Sindhujwala Hydropower Ltd. has been registered in the Office of the Company Registrar under the Ministry of Industry, Commerce and Supplies on August 05, 2008. The purpose of this company is to develop Upper Nyasem Khola Hydropower Project in Sindhupalchowk District, Bagmati Zone in Nepal. The company has also been registered in the office of Inland Revenue Office of Ministry of Finance, Government of Nepal (GON). The company has obtained the survey license for the generation of power of 9800 KW from the stream of Upper Nyasem Khola on April 10, 2009. Based on the provisions of Department of Electricity Development (DOED) of the Government of Nepal, the company has renewed the license based on the several achievements made by the company.