@( df z]o/ k|Tofe"lt ;Demf}tf ;DkGg ul/;lsPsf] .
pQm z]o/sf] ;fj{hlgs lgisfzgsf] nflu cfjZos qm]l86 /]l6+usf] sfo{ ;DkGg eO{ qm]l86 /]l6+u ;+:yf >L
s]o/ /]l6+u g]kfn ln=af6 ldlt ;]K6]Da/ @%, @)!( df k|bfg ul/Psf] cfO=lk=cf]= u|]l8ªsf] a}wtf xfn ;lsPsf]
/ lwtf]kq btf{ tyf lgisfzg lgodfjnL, @)&# df ldlt @)&^.!!.)! sf] t];|f] ;+zf]wgaf6 lgod ( v=df
Joj:yf ePg';f/ O:o'o/ /]l6+u -Issuer Rating_ u/fpg' kg]{ a}wflgs k|fjwfg;d]t yk ePsf]n] pQm sfo{sf]
nflu qm]l86 /]l6+u ;+:yf >L s]o/ /]l6+u g]kfn ln=;Fu ldlt ;]K6]Da/ @), @)@) df o; ;+:yfsf O:o'o/
/]l6+u sfo{sf] nflu ;Demf}tf ul/Psf] lyof] . pQm ;+:yfaf6 o; sDkgLnfO{ oyfzL3| /]l6+u k|bfg ul/g] Joxf]/f
hfgsf/L x'g cfPsf] .
;f] ;fj{hlgs lgisfzgsf] nflu ljj/0fkq :jLs[lt Pj+ lwtf]kq bt{fsf] nflu ldlt @)&^.!).)% df g]kfn
lwtf]kq af]8{ af]8{;dIf lgj]bg k]z ul/Psf]df k|f/lDes ;fj{hlgs lgisfzg (IPO) sf] :jLs[ltsf] k|zf]wgsf]
qmddf ljj/0fkqdf :ki6 tyf ;'wf/ ug{‘kg{] ljj/0fx? Pj+ gk'u sfuhftx? k]z ug{ pQm af]8{åf/f ldlt
@)&^.!!.!* sf] kqaf6 k|fKt First Comments / ldlt @)&&.)$.@! sf] kqdf k|fKt Second Comments x?
adf]lhd ljj/0f kqdf ;'wf/ u/L pQm af]8{df z]o/ lgisfzg :jLs[ltsf] nflu ldlt @)&&.)^.@( sf] kqdfkm{t
lgj]bg lbO;lsPsf] . ;f] af]8{af6 :jLs[lt k|fKt x'g] lalQs} oyflz3| z]o/ lgisfzg ul/g] of]hgf /x]sf] Aoxf]/f
cjut u/fpg rfxG5' .
dfly pNn]lvt z]o/ lgisfzg sfo{sf nflu >L Unf]an cfO{=Pd=O{= SofkL6n ln=nfO{ d'Vo z]o/ lgisfzg tyf laqmL
k|aGws / >L k|e' Soflk6n ln=, >L Pg=cfO{=la=Pn= P; Soflk6n ln=, >L nIdL Soflk6n dfs{]6 ln=, >L l;len
Soflk6n dfs{]6 ln=, >L ;flgdf Soflk6n ln= / >L l;=la=cfO{=Pn=Soflk6n ln=nfO{ ;x–z]o/ lgisfzg tyf laqmL
k|aGws lgo'Qm ul/Psf] Joxf]/f;d]t hfgsf/L u/fpg rfxG5' .
^= sDkgLn] e'QmfgL lng'kg{] jf sDkgLn] cGo JolQmnfO{ e'QmfgL ug'{ kg{] egL bfaL ul/Psf] /sd jf o; lzif{sdf d'2f
dfldnf rln/x]sf] eP To;sf] ljj/0f M
o; sDkgLcGtu{t lgdf{0ffwLg dWo ef]6]sf]zL hnljB't cfof]hgfsf] Camp Facilities & Access Road lgdf{0f sfo{sf
7]s]bf/ sDkgL uf}/Lkfj{tL÷;f]a0f{÷vl/9'+uf h]=eL=n] pQm sfo{sf] clGtd lan e'QmfgLdf lrQ ga'emL dWo:y (Ar-
bitration Tribunal) sf] sfof{no, g]kfn dWo:ytf kl/ifb\ -g]Ksf_, s'k08f]n, nlntk'/ ;dIf lalelGg zLif{sdf ?=# s/f]8
#( nfv ^) xhf/ bfaL k]z u/]sf]df pQm Tribunal af6 7]sbf/ sDkgL >L uf}/Lkfj{tL÷;f]j0f{÷vl/9'+uf h]=eL=nfO{ d"No
dWo ef]6]sf]zL hnljB't sDkgL lnld6]8 13
jflif{s k|ltj]bg
@)&^÷)&&

;dfof]hg jfkt Jofh ;lxt ?= !,@$,$$,$$^=$@ e'QmfgL lbg] cfb]z ;lxtsf] lg0f{o ePsf]df ;f] lg0f{o lj?4 o;
sDkgLaf6 kf6g pRr cbfntdf d'2f rln/x]sf] / lg0f{o x'g afFsL /x]sf] Joxf]/f oxfFx? ;dIf hfgsf/L u/fpg rfxG5' .
&= o; sDkgLsf] skf]{/]6 sfof{no tyf cfof]hgf Joj:yfkg / cfof]hgf ;fO{6df ;xfos:t/df sfo{/t sd{rf/L Pj+
sfdbf/sf] ;+Vof !%! hgf /x]sf] 5 .
*= /fli6«o tyf cGt/f{li6«o kl/l:yltn] sDkgLsf] sf/f]af/df kg]{ c;/M
laleGg sf/0fn] cfof]hgfsf] lgdf{0f cjlw ldlt #! l8;]Da/ @)@) ;Dd yk ul/Psf] kl/k|]Iodf ;f]xL cg'?k
cfof]hgfsf] k/fdz{bftfsf] vr{, k|zf;lgs tyf ;+rfng ;+ef/ vr{x?, cfof]hgfn] ;fdflhs pQ/bfloTj sfo{qmd
cGtu{t ;+rfng ug]{ sfo{x?sf] vr{x? a9\g hfg] ePsf]n] o; ;DaGwdf Joj:yfkgn] laZn]if0f ;lxt k]z u/]sf]
k|ltj]bgsf] cfwf/df o; sDkgLsf] ;~rfns ;ldltsf] ldlt @)&^.)&.!& ut]sf] @)$cf}+ a}7ssf] lg0f{ofg';f/ dWo
ef]6]sf]zL hnlaB't cfof]hgfsf] s'n cBfjlws nfut cg'dfg (Revised Cost Estimate) lgdf{0f cjlwsf] Aofh afx]s
?=!% ca{ # s/f]8 @ nfv () xhf/ sfod ul/Psf] 5 . ;'?df cfof]hgfsf] nfut cg'dfg tof/ ubf{ 7]Ssf lab]zL
d'b|fcGt/u{t ;f]xL a]nfsf] k|rlnt lalgdo b/ ! cd]l/sL 8n/ a/fa/ g]kfnL ?=*).– /x]sf] lyof] . at{dfg ;dodf
g]kfnL ?k}+of cd]l/sL 8n/sf] t'ngfdf lg/Gt/ 36a9 eO/xsf] x'Fbf cfof]hgfsf] cg'dflgt nfut ;d]t ;f]xL cg'?k
km/s kg{ hfg] b]lvPsf] 5 .
cfof]hgfsf] lgdf{0f sfo{ x'Fb} ubf{ @)&! ;fn >fj0fdf uPsf] h'/] klx/f]n] c/lgsf] /fhdfu{ ca?4 ePsf] sf/0fn]
cfof]hgfsf] sfo{ k|efljt eO/x]sf] cj:yfdf @)&@ ;fn a}zfvdf uPsf] ljgfzsf/L dxfe"sDk / @)&@ sf] cflZjgb]lv
s/Lj %=% dlxgf ePsf] gfsfaGbL;d]taf6 l;lh{t k|lts"n cj:yfsf] sf/0fx?n] cfof]hgf lgdf{0f sfo{df /f]sfj6 eO{
@)&@ kmfu'gb]lv dfq lgdf{0f sfo{ z'? x'g ;s]sf]n] ;fljssf] lgdf{0f tflnsfdf s/La @ aif{ l9nf] x'g]u/L cyf{t\ #)
h'g @)!( ;Dddf ;DkGg ug]{u/L lgdf{0f sfo{tflnsf ;+zf]wg eO{ lgdf{0f sfo{ eO/x]sf] lyof] . tt\kZrft cfof]hgf
lgdf{0f sfo{sf] qmddf rfs'l:yt x]8jS;{ lgdf{0f:ynsf] d'cfAhf nufot :yfgLot/df laafbx? cfPsf]n] pQm laaf-
bx? ;dfwfg u/L pQm ;fO6 vfnL u/fO{ 7]s]bf/ sDkgLnfO{ x:tfGt/0f ug{ w/} l9nfO{ ePsf] sf/0fn] o; cl3 yk
ul/Psf] ;dofjlwdf klg lgdf{0f sfo{ ;DkGg x'g g;Sg] eO{ ;DalGwt kIfx?;Fu lj:t[t 5nkmn Pj+ u[xsfo{ u/L
cfof]hgfsf] lgdf{0f cjlw k'gM ldlt #! l8;]Da/ @)@) ;Dd yk eO{ ;f]xL cg'?k lgdf{0f sfo{ eO/x]sf]df sf]le8–!(
sf] dfxfdf/Lsf] sf/0fn] ub{f ePsf] aGbfaGbL Pj+ @)&&.)#.@$ ut] /ftL cfof]hgf lgdf{0f:yn j/k/ ef]6]sf]zL gbL Pj+
cf;kf;sf] If]qdf cfPsf] af9L÷klx/f]n] ubf{ cfof]hgfdf k'u]sf] Ifltnufotsf sf/0fn] ubf{ cfof]hgf lgdf{0f ;DkGg
x'g] cjlw yk ug]{ sfo{ k|lqmofdf /x]sf Joxf]/f o; ;Ddflgt ;efdf hfgsf/L u/fpg rfxG5' .
(= sDkgLsf] Joj;flos ;DaGw M
sDkgLsf] Joj;flos ;DaGw ljleGg ;+:yfx?;+u ;'dw'/ /x]sf] 5 . cfof]hgfn] pTkfbg ug]{ ;Dk"0f{ ljB't vl/b ug]{
u/L g]kfn ljB't k|flws/0f;+u ljB't vl/b–laqmL ;Demf}tf eO;s]sf] 5 . To;}u/L o; sDkgL;Fu k|ToIf tyf ck|ToIf
;DaGw /fVg] cGo ;+:yfx? h:t} sDkgL /lhi6«f/sf] sfof{no, lrlnd] hnljB't sDkgL ln=, /;'jfu9L hnljB't sDkgL
ln=, ;fGh]g hnljB't sDkgL ln=, g]kfn c/lgsf] xfO8«f]kfj/ ln=, l;Gw' OGe]i6d]06 s+= k|f=ln=, l;Gw'kfNrf]s xfOO«f]kfj/
s+= ln= tyf l;Gw' ef]6]sf]zL xfOO«f]kfj/ ln=, l;Gw'kfNrf]s lhNnfsf ;/sf/L sfof{nox?, sd{rf/L ;+rosf]if, Pe/]i6
a}+s ln=, g]kfn OGe]i6d]G6 a}+s ln=, ;flgdf a}+s ln=, lxdfnog a}+s ln=, d'lQmgfy ljsf; a}+s ln=tyf l;Gw'kfNrf]s
lhNnfsf :yfgLoaf;Lx? nufot;Fu klg sDkgLsf] ;'dw'/ ;DaGw /x]sf] 5 / eljiodf klg of] ;DaGw cem k|uf9 aGb}
hfg] / o;af6 sDkgL;Fusf] kf/:kl/s ;xof]udf a[l4 x'g] s'/fdf d ljZj:t 5' .
!)= ;~rfns ;ldlt M
k|d'v k|a4{s /x]sf] lrlnd] hnljB't sDkgL ln=sf] #& k|ltzt z]o/ nufgL /x]sf] x'+bf ;f] sDkgLaf6 hDdf $ hgf
;~rfnsx? tyf g]kfn ljB't k|flws/0fsf] !) k|ltzt nufgL /x]sf] x'+bf ! hgf ;~rfns, !÷! k|ltzt z]o/ nufgL
/x]sf :yfgLo $ j6f sDkgLx?sf tkm{af6 ! hgf ;b:o, C0f nufgLsf] nflu ;+emf}tf ePsf] sd{rf/L ;~rosf]ifaf6
;+rostf{sf] tkm{af6 ! hgf ;b:o u/L xfn hDdf & hgf ;~rfns ;b:ox? ;lDdlnt ;~rfns ;ldlt /x]sf] 5 .
sDkgLsf] k|aGwkq tyf lgodfjnLdf ePsf] Joa:yf cg';f/ b'O{ hgf :jtGq ;~rfns ;lxt hDdf !! hgf ;~rfns

14 dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


jflif{s k|ltj]bg
@)&^÷)&&

/xg] Joa:yf /x]sf]n] ;Dk"0f{ z]o/ lgisfzg eO{ z]o/ /sd r'Qmf ePkZrft\ dfq ;~rfns ;ldltn] k"0f{tf kfpg]5 .
xfn;Dd :jtGq ;~rfns lgo'lQm ul/Psf] 5}g .
xfn ;~rfns ;ldltdf lgDgfg';f/ k|ltlglwTj /x]sf] 5 M
;~rfnsx? sfo{sfn tyf kl/jt{g x'g'sf sf/0fx? M
!= >L x//fh Gof}kfg] ;~rfns, g]kfn ljB't k|flws/0ftkm{af6 ldlt @)&! cflZjg !% ut]b]lv @)&#
sflt{s !& ;Dd / lrlnd] h=lj=s+=ln=sf] tkm{af6 @)&# sflt{s !* b]lv xfn;Dd
;~rfns ;ldltsf] cWoIf /xg' ePsf] .
@= >L n]vgfy sf]O/fnf ;~rfns, g]kfn ljB't k|flws/0fsf] tkm{af6 ldlt @)&) r}q & ut]b]lv @)&!
;fn cflZjg !$ ut];Dd / lrlnd] h=lj=s+=ln=sf] tkm{af6 ldlt @)&! kmfu'g !^
ut]b]lv xfn;Dd .
#= >L t'n;L/fd 9sfn ;~rfns, lrlnd] h=lj=s+=ln=sf] tkm{af6 ldlt @)&@ cfiff9 !^ ut]b]lv @)&^
h]i7 @* ;Dd / @)&^.)#.)# b]lv xfn;Dd .
$= >L a|h e"if0f rf}w/L ;~rfns, g]kfn ljB't k|flws/0ftkm{af6 @)&# sflt{s !* b]lv @)&& sflt{s ^
ut];Dd .
%= >L dfwa k|;fb sf]O/fnf ;~rfns, lrlnd] h=lj=s+=ln=sf] tkm{af6 @)&% d+l;/ & ut]b]lv @)&^ d+l;/ @#
ut] ;Dd .
^= >L ;'efif sdf{rfo{ ;~rfns, g]kfn c/lgsf] xfO8«f]kfj/ s+= ln=sf] tkm{af6 ldlt @)&% df3 ! ut]b]lv
@)&^ kf}if d;fGt;Dd .
&= >L w|'a e§/fO{
;~rfns, sd{rf/L ;+rosf]ifaf6 @)&% kmfNu'0f * ut]b]lv xfn;Dd .

*= >L dfwj ;fksf]6f ;~rfns, l;Gw'kfNrf]s xfO8«f]kfj/ sDkgL ln=sf] tkm{af6 @)&^ df3 ! ut] b]lv
xfn;Dd .
(= >L ;'efif s'df/ ld> ;~rfns, lrlnd] h=lj=s+=ln=sf] tkm{af6 @)&^ df3 & ut]b]lv xfn;Dd .
!!= n]vfk/LIf0f k|ltj]bgpk/ ;~rfns ;ldltsf] k|ltlqmof M
n]vfk/LIf0f k|ltj]bg ;lxt cf=a=@)&^.)&& sf] ljj/0fx? oxfFx?nfO{ pknAw u/fOPsf] 5 . n]vfk/LIf0f k|ltj]bgdf
s'g} s}lkmot b]lvPsf] 5}g . sDkgLsf] cfly{s ljj/0fx? g]kfn ljQLo k|ltj]bgdfg (Nepal Financial Reporting
Standards, NFRS) cg'?k tof/ ul/Psf] Joxf]/f oxfFx?nfO{ cjut u/fpg rfxG5' .

!@= /fxt tyf p2f/sf sfo{ M


:yfgLo afl;Gbfx?sf] lxtnfO{ ;d]t Wofgdf /fvL af9L klx/f]af6 Iflt eO{ ca?4 x'g k'u]sf] cfof]hgf If]qsf] ljleGg
v08sf] c/lgsf] nf]sdfu{sf] dd{t;+ef/ sf] sfo{ o; cfof]hgfn] ub}{ cfPsf] 5 . cGo k|ToIf /fxt Pj+ p4f/sf sfo{x?
eg] cf=a=@)&^.)&& df ug'{kg]{ cj:yf cfOgk/]sf] Joxf]/f oxfFx?nfO{ cjut u/fpg rfxG5' .
!#= sDkgLsf] cf7f}+ aflif{s ;fwf/0f ;ef M
o; sDkgLsf] cf7f}F aflif{s ;fwf/0f ;ef ldlt @)&^ sflQs @( ut] :df6{ Sofkm], w'Daf/fxL, sf7df08f}+df ;DkGg
ePsf] lyof] . pQm ;fwf/0f ;efdf z]o/wgLx?n] p7fpg' ePsf ;d;fdlos ljifox?nfO{ cfTd;ft ub}{ sDkgLsf
lqmofsnfkx? tyf cfof]hgfsf] lgdf{0f sfo{ ;'rf? ul/b} cfPsf] Joxf]/f hfgsf/L u/fpg rfxG5' .
!$= cfGt/Ls lgoGq0f k|0ffnL M
sDkgLsf] cfGt/Ls lgoGq0fnfO{ k|efjsf/L agfO /fVg o; sDkgLsf] cfkm\g} cfly{s k|zf;g tyf vl/b ljlgodfjnL,

dWo ef]6]sf]zL hnljB't sDkgL lnld6]8 15


jflif{s k|ltj]bg
@)&^÷)&&

@)&! ;~rfns ;ldltaf6 :jLs[t eO{ nfu" eO;s]sf] 5 . sd{rf/L ;]jf zt{ ljlgodfjnLsf] xsdf o; sDkgLsf]
d'Vo k|a4{s >L lrlnd] hnljB't sDkgLn] nfu" u/]sf] ljlgodfjnL o; sDkgLdf klg ;~rfns ;ldltaf6 lg0f{o
u/fO{ ;f]xL cg';f/ kl/kfngf ul/Psf] 5 . o; sDkgLsf] cfkm\g} sd{rf/L ;]jfzt{ ljlgodfjnL th'{df u/L nfu" ug{
tof/ ul/Psf] d:of}bf >d P]g, @)&$ df ePsf k|fawfgx?;d]tsf cfwf/df cBfjlws x'g]u/L ;~rfns ;ldltaf6
ul7t pk;ldltaf6 k'g/fjnf]sg u/fO{ nfu" ug{ u[xsfo{ eO/x]sf] Joxf]/f cjut u/fpg rfxG5' . o; sDkgLcGtu{t
x'g] vl/b;DjGwL ;Dk"0f{ sfo{x?sf nflu ;fj{hlgs vl/b P]g, @)^# sf] cfwf/df th'{df u/L sfof{Gjogdf /x]sf]
cfly{s k|zf;g tyf vl/b ljlgodfjnLdf ePsf Joj:yfx?nfO{ kl/kfngf ul/Psf] 5 eg] pQm ljlgodfjnLn] g;d]6]sf
ljifox?sf] ;DjGwdf ;fj{hlgs vl/b P]g, @)^# df ePsf k|fjwfgnfO{ g} cfTd;ft ul/Psf] 5 .
sDkgL tyf cfof]hgfsf] cfly{s sf/f]jf/x?sf] n]vf+sg sfo{ Jojl:yt ug{ e/kbf]{ ;km\6j]o/sf] Joj:yf u/L o;df
;dofg's"n cBfjlws ug]{ sfo{ ul/b} cfPsf] 5 . sDkgLsf] cfjZostf cg';f/ sDkgL / cfof]hgfsf sd{rf/Lx?sf]
k]/f]n Joj:yfkg ug]{ sfo{ klg ;km\6j]o/sf] dfWodaf6 ljutb]lv g} Jojl:yt ul/b}+ cfPsf] 5 . sDkgL tyf
cfof]hgfdf xflh/L, sfh tyf cf]e/6fod Jojl:yt ug{ sfo{lalw agfO{ nfu" ul/Psf] 5 . sDkgLsf] lx;fa lstfanfO{
kf/bzL{ / ljZj;lgotfsf nflu cfGt/Ls n]vfk/LIfs lgo'lQm u/L ;f] af6 k|fKt k|ltj]bgsf] j:t'l:ylt n]vfk/LIf0f
;ldltn] cWoog u/L hfgsf/Lsf nflu ;~rfns ;ldltdf k]z ug]{ Joj:yf ldnfOPsf] 5 . tLg hgf ;~rfns /xg]
u/L Ps n]vfk/LIf0f ;ldltsf] u7g ul/Psf] 5 .
Ps hgf ;~rfns cWoIf, sfo{sf/L k|d'v, sDkgL ;lrj / ;DjlGwt ljifosf] Ps hgf sd{rf/L ;b:o /xg] u/L Ps
sd{rf/L kbk"lt{ ;ldlt u7g ul/Psf] 5 . sd{rf/L kbk"lt{ ug]{, lgod ljlgod ;+zf]wg tyf kl/dfh{gsf nflu ;~rfns
;ldltdf l;kmfl/; ug]{ nufotsf sfo{x? o; ;ldltn] ug]{ u/]sf] 5 .
o; sDkgLaf6 lgdf{0f eO/x]sf] dWo ef]6]sf]zL hnljB't cfof]hgfsf] sfo{k|ult cg'udg Pj+ d"Nof+sg ug{ tyf
cfof]hgf lgdf{0f sfo{df ;xhLs/0f ug{ ;~rfns ;ldltn] rf/ hgf ;~rfns / sfo{sf/L k|d'v ;b:o /x]sf] Ps
cfof]hgf sfof{Gjog cg'udg ;ldlt (Project Implementation Monitoring Committee) agfO{ lqmofzLn agfOPsf]
5 . o; ;ldltn] cfof]hgf lgdf{0f sfo{sf] cg'udg ug'{sf ;fy} cfjZostfg';f/ a}7s a;L cfof]hgfdf cfOk/]sf
ljleGg ;d:ofx?pk/ 5nkmn Pj+ u[xsfo{ u/L ;dfwfgsf pkfox?;lxt ;~rfns ;ldltdf k]z ug]{ tyf cfjZos
b]lvPsf ljifodf cfof]hgf Joj:yfkgnfO{ lgb]{zg lbg] kl/kf6L canDag u/L cfof]hgf lgdf{0f sfo{df ;dGjo,
;xhLs/0f / lgoGq0f ul/Psf] 5 .
!%= Joa:yfkg vr{ M
o; sDkgLcGtu{t dWo ef]6]sf]zL hnljB't cfof]hgf lgdf{0fsf] qmddf /x]sf] x'Fbf o; sDkgLsf] s]Gb|Lo sfof{nodf
sfo{/t sd{rf/L vr{ tyf x|f; vr{nufot cGo sfof{no ;+rfng ug{ nfu]sf] vr{ ?=#,)#,@*,))#.– / Finance Charge
?=@,$(,!#,(@&.– ;d]tnfO{ Joa:yfkg vr{ dflgPsf] 5, h; cg';f/ cf=a=@)&^÷)&& df hDdf ?=%,%@,$!,(#).–
vr{ ePsf] 5 .
!^= n]vfk/LIf0f ;ldlt
sDkgL P]g, @)^# sf] bkmf !^$ df ePsf] Joj:yf cg';f/ sDkgLsf] ;~rfns ;ldltn] Ps n]vfk/LIf0f ;ldlt u7g
u/]sf] 5 . pQm ;ldltdf lgDgfg';f/sf ;~rfnsx? /xg' ePsf] 5 M
-!_ >L n]vgfy sf]O/fnf cWoIf, ldlt @)&! r}q !% ut]b]lv xfn;Dd .
-#_ >L w|'a e§/fO{ ;b:o, @)&% kmfNu'0f @% ut]b]lv xfn;Dd .
-#_ >L ;'efif s'df/ ld> ;b:o, @)&^ df3 !& ut]b]lv xfn;Dd . -@)&^ d+l;/ @# ut];Dd >L dfwj k|;fb
sf]O/fnf ;b:o /xg' ePsf]]_ .
ah]6 k'g/fjnf]sg ug{, n]vfk/LIf0f k|ltj]bgpk/ 5nkmn ug{, cfjlws ?kdf lx;fa lstfasf] lg/LIf0f ug{, n]vfk/LIfs
lgo'lQmsf nflu l;kmfl/; ug]{ nufotsf sfo{x?sf nflu cf=a=@)&^÷)&& df n]vfk/LIf0f ;ldltsf] a}7s hDdf ^
k6s a;]sf] 5 .

16 dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


jflif{s k|ltj]bg
@)&^÷)&&

!&= ;~rfns tyf pRr kb:y kbflwsf/Lsf] kfl/>lds M


cf= a=@)&^÷)&& df sDkgLsf ;~rfns tyf pRr kbflwsf/Lx?n] lgDgfg';f/ k|lt JolQm k|lt a}7s eQf tyf ;'ljwf
k|fKt ug'{ ePsf] lyof] M
!= ;~rfns ;ldltsf ;b:o nufot cfdlGqt ;a} ?= %,))).–
@= ;~rfns ;ldltn] u7g u/]sf] ;ldlt ?= #,))).–
#= sfo{sf/L k|d'vn] u7g u/]sf] pk–;ldltsf] ?= !,%)).–
$=sDkgLsf ;~rfnsnfO{ sDkgLsf dxfk|aGws ;/x b}lgs tyf e|d0f eQf lbg] Joj:yf /x]sf] 5 .
cf=a=@)&^÷)&& df hDdf @) k6s ;~rfns ;ldltsf] a}7s ;DkGg ePsf] lyof] .
s[t1tf 1fkg tyf wGojfb,
dWo ef]6]sf]zL hnljB't cfof]hgfsf] lgdf{0f lgwf{l/t ;doleq ;DkGg ug{sf] nflu k|f/lDes cWoog z'? ePb]lv xfnsf]
lgdf{0ffwLg cj:yf;Dd NofO{ k'¥ofpg k|ToIf jf ck|ToIf ?kn] ;xof]u ug]{ u[x dGqfno, pmhf{, hn>f]t tyf l;+rfO{+{
dGqfno, jg tyf jftfj/0f dGqfno, e"ld Joj:yf, ;xsf/L tyf ul/aL lgjf/0f dGqfno, ljB't lgodg cfof]u, ljB't
ljsf; ljefu, ;8s ljefu, sDkgL /lhi6«f/sf] sfof{no, g]kfn lwtf]kq af]8{, l;=l8=P;= P08 lSnol/Ë ln=, g]kfn
:6s PS;r]~h lnld6]8, g]kfn ljB't k|flws/0f, lrlnd] hnljB't sDkgL lnld6]8 nufot g]kfn ;/sf/sf ljleGg
lgsfosf kbflwsf/Lx?nfO{ d wGojfb lbg rfxG5' . o;} qmddf sf7df08f} lhNnf k|zf;g sfof{no, l;Gw'kfNrf]s lhNnf
k|zf;g sfof{no, lhNnf ;dGjo ;ldlt l;Gw'kfNrf]s, lhNnf dfnkf]t sfof{no, lhNnf jg sfof{no, lhNnf k|x/L
sfof{no, ;z:q k|x/L an ;Ldf ;'/Iff sfof{no nfdf];fF3', g]kfnL ;]gf, afx|la;] gu/kflnsf, ef]6]sf]zL ufpFkflnsf
nufot l;Gw'kfNrf]ssf ;Dk"0f{ gu/kflnsf tyf ufpFkflnsfx?af6 cfof]hgf sfof{Gjogdf k"0f{ ;xof]u k|fKt ePsf]df
wGojfb lbg rfxG5' / cfufdL lbgx?df klg lg/Gt/ ;xof]u kfpg] ljZjf; /fv]sf] 5' .
o; sDkgL tyf cfof]hgfsf] cfly{s sf/f]af/ ;+rfng Pj+ sf]if k|jfx ug]{ l;nl;nfdf dxTjk"0f{ ;xof]u k'¥ofpb}+
cfPsf sd{rf/L ;+rosf]if, Pe/]i6 a}+s ln=, g]kfn OGe]i6d]G6 a}+s ln=, ;flgdf a}+s ln=, lxdfnog a}+s ln=, d'lQmgfy
ljsf; a}+s ln= tyf o; sDkgLsf] z]o/ lgisfzg sfo{df ;+nUg d'Vo z]o/ lgisfzg tyf laqmL k|aGws +>L Unf]an
cfO{=Pd=O{= SofkL6n ln=tyf ;x–z]o/ lgisfzg tyf laqmL k|aGwsx? >L k|e' Soflk6n ln=, >L Pg=cfO{=la=Pn=
P; Soflk6n ln=, >L nIdL Soflk6n dfs{]6 ln=, >L l;len Soflk6n dfs{]6 ln=, >L ;flgdf Soflk6n ln= / >L
l;=la=cfO{=Pn=Soflk6n ln= nufotsf ljQLo ;+:yfx?df d xflb{s wGojfb lbg rfxG5' .
cfof]hgfsf] lgdf{0f / ;+rfng;DaGwL sfo{df ;xof]u / ;b\efj b]vfpb} cfpg' ePsf cfof]hgf j/k/sf ;Dk"0f{
:yfgLojf;Lx?, :yfgLo lgsfosf kbflwsf/Lx?, jg pkef]Qmf ;ldltx?, cfdf ;d"xx?, o'jf Snj, z}lIfs ;+:yf,
;/f]sf/ ;ldltx? / k|ToIf jf k/f]If?kdf ;xof]u ug'{x'g] a'l4hLlj ju{ / kqsf/ ldqx?nfO{ klg d wGojfb lbg
rfxG5' .
o; cfof]hgfsf] k|f/lDes cWoog z'? ePb]lv xfnsf] cj:yf;Dd Nofpg ;xof]u k'¥ofpg] g]kfn ljB't k|flws/0f tyf
lrlnd] hnljB't sDkgLsf sd{rf/Lx?df xflb{s wGojfb lbg rfxG5' .
cfof]hgfnfO{ o; r/0f;Dd ;kmntfk"j{s NofO{ k'¥ofpg cgj/t?kdf lqmofzLn o; sDkgL tyf cfof]hgfsf ;a}
sd{rf/Lx?nfO{ xflb{s wGojfb lbg rfxG5' . ;fy} cfof]hgfsf] cWoog Pj+ lgdf{0fsf] qmddf k|ToIf jf k/f]If?kdf
;xof]u ug'{ x'g] ;a}nfO{ wGojfb lbg rfxG5' .
o; cfof]hgfnfO{ k|ToIf jf k/f]If?kdf ;xof]u ug'{ x'g] l;Gw'kfNrf]s lhNnfsf ;ef;bx?, ljleGg /fhg}lts bnsf
g]tf tyf sfo{stf{x?, ;/f]sf/jfnf ;+3 ;+:yf, lzIfs, ljBfyL{, ;dfh;]jL, gful/s ;dfh, kqsf/, a'l4hLla, lhNnfsf
;/sf/L lgsfox?, ;'/Iff lgsfox?nufot ;Dk"0f{ ;/f]sf/jfnfx?Kf|lt o; sDkgLsf] tkm{af6 xflb{s cfef/ k|s6 ub{5' .
o; cfof]hgfsf] ;kmn sfof{Gjog ug{sf] nflu k|f/Deb]lv xfn;Dd ;xof]u k'¥ofpg' ePsf ;~rfns ;ldltsf
;b:ox?, lrlnd] hnljB't sDkgLsf 6«]8 o"lgog, g]kfn ljB't k|flws/0fsf 6«]8 o"lgog Pj+ ;+3 ;+u7gx?, sd{rf/L
;~ro sf]ifsf lqmofzLn 6«]8 o"lgogx? nufot ;a} sd{rf/Lx?nfO{ wGojfb lbg rfxG5' .

dWo ef]6]sf]zL hnljB't sDkgL lnld6]8 17


jflif{s k|ltj]bg
@)&^÷)&&

dWo ef]6]sf]zL hnljB't sDkgLsf] ljQLo Joj:yfkgdf ;xof]u / ;b\efj /fVg] sd{rf/L ;+rosf]if tyf ljQLo
;+:yfx?k|lt cfef/ JoQm ub{5' .
cGTodf, ;Dk"0f{ z]o/wgL dxfg'efjx?n] sDkgL / sDkgL ;~rfns ;ldltk|lt b]vfpg' ePsf] ;xof]u, ;b\efj /
ljZjf;sf] lgldQ d pxfFx?k|lt xflb{s wGojfb 1fkg ug{ rfxG5' / cfufdL lbgx?df klg o;/L g} lg/Gt/ ;fy
lbg'x'g]5 eGg] cfzf JoQm ub{5' .
wGojfb,
cWoIf
dWo ef]6]sf]zL hnljB't sDkgL ln=
dxf/fhu+h, sf7df8f}+ .
ldlt @)&&÷)(÷!# ut] .

cfof]hgf lgdf{0f :yn

l;Gw'kfNrf]s lhNnfdf lgdf{0fflwg !)@ d]=jf= Ifdtfsf] dWo ef]6]sf]zL hnljB't cfof]hgf lgdf{0f :ynsf] /]vf+sg

18 dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


jflif{s k|ltj]bg
@)&^÷)&&

cf=a=
@)&^÷)&& sf]
n]vfk/LIf0f ePsf
ljQLo
ljj/0fx? M

dWo ef]6]sf]zL hnljB't sDkgL lnld6]8 19


jflif{s k|ltj]bg
@)&^÷)&&

20 dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


jflif{s k|ltj]bg
@)&^÷)&&

dWo ef]6]sf]zL hnljB't sDkgL lnld6]8 21


jflif{s k|ltj]bg
@)&^÷)&&

22 dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


jflif{s k|ltj]bg
@)&^÷)&&

Madhya Bhotekoshi Jalavidyut Company Limited


Statement of Financial Position
As at 31st Ashadh 2077 (15 July 2020)
NRs.
Restated*
31.03.2077
Particulars Notes 31.03.2076
(16.07.2020)
(16.07.2019)
Assets
Non Current Assets
Property, Plant and Equipment 1.1 488,188,860 496,429,733
Capital Work in Progress 1.2 7,698,539,739 5,717,447,916
8,186,728,599 6,213,877,649
Current Assets
Investments 2 250,000,000 1,170,000,000
Inventory 3 238,416 374,204
Prepayments 4 803,114 534,731
Advances, Deposits and Other Assets 5.1.1 917,848,090 881,674,836
Cash and Cash Equivalents 5.1.2 135,235,939 74,889,988
1,304,125,559 2,127,473,759
Total Assets 9,490,854,159 8,341,351,408

Equity and Liabilities

Equity
Share Capital 6 4,500,000,000 4,500,000,000
Retained Earnings 7 (252,526,701) (197,495,379)
Total Equity 4,247,473,299 4,302,504,621

Non Current Liabilities


Other Non Current Liabilities
Long Term Loans 10 5,009,648,186 3,895,307,301
Provisions 11 2,357,746 1,709,618
5,012,005,933 3,897,016,919
Current Liabilities
Trade and Other Payables 5.2.1 231,374,927 141,829,869

Total Liabilities 5,243,380,860 4,038,846,787

Total Equity and Liabilities 9,490,854,159 8,341,351,408

……………………… ………………………. …………..……….


Tulasi Ram Dhakal Lekhanath Koirala Hara Raj Neupane
Member Member Chairman

……………………… ………………………
Dhurba Bhattarai Braj Bhushan Chaudhary
Member Member As per
As per our
our report
report of
of even date

……………………… ……………………… ……………………


..........................................
Subhash Kumar Mishra Madhav Sapkota C.A.Dhruba
C.A. DhrubaAdhikari
Adhi
Member Member MGS&&Associates,
MGS Associate
CharteredAccountant
Chartered Accoun

……………………… ………………………
Bharat Shamser Bhattarai Mani Kumar Kafle
Chief Finance Officer Chief Executive Officer

nd th
Date :22 October 2020 (06 Kartik 2077)

dWo ef]6]sf]zL hnljB't sDkgL lnld6]8 23


jflif{s k|ltj]bg
@)&^÷)&&

Madhya Bhotekoshi Jalavidyut Company Limited


Statement of Profit or Loss and other Comprehensive Income
For the year ended 31st Ashadh 2077 (15 July 2020)
NRs.
Restated*
31.03.2077
Particulars Notes 31.03.2076
(16.07.2020)
(16.07.2019)
Income
Revenue from Sale of Electricity - -

Expenses
Administrative and Other Operating Expenses 8,13 29,415,970 36,945,730
Depreciation 1.1 912,033 1,143,472

Operating Profit/ (Loss) (30,328,004) (38,089,202)


Finance Income 14 - -
Other Income 15 210,608 236,686
Finance Charge 16 (24,913,927) (13,205,918)

Profit/ (Loss) before Tax (55,031,322) (51,058,435)


Less: Tax
Current Tax 9 -
Deferred Tax Income (Expense) 9 -
Net Profit/ (Loss) For the Year (55,031,322) (51,058,435)

Earnings Per Share


Basic (Net Profit/(Loss)/Share Capital 17 (1.22) (1.13)
Diluted (1.22) (1.13)

Other Comprehensive Income:


Changes in revaluation surplus - -
Actuarial Gain (Loss) on remeasurements of defined
benefit plans
Gains and Losses on financial assets measured at fair
value through other comprehensive income
Income Tax relating to items that will not be reclassified
Other Comprehensive Income for the Year - -

Total Comprehensive Income (55,031,322) (51,058,435)

……………………… ………………………. …………..……….


Tulasi Ram Dhakal Lekhanath Koirala Hara Raj Neupane
Member Member Chairman

……………………… ………………………
Dhurba Bhattarai Braj Bhushan Chaudhary
Member Member As per our
As per our report
report of
o even date

……………………… ……………………… …………………


..........................................
Subhash Kumar Mishra Madhav Sapkota C.A.Dhruba
C.A. DhrubaAdhikari
Adh
Member Member MGS&&Associates,
MGS Associat
CharteredAccountant
Chartered Accoun

……………………… ………………………
Bharat Shamser Bhattarai Mani Kumar Kafle
Chief Finance Officer Chief Executive Officer

Date :22nd October 2020 (06th Kartik 2077)

24 dWo ef]6]sf]zL hnljB't sDkgL lnld6]8


jflif{s k|ltj]bg
@)&^÷)&&

Madhya
Madhya Bhotekoshi
Madhya Bhotekoshi
Bhotekoshi
JalavidyutJalavidyut
CompanyJalavidyut
Limited Company
Company Limited Limited
StatementStatementStatement
of Cash of Cash of
Flows Cash Flows
Flows
For the year For
Forended the
the year year
31stended ended
Ashadh
31st2077 31st
Ashadh Ashadh
(15 July
20772020) 20772020)
(15 July (15 July 2020)
NRs. NRs. NRs.
Restated* Restated* Restated*
31.03.2077 31.03.2077 31.03.2077
Particulars
Particulars Particulars 31.03.2076 31.03.2076 31.03.2076
(16.07.2020) (16.07.2020) (16.07.2020)
(16.07.2019) (16.07.2019) (16.07.2019)
Cash Flow from Cash
Cash Operating
Flow Flow from from Operating
Activities
Operating Activities
Activities
Profit
Profit beforeProfit
Tax beforebefore Tax Tax (55,031,322) (55,031,322) (55,031,322)
(51,058,435) (51,058,435) (51,058,435)
Adjustments
AdjustmentsAdjustments
Depreciation
Depreciation Depreciation 9,449,880 9,449,880 9,449,880
6,433,461 6,433,461 6,433,461
Income from IncomeIncome
Investment from from
and Investment
Investment
Bank Deposit
and BankandDeposit
Bank Deposit - (64,278,192)
- -
(64,278,192) (64,278,192)
Finance Charge Finance
Finance Charge
Charge 24,913,927 24,913,927 24,913,927
13,205,918 13,205,918 13,205,918
Share
Share isue expenses
Share of isue
isue previousexpenses
expenses year of previous
of previous year year - -
- 1,231,500 1,231,500 1,231,500
Movements in Movements
Movements
Working Capital in Working
in Working Capital Capital
(Increase)/Decrease
(Increase)/Decrease
(Increase)/Decrease
in Inventory in Inventory in Inventory 135,788 135,788(154,301) 135,788
(154,301) (154,301)
(Increase)/Decrease
(Increase)/Decrease
(Increase)/Decrease
in Prepayments in Prepayments
in Prepayments (268,383) (268,383)
(268,383)(318,818) (318,818) (318,818)
(Increase)/Decrease
(Increase)/Decrease
(Increase)/Decrease
in Advances, in in Advances,
Deposits
Advances, Other Deposits
and Deposits and Otherand Other
Receivables
Receivables Receivables 110,872,434
(36,173,254) (36,173,254) 110,872,434
(36,173,254) 110,872,434
Increase/(Decrease)
Increase/(Decrease)
Increase/(Decrease)
in Provisions in Provisions in Provisions 648,128 648,128 791,280 648,128 791,280 791,280
Increase/(Decrease)
Increase/(Decrease)
Increase/(Decrease)
in Trade anf other in Trade
in Trade
payable anfpayable
anf other other payable 64,631,132 64,631,132 64,631,132
29,358,105 29,358,105 29,358,105
Income
Income TaxesIncome
Paid TaxesTaxes PaidPaid - - - - - -
Total AdjustmentsTotal
Total Adjustments
Adjustments 63,337,218 63,337,218 63,337,218
97,141,388 97,141,388 97,141,388
Net Cash flow NetNet
from Cash
Cash flowflow
Operating from from
ActivitiesOperating
Operating Activities
(A)Activities (A) (A) 8,305,896 8,305,896 8,305,896
46,082,953 46,082,953 46,082,953
Cash Flow from Cash
Cash Investing
Flow Flow from from
ActivitiesInvesting
Investing Activities
Activities
Increase
Increase in Property,
Increase Plant inand
Property,
in Property, Plant Plant
Equipment and Equipment
and Equipment (1,209,007) (1,209,007) (1,209,007)
(1,014,706.88) (1,014,706.88) (1,014,706.88)
Increase in CWIP Increase
Increase in CWIP
in CWIP (1,981,091,824) (1,981,091,824)
(1,981,091,824)
(1,127,942,565.89)
(1,127,942,565.89) (1,127,942,565.89)
Proceeds
Proceeds fromProceeds
Sale of Asset
from from
Sale Sale of Asset
of Asset - - -
Decrease/
Decrease/ (Increase)
Decrease/ (Increase)
in Investment
(Increase) in Investment
in Investment 920,000,000 920,000,000 920,000,000
(1,170,000,000)(1,170,000,000) (1,170,000,000)
Income
Income from Income
Investment from from
and Investment
Investment
Bank Deposit
and BankandDeposit
Bank Deposit - -
-64,278,192 64,278,192 64,278,192
Net Cash Flow Net Net
from
CashCash
Investing
Flow Flow
from from
ActivitiesInvesting
Investing Activities
(B)Activities (B) (B)
(1,062,300,831) (1,062,300,831)
(1,062,300,831)
(2,234,679,081)(2,234,679,081) (2,234,679,081)
Cash Flow from Cash
Cash Financing
Flow Flow from from Financing
Activities
Financing Activities
Activities
Increase/
Increase/ (Decrease)
Increase/ (Decrease)
in (Decrease)
Capital in Capital
in Capital - 1,440,000,000
- -
1,440,000,000 1,440,000,000
Increase/
Increase/ (Decrease)
Increase/ in (Decrease)
Long(Decrease) in Term
TerminBorrowings
Long LongBorrowings
Term Borrowings 1,114,340,8861,114,340,886 1,114,340,886
547,401,891 547,401,891 547,401,891
Net Cash Flow Net Net
from
CashCash
Financing
Flow Flow
from from
ActivitiesFinancing
Financing ( CActivities
) Activities
(C) ( 1,114,340,886
C) 1,114,340,886 1,114,340,886
1,987,401,891 1,987,401,891 1,987,401,891
inNet
Net Increase Net CashIncrease
Increase(A+B+C) in Cash
in Cash (A+B+C)(A+B+C) 60,345,950 60,345,950 60,345,950
(201,194,238) (201,194,238) (201,194,238)
Cash at BeginningCash
Cash at at
theBeginning
ofBeginning Year of theofYear the Year 74,889,988 74,889,988 74,889,988
276,084,226 276,084,226 276,084,226
Cash at the End Cash
Cash ofattheatYear
the the
EndEnd of theofYear
the Year 135,235,939 135,235,939 135,235,939
74,889,988 74,889,988 74,889,988
(1) (1) (0) (1) (0) (0)

……………………… ………………………
……………………… ………………………. ……………………….……………………….…………..………. …………..………. …………..……….
Tulasi
Tulasi Ram Dhakal
Tulasi Ram
Ram Dhakal
Dhakal Lekhanath Koirala Lekhanath Koirala
Lekhanath Koirala Hara Raj Neupane Hara Raj Neupane
Hara Raj Neupane
Member Member
Member Member Member Member Chairman Chairman Chairman

……………………… ………………………
……………………… ……………………… ……………………… ………………………
Dhurba
Dhurba Bhattarai
Dhurba Bhattarai
Bhattarai Braj BhushanBraj
Chaudhary Braj
Bhushan Bhushan Chaudhary
Chaudhary
Member Member
Member Member Member Member As per our report
As perofour
even date ofAs
report per
even our report of ev
date

……………………… ………………………
……………………… ……………………… ……………………… ……………………… ……………………… ………………………………………………
Subhash
Subhash Kumar Kumar
MishraKumar
Subhash Mishra
Mishra Madhav Sapkota Madhav Sapkota
Madhav Sapkota C.A. Dhruba AdhikariC.A. Dhruba Adhika
C.A. Dhruba Adhikari
Member Member
Member Member Member Member MGS & Associates, MGS & Associates,
MGS & Associates,
Chartered AccountantChartered Accountan
Chartered Accountant

……………………… ………………………
……………………… ……………………… ……………………… ………………………
Bharat ShamserBharat
Bharat Shamser
Bhattarai
Shamser Bhattarai
Bhattarai Mani KumarMani
Mani Kumar Kafle KafleKumar Kafle
Chief
Chief FinanceChief
Officer Finance
Finance Officer
Officer Chief Executive
Chief
Officer Chief
Executive Executive Officer
Officer

Date :22nd October


nd ndth
(06th Kartik
th
Date
Date :22:22
2020 (06October
October
Kartik 2020
20202077) (06 2077)
Kartik 2077)

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Madhya Bhotekoshi Jalavidyut Company Limited


Statement of Changes in Equity
For the year ended 31st Ashadh 2077 (15 July 2020)
NRs.
Particulars Share Capital Retained Earning Total
Opening Balance as on 1 Shrawan 2076 (17
July 2019) 4,500,000,000 (113,401,319) 4,386,598,681
Adjustments - (84,094,060) (84,094,060)
Adjusted Opening Balance 4,500,000,000 (197,495,379) 4,302,504,621
Receipt of Call Amount of Equity Shares - -
Net Profit after Tax (55,031,322) (55,031,322)
Adjustments - -
Closing Balance as on 31 Ashadh 2077 (15
July 2020) 4,500,000,000 (252,526,701) 4,247,473,299

……………………… ………………………. …………..……….


Tulasi Ram Dhakal Lekhanath Koirala Hara Raj Neupane
Member Member Chairman

……………………… ………………………
Dhurba Bhattarai Braj Bhushan Chaudhary
Member Member As per our report of even

……………………… ……………………… ………………………


Subhash Kumar Mishra Madhav Sapkota C.A. Dhruba Adhikari
Member Member MGS & Associates,
Chartered Accountant

……………………… ………………………
Bharat Shamser Bhattarai Mani Kumar Kafle
Chief Finance Officer Chief Executive Officer

nd th
Date :22 October 2020 (06 Kartik 2077)

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Madhya Bhotekoshi Jalavidyut Company Ltd.


Maharajgunj, Kathmandu
Explanatory Notes FY 2076-77 (2019/20)
1. General Information of the Company
Madhya Bhotekoshi Jalavidyut Company Ltd (MBJCL or the Company) was incorporated
in 2067 BS with the objective of hydroelectricity generation through optimal utilization
of resources available within the country. The Company is registered with the Office of
the Company Registrar as a Public Limited Company.
Chilime Hydropower Company Limited (CHPCL) holds majority ownership with 37%
shareholding. Remaining 63% shareholding is from Nepal Electricity Authority (NEA),
four local companies, Local Public of Project Affected District, Depositors of EPF,
Employees of Promoter companies & EPF, and General Public.
The detailed structure of Equity of the Company is given as below:

The Company is handling the project of Middle Bhotekoshi Hydroelectric Project


(MBKHEP) with 102 MW installed capacity power plant. The construction of project
was started on February 11, 2014 (2070/10/28). The project is located in Barhabise

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Municipality & Bhotekoshi Gaunpalika. It has entered into an agreement with NEA for
bulk electricity supply at rates agreed upon in Power Purchase Agreement (PPA). The
annual energy generation from the plant is estimated to be approximately 542,297,900
KWh.
2.Statement of Compliance
The Financial Statements have been prepared in accordance with Nepal Financial
Reporting Standards (NFRS) to the extent applicable and as published by the Accounting
Standards Board (ASB) Nepal and is approved by the 225th Meeting of Board of
Directors held on 22nd October 2020 AD (2077/07/06 BS) and have been recommended
for approval by shareholders in the 9th Annual General Meeting.
3. IFRIC 12 Considerations
The company has considered applicability of IFRIC 12 Service Concession Agreement,
issued by International Accounting Standard Board (IASB) for preparation and
presentation of financial statements. Madhya Bhotekoshi Jalavidyut Company Ltd.
(MBJCL), after due consideration has not applied IFRIC 12 while preparing these
financial statements on the following grounds.
a. The company sells electricity to Nepal Electricity Authority at price independent
of the price charged by NEA to general public. NEA for the ultimate sale of
electricity is bound by the rates determined by Electricity Tariff Commission set
up by the government, whereas NEA purchases electricity on the basis of different
commercial agreement with the power producers. Electricity Tariff Commission
does not determine the rate at which NEA purchases or has to purchase from the
power producers. There have been instances where the rates charged by NEA to the
general public is lower than it paid to some of the power producers.
b. The license agreement with Department of Electricity Development (DoED) for
Middle Bhotekoshi Hydroelectric Project being developed by MBJCL does not
obligate the company to sell electricity to NEA or any specific buyer.
c. The company does not receive any specific concession for the use of the natural
resource. The company has to pay to the government for the use of the natural
resources in the form of royalty.
d. The company under Power Purchase Agreement (PPA) sells energy to NEA and not
directly to the general public.
e. Though the project is to be transferred to the government at the end of the licence
period the legal title of the project is with the company, including the control of
access to the project site. In addition the company has right to pledge the assets as
lien for availing finances from financial institutions.

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4. Basis of Preparation and Reporting Pronouncements


The Company has, for the preparation and presentation of Financial Statements, opted
to adopt Nepal Financial Reporting Standards (NFRSs) from the erstwhile Nepal
Accounting Standards (NASs) both pronounced by Accounting Standards Board (ASB)
Nepal. NFRS was pronounced by ASB Nepal as effective on September 13, 2013.
The relevant financial and disclosure impacts have been detailed and disclosed in relevant
sections of the Financial Statements.
NFRS 9 – Financial Instruments has been issued but is not effective until further notice.
For the reporting of financial instruments, NAS 32 Financial Instruments, Presentation,
NAS 39 Financial Instruments recognition and Measurements and NFRS 7 Financial
Instruments – Disclosures have been applied. A significant impact on classification and
measurement including impairment of financial instruments, may arise as a result of
application of NFRS 9.
A number of new standards and amendments to the existing standards and interpretations
have been issued by IASB after the pronouncements of NFRS with varying effective
dates. Those only become applicable when ASB Nepal incorporates them within NFRS.
5. Accounting Convention
The Financial Statements have been prepared on a historical cost convention except
for certain financial elements that have been measured at fair value, wherever NFRS
requires or allowed such measurement. The fair values, wherever used, are discussed in
relevant Notes.
The Financial Statements are prepared on accrual basis.
The Financial Statements have been prepared on a going concern basis. The company
has a reasonable expectation that it has adequate resources to continue in operational
existence for the foreseeable future.
6. Presentations
Presentation Currency
The Company operate within the jurisdiction of Nepal. Nepalese Rupees (NRs) is
the presentation and functional currency of the Company. Accordingly, the Financial
Statements are prepared and presented in Nepalese Rupees and rounded off to the nearest
Rupee.
Rearrangement and Reclassification
The figures for previous years are rearranged, reclassified and/or restated wherever
necessary for the purpose of facilitating comparison. Appropriate disclosures are made
wherever necessary. 
Statement of Financial Position
The elements of Statement of Financial Position other than equity is presented in order

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of their liquidity by considering current and non-current nature which are further detailed
in relevant sections.
Statement of Profit or Loss and Other Comprehensive Income
The elements of Statement of Profit or Loss and Other Comprehensive Income has been
prepared using classification ‘by function’ method. The details of revenue, expenses,
income, gains and/ or losses have been disclosed in the relevant section of this notes.
Earnings per share has been disclosed in the face of ‘Statement of Profit or Loss and
Other Comprehensive Income’ in accordance with the NAS 33.
Statement of Cash Flows
The statement of Cash Flows has been prepared using indirect method and the activities
has been grouped under three major categories (Cash flows from operating activities, Cash
flows from investing activities and Cash flows from financing activities) in accordance
with NAS 07.
Statements of Changes in Equity
The Statements of Changes in Equity has been prepared disclosing changes in each
elements of equity.
7. Accounting Policies and Accounting Estimates
Accounting Polices
The Company, under NFRS, is required to apply accounting policies to most appropriately
suit its circumstances and operating environment. The preparation of Financial Statements
in conformity with the Policy requires management to make judgments, estimates and
assumptions in respect of the application of accounting policies and the reported amounts
of assets, liabilities, income and expenses.
Specific accounting policies have been included in the relevant notes for each item of the
Financial Statements. The effect and nature of the changes, if any, have been disclosed.
Accounting Estimates
The preparation of Financial Statements in line with NFRS requires management to
make estimates and assumptions that affect the reported amounts of assets and liabilities
and disclosure of contingent assets and liabilities at the date of Financial Statements and
the reported amounts of revenue and expenses during the reporting period.
Management has applied estimation in preparing and presenting the Financial Statements.
The estimates and the underlying assumptions are reviewed on an on-going basis.
Revision to accounting estimates are recognised in the period in which the estimates
are revised, if the revisions affect only that period; they are recognised in the period of
revision and the future periods if the revisions affect both current and future periods.
Specific accounting estimates have been included in the relevant section of the notes
wherever the estimates have been applied along with the nature and effect of changes of
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accounting estimates, if any.


Notes:
1. Property, Plant and Equipment
Property, Plant and Equipment (PPE) are those tangible assets used for generation and
supply of energy, for administrative purpose or for rentals to others. These are recognised
as PPE, if and only if it is probable that future (i.e. for more than one accounting period)
economic benefits associated with the items will flow to the Company; and the cost of
the item can be measured reliably.
PPE are stated in the SFP at their cost less accumulated depreciation and accumulated
impairment losses, if applicable.
Cost
The initial cost of PPEs includes purchase price and directly attributable cost to bringing
the asset to the location and conditions necessary for it to be capable of operating in the
manner intended by management. Subsequent costs that do not qualify the recognition
criteria under NAS 16 are expensed as and when incurred.
NAS 16 and IFRIC 1 require cost of PPE to include the estimated cost for dismantling
and removal of the assets and restoring the site on which they are located. Management
perceives that such costs are difficult to estimate and considering the past practice the
amount of such costs will not be material to affect the economic decision of the user as a
result of such non- inclusion. Therefore, asset retirement obligation has not be recognised.
Depreciation
The management has estimated that the cost equals depreciable amount of the asset and
thus the cost is systematically allocated based on the expected useful life of an asset.
Items of property, plant and equipment are depreciated in full in the year of acquisition.
If an item of PPE consists of several significant components with different estimated
useful lives and if the cost of each component can be measured reliably, those components
are depreciated separately over their individual useful lives.
The residual values, useful lives and the depreciation methods of assets are reviewed at
least annually, and if expectations differ from previous estimates, changes are made in
the estimates and are accounted for as a change in accounting estimates in accordance
with NAS 8.
If the management considers the assets have an indefinite useful life, no amortisation /
depreciation is charged.
De-recognition
Assets that have been decommissioned or identified as damaged beyond economic
repair or rendered useless due to obsolescence, are derecognised whenever identified.

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On disposal of an item of PPE or when no economic benefits are expected from its use
or disposal, the carrying amount of an item is derecognised. The gain or loss arising from
the disposal of an item of PPE is the difference between net disposal proceeds, if any,
and the carrying amount of that item and is recognised in the Statement of Profit or Loss.
1.1 Change in Classification, Useful Lives and Depreciation Method
1.1.1 Re-classification
Assets have been reclassified wherever required for compliance with NFRS. Capital
work in progress, are assets that are in the process of construction or installation have
been reported under PPE without charging depreciation. These were previously being
shown separately from property plant and equipment.
The Company used to carry the costs of access road as a separate component of PPE even
though direct control and ownership of such road is not with the Company. However,
under the provisions of NFRS, costs that are directly attributable to bringing asset to the
location and condition necessary for it to be capable of operating in manner intended are to
be included in the cost of PPE. Therefore, once the project is completed and depreciation
on project assets is started, the cost of access road will be systematically apportioned to
the assets at the generation site as directly attributable cots.
1.1.2 Estimation of Useful Lives and Depreciation Method used
The useful life of assets has been reassessed and adjusted as at the date of opening NFRS
SFP. Depreciation method has been selected considering the pattern of inflow of economic
benefits to the organization and thereby depreciated using Diminishing Balance Method
(DBM).
The Project is still in construction and, therefore, the depreciation on Project assets have
not been started and estimation of life of project assets is not viable.
However, the Company has estimated the life of completed assets of as follows:

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1.1.3 Useful life of Electromechanical Works


The assets under Electromechanical Works heading comprise of various components and
sub-component which have different useful lives.
The electromechanical assets will be grouped, and life will be estimated once the project
will be completed. Management has estimated the useful lives as follows;

Other notes on PPE


1.1.4 Land
Land properties with ownership documents (i.e. in occupation and with valid
documentation) have been recognised meeting the asset recognition criteria.
Land under BOOT Arrangement
MBJCL has obtained the licence for operation from the Ministry of Energy for a period
of 35 years (i.e. from 2070-08-18 to 2105-08-17), therefore the useful life of assets of
the project cannot exceed 35 years even if the economic life of the asset is more as the
entire generation unit needs to be transferred to the Government of Nepal at the end of
this licence term.

1.1.5 Building and Civil Structure


All civil infrastructures of Project site have been classified on the basis of their built type.
1.1.6 Capital Work in Progress
Assets in the course of acquisition and installation of new plant and equipment till the
date of commissioning, or civil works under construction till the date of completion are

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recognized as Capital Work in Progress (CWIP) and are carried at cost, less accumulated
impairment losses, if any.

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*The balance of interest expenses capitalised in CWIP have been adjusted with (for
opening balance and current year with comparatives) interest income generated
from temporary deposit of funds in BFIs.

Depreciation on these assets commence when these assets are ready for their intended
use. These items are shown at cost and disclosed as CWIP under PPE.
All the costs directly related to the development of the projects are charged to the CWIP
and carried until the assets are ready to be used to be recognised under property plant
and equipment. Any charges are subsequently transferred to CWIP as they directly and
indirectly contribute toward creation of those assets (also refer Note 12). Expenses that
are of administrative nature are also included in the cost of CWIP as these expenses are
considered directly attributable to the project cost by the Management.
1.1.7 Restriction on PPE
MBJCL has obtained the licence for operation from the Ministry of Energy for a period
of 35 years (i.e. from B.S 2070-08-18 to B.S. 2105-08-17), the useful life of assets of the
project cannot exceed 35 years even if the economic life of the asset is more. After the
end of 35 years of operation, MBJCL will have to transfer the entire generation unit to
Government of Nepal under BOOT provision.

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Details of Property, Plant and Equipment

36
Schedule of 2076-77 (NRs.)
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The above statement of Property, Plant and Equipment comprise assets of both project
office and corporate office. The assets of Project office are directly related with the project
and the depreciation on the project site assets form part of project cost and, therefore,
capitalized to Capital Work in Progress. However, on the other hand, depreciation on
assets of corporate office is of administrative nature and hence expensed off to Income
Statement.
The details of depreciation capitalized and expensed off to Income Statement is as
follows:

Impairment of Property, Plant and Equipment


1.1.8 Application of Impairment Tests
Impairment of an item of PPE is identified by comparing the carrying amount with its
recoverable amount. If individual asset does not generate future cash flows independently
of other assets, recoverability is assessed on the basis of cash generating unit (CGU) to
which the asset can be allocated.
At each reporting date, the Company assesses whether there is any indication that an asset
may have been impaired. If such indication exists, the recoverable amount is determined.
The recoverable amount of a CGU is determined at the higher of fair value less cost to
sell on disposal and value-in-use. Generally recoverable amount is determined by means
of discounted cash flows unless it can be determined on the basis of a market price. Cash
flow calculations are supported by past trend and external sources of information and
discount rate is used to reflect the risk specific to the asset or CGU.
1.1.9 Impairment Indication
There has been no apparent indication of impairment of PPE taken as cash generating
units (CGU). The recoverability of economic benefits from the existing PPE is considered
more than the carrying amount.
2. Investments

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3. Inventory
Inventories are carried at the lower of cost or net realisable value (NRV). Cost comprises
of all costs of purchase, costs of conversion and other costs incurred in bringing the
inventories to their present location and condition.
Cost is measured using First In First Out (FIFO) method.
The details about inventory of the Company is as under:

Store, Spare Parts and Loose Tools


NAS 16, paragraph 8 and 9 specifically says that,
• Spare parts and servicing equipment are usually carried as inventory and recognised
in Statement of Profit or Loss when consumed.
• Major spare parts and stand-by equipment qualify as PPE when an entity expects to
use them for more than one period.
• The standard does not prescribe the unit measure for recognition and judgement is to
be applied in determining what constitutes an item of PPE
Management determines that these stores and spare parts are of consumable nature and
are held for consumption in the production (generation) of electrical energy. These are
either expected to be used within one year or the economic values will be obtained when
consumed. Therefore, these stores, spare parts and loose tools have been considered as
inventory and presented accordingly.
4. Prepayments
These are expenses paid for the period beyond the financial period covered by the
financial statement. These will be charged off as expenses in the respective period for
which such expenses pertain to. MBJCL’s prepayments pertain to insurance premium.
The details about Prepayments are as under: (NRs.)

5. Financial Instrument
The company classifies financial assets and financial liabilities in accordance with the

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categories specified in NAS 32 and NAS 39


Financial Instruments: Financial Assets
Financial asset is any asset that is:
(a) Cash
(b) An equity instrument of another entity;
(c) A contractual right:
i) To receive cash or another financial asset from another entity; or
ii) To exchange financial assets or financial liabilities with another entity under
conditions that are potentially favourable to the entity; or
(d) A contract that will or may be settled in the entity’s own equity instruments and is:
i) A non-derivative for which the entity is or may be obliged to receive a variable
number of the entity’s own equity instruments;
or
ii) A derivative that will or may be settled other than by the exchange of a fixed
amount of cash or another financial asset for a fixed number of the entity’s
own equity instruments.
Financial assets are classified under four categories as required by NAS 39, namely,
• Fair Value through Profit or Loss (FVTPL),
• Held to Maturity,
• Loans and Receivables and
• Available for Sale
Financial Assets of the Company comprises of Advances, Deposits, Other Receivables,
Trade Receivables and Cash/Bank Balances.
These instruments are interest bearing and non-interest bearing. Where interest component
is present, the implicit interest rate approximates effective interest rate. It is assumed that
the carrying amount represents the amortised cost of the assets.
Loans and Receivables
Loans and receivables are non-derivative financial assets with fixed or determinable
payments that are not quoted in an active market and it is expected that substantially all
of the initial resource will be recovered, other than because of credit deterioration.
Held to Maturity
Held-to-maturity investments are non-derivative financial assets with fixed or
determinable payments that an entity intends and is able to hold to maturity and that
do not meet the definition of loans and receivables and are not designated on initial
recognition as assets at fair value through Profit or Loss or as Available for Sale. Held-to-
maturity investments are measured at amortised cost.

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5.1.1 Advances, Deposits and Other Assets


These comprise advances, deposits, prepayments and other Assets. Details are as given
below:

Tax Deposits and Advance Tax


There are no tax deposits of the company for the year.
Details of advance tax is as follows: (NRs.)

Impairment of Advances, deposits and other receivables


Impairment of advances, deposits and other receivables are tested if any indication is
known. The Company has a system of tracking the recoverability of these assets.
5.1.2 Cash and Cash Equivalent
Cash and cash equivalents include deposits account balances maintained with banks
and financial institutions. These enable the Company to meet its short-term liquidity
requirements.
The carrying amount of cash and cash equivalents approximates their fair value. They
are readily convertible to known amount of cash and are subject to insignificant risk of
change in value.
These balances have been used as Cash and Cash Equivalents for the presentation
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of Statement of Cash Flows as well.


Banks and financial institution in Nepal are closely regulated by the Nepal Rastra Bank.
The Company closely assesses the risks of these instruments and there is no apparent
indication of impairment of these balances.
The Company discourages the use and holding of cash balances therefore there are no
cash balances as on the reporting dates.
The details of Cash and Cash Equivalents are given below: (NRs.)

5.1.3 Risk Associated with Financial Assets


The Company closely monitors the risks associated with the financial assets. The
Company has an enterprise risk management system commensurate with the nature and
the size of the business, which the management considers sufficient to identify, manage
and monitor risks.
Financial Instruments: Financial Liabilities
A financial liability is any liability that is:
a) Contractual obligation:
(i) To deliver cash or another financial asset to another entity; or
(ii) To exchange financial assets or financial liabilities with another entity under
conditions that are potentially unfavourable to the entity; or
b) A contract that will or may be settled in the entity’s own equity instruments and is:
(i) A non-derivative for which the entity is or may be obliged to deliver a variable
number of the entity’s own equity instruments;
or
(ii) A derivative that will or may be settled other than by the exchange of a fixed
amount of cash or another financial asset for a fixed number of the entity’s
own equity instruments.
Financial Liabilities under NAS 39 are to be classified as Fair Value through Profit or
Loss (FVTPL) and those held at Amortised Cost. Currently the company holds retention
deposit amounts that required to be recorded at amortised cost.

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5.1.4 Trade and Other Payables


Trade and other payables mainly consist of amounts the Company owes to suppliers and
government authority that have been invoiced or are accrued. These also include taxes
due in relation to the Company’s role as an employer. These amounts have been initially
recognized at cost and it is continued at cost as it fairly represents the value to be paid
since it does not include interest on payment.
Detail schedule of trade and other payables is as follows: (NRs.)

6. Share Capital
The company’s registered share capital structure is as follows: (NRs.)

It is the Company’s policy to net off share issue expenses with the capital collected under
NFRS. However, the Company’s share capital has not been adjusted for such expenses
as they pertain to periods of non-adjusting events of the Company and will be net off
from share capital in subsequent year where share capital is recognised. Therefore, share
issue expenses incurred for the year is deferred and will be settled once the share capital
is recognised.

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7. Retained Earnings
The details of retained earnings is as given below: (NRs.)

8. Employee Benefits
The company provides employee benefits in accordance to its by-laws in compliance
with the local laws and regulations. The employee benefits are classified as current
benefits and post-employment benefits.
8.1 Current Employee Benefits
Current period Employee benefit costs are as follows: (NRs.)

8.2 Post-Employment Benefits


The company has deputed 3 permanent employees of NEA and post-employment benefit
will not be incurred by the Company. Provident fund will be contributed for employee on
contract basis. For expenses of fixed contribution by the company, refer note 8.1
8.2.1 Others
Staff Loan facilities: The Company does not provide loans to its staffs.
9. Income Tax
The company has adopted the policy of accounting and reporting tax related elements
of Financial Statements in accordance with NAS 12 and it represents current tax and
deferred tax for the year.

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9.1 Current Tax


Current tax payable (or recoverable) is based on the taxable profit for the year. Taxable
profit differs from the profit reported in the Statement of Profit or Loss, because some
item of income or expense are taxable or deductible in different years or may never be
taxable or deductible.
The Company is still in the phase of construction because of which it has no obligation for
current tax. The company has been granted 100% tax holiday for 10 years and 50% tax
holiday for subsequent 5 years after that starting from the date of generating electricity
for commercial purpose i.e. 2076-12-28 BS (2020-04-10 AD) by the tax authorities under
Income Tax Act, 2058. However, the company has provided for income tax liability
pertaining to other incomes except electricity income in accordance with the Income Tax
Act, 2058 enacted and as applicable in Nepal.
9.2 Deferred Tax
Deferred Tax is the tax expected to be payable or recoverable in future arising from:
a. Temporary differences between the carrying amounts of assets and liabilities in
the Financial Statements and the corresponding tax bases used in computation of
taxable profit,
b. Unused tax losses and/or
c. Unused tax credits.
Currently, The Company has not recognized deferred tax due to its accumulated loss and
the project is still in construction phase.
10. Long Term Loan
MBJCL has obtained long term loan for project construction from Employees Provident
Fund (EPF) against corporate guarantee.

11. Provisions
When the Company has a present obligation (legal or constructive) as a result of a past
event, provisions are recognized only if it is probable that a transfer of economic benefits
will be required to settle the obligation and a reliable estimate of the amount of obligation
can be made.

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12.Revenue from Sale of Electricity


The Company is still in construction phase and, therefore, commercial transaction has
not been started. Therefore, the Company has no any revenue from Sale of Electricity.
13. Administrative Expenses (Excluding Employee Benefit Expenses)

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14. Finance Income


Finance Income is comprised of the interest income received or receivable from bank(s)
on temporary deposits. The interest incomes are adjusted with the interest expenses
capitalised in CWIP. The details of which are as follows

15. Other Income


Other income comprises sale of tender form and other miscellaneous income. The details
of other income are presented as below:

16. Finance Charge


Finance charge comprise the interest component of retention money measured at
amortised cost. Retention money payable in the future was discounted and recorded at
amortised cost and annual interest cost is expensed off to income statement.
Finance charges details is as follows:

17. Earnings Per Share (EPS)


Earnings per share has been disclosed on the face of ‘Statement of Profit or Loss and
Other Comprehensive Income’ in accordance with the NAS 33.
18. Related Parties
The Company identifies the following as its related parties:
18.1 Parent
Chilime Hydropower Company Limited (CHPCL) controls the Company through
majority control in its Board of Directors.
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No any transactions took place with the parent company during the year.
18.2 Directors and their Relatives
The Company has 11-membered Board of Directors (BoD) appointed under the provisions
of Companies Act 2073. Except for the following transactions, the Company has not
conducted any other transaction with directors or their relatives during the financial year
2075-76 (2018/019).

18.3 Key Management Personnel And Their Relatives


The Company considers its Chief Executive Officer (CEO), Project Manager (PM) to be
Key Management Personnel. The company has not conducted any transaction (other than
payment of employee benefits) with the Key Management Personnel or their relatives
during the year.
Key Management Personnel compensation comprised the following:

18.4 Employee Retirement Benefit Plans


The Company considers a retirement benefit plan to be a related party if the entity is a
post-employment defined benefit plan for the benefit of employees of either the Company
or an entity related to the Company. As the Company has not made any investments with
respect to the liability on account of defined benefit obligation, it does not have any
related party with regards to Defined Benefit Plan.
18.5 Special provision for effect of COVID 19 and Lockdown by Government of
Nepal
The outbreak of COVID 19 that lead to go under lockdown for almost 5 months in
the Country, the development work (technical and physical) for MBJCL have not

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been affected much as the work was carried on smoothly. There is no requirement for
suspension of capitalisation of borrowing cost as outlined by NAS 23.
19. Operating Segment
NFRS 8 Operating Segments requires particular classes of entities (essentially those
with publicly traded securities) to disclose information about their operating segments,
products and services, the geographical areas in which they operate, and their major
customers.
The Company has only one reportable operating segment (both in terms of geography
and products) and therefore, identification, classification and disclosure of separate
reportable operating segments in accordance with NFRS 8 is not disclosed separately.
20. Interim Reports
Interim reports have been publicly reported in accordance with the requirement of
Securities Board of Nepal (SEBON) and Nepal Stock Exchange Ltd. (NEPSE). These
requirements are materially aligned with the requirements of NAS 34.
21. Contingent Liabilities and Commitments
21.1 Contingent Liabilities
A contingent liability is identified as follows:
(a) A possible obligation that arises from past events and whose existence will be
confirmed only by the occurrence or non-occurrence of one or more uncertain
future events not wholly within the control of the entity; or
(b) A present obligation that arises from past events but is not recognised because:
(i) It is not probable that an outflow of resources embodying economic benefits
will be required to settle the obligation; or
(ii) The amount of the obligation cannot be measured with sufficient reliability.
The Company discloses contingent liabilities unless the possibility of an outflow
of resources embodying economic benefits is remote. Followings are the details of
contingent liabilities which has the possibility of outflow of resources:
21.1.1 Contingent Liability due to extension in Commercial Date of Operation
(COD):
As per section 10 of Power Purchase Agreement (PPA) entered into between the Company
and NEA, if the Company could not supply the agreed power to NEA, it will be penalised
as per said section. The Required Commercial date of Operation (RCoD) was agreed
with NEA to be extended to 2076-12-28 BS from 2074-03-01 BS as on 2074-03-01 BS
which is further extended to February 28, 2021.
However, no any agreement is entered into regarding waiver of penalties to be imposed
by NEA due to extention of CoD. Therefore, the company may have to incur substantial
penalty amount due to extension of CoD.
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21.1.2 Contingent Liability due to irrevocable capital commitments:


The project has affected 5 local VDCs, for which it has committed to give Rs 30,00,000
per year to each VDC until the completion of the project.
21.1.3 Contingent Liability due to irrevocable Agreements:
The Company has entered into agreement with Lahmeyer International, Andritz
Hydropower Ltd. and Guangxi Hydroelectric Construction Bureau for consulting,
electromechanical work and civil & hydromechanical construction work respectively.

cfof]hgfsf] k|fljlws ljj/0f

MBKHEP General Layout Plan

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SALIENT FEATURES
S. No. Features Description
1. Location Sindhupalchowk District
2. Type of Project Run-of-River (ROR)
3. Hydrology
Catchment area (Dam site) 2284 km2
90% dependable flow 17.0 m3/sec
Design flow 50.8 m3/sec
Design flood (100 years) 1330 m3/sec
4. Geology Biotite schist, quartzite and siliceous dolomite

5. Head
Gross 235 m
Net 222 m
6. Headworks
Weir Type Gated Weir Type
Gate Size & Nos. 10 m (w) x 7.4 m (h) & 3 Nos.
Undersluice Size Single Bay 10 m (w) & x 9.4 m (h)
Foundation Material Bed rock
Maximum Discharge 1330 m3/sec
Type of Energy Dissipation Downstream Stilling Pool
7. Desanding Basin
Type Triple Chamber
Size 100 m (l) x 13 m (w) x 8.5 m (h)
8. Pressure Conduit 380 m (l) x 5.6m (dia.)
9. Headrace Tunnel
Length 7124 m
Size 5.7 m (w) x 5.7 m (h)

10. Surge Tank


Type Restricted Orifice
Size 14 m (dia.) x 50 m (h)
11. Penstock
Type Underground, 1 No.
Size 677 m (l), 3.6 m (dia.)
12. Powerhouse
Type Surface

13. Tailrace 16m (w) x 4m (h), 25m long


14. Turbine
Type Vertical Fancis.
Units and Capacity 3 x 34 MW
15. Generator
Type & Number AC 3 Phase Synchronous & 3 Nos.
Unit Capacity 40 MVA
16. Installed Capacity 102 MW (3 x 34 MW)
17. Annual Salable Energy 542 GWh
Dry Energy 83.69 GWh
Wet Energy 458.61 GWh
18. Transmission Line
Length/ voltage 4 km/220 kV

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cfof]hgfsf] ultljlwx? tl:a/df

Spillway Concrete

Headworks Activities

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Surge Tank Excavation

Cleaning Works at Powerhouse

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Hydromechanical Workshop

Cofferdam Construction

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Concreting in Pier at Headworks Breakthrough of Tunnel 2

Electromechanical Equipment Transmission Line Tower Material

Completion of Surge Tank Excavation Completion of Spillway

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