Chaudhary Group (Nepal) and Coastal Projects Limited (India) have joined hands for energy and infrastructure development through Himal Hydro & General Construction Ltd.
Chaudhary Group (CG)
With a remarkable history of more than 140 years of operations Chaudhary Group (CG) stands as a multi-industrial transnational conglomerate extending its footprint to more than 45 countries. CG today touches every aspect of life – with presence in industries including but not limited to Finance, Banking, Insurance, FMCG, Electronics & Home Appliances, Real Estate, Education, Energy, Biotech, Ayurveda, Cement and the Hospitality industries.
CG has had a long interest in the development of energy and infrastructure industry in the country and was the first company to initiate private sector participation for hydroelectricity generation. Being in the front line for thrusting the change in the regulations and given the remarkable participation of Private Sector in the energy market of Nepal in today’s context , CG is highly recognized to have initiated the private sector participation in the business of electricity contributing the energy universe of Nepal.
CG Energy Infrastructure
Established in January 14, 2006, CG Energy Infrastructure Pvt. Ltd. (CGEI) focuses on power development for domestic needs in Nepal and export to India. The company focuses on harnessing the natural resources the nature has endowed Nepal with, to propel Nepal from the current state of being an energy starved nation to one that has surplus energy to fund her other developmental needs. In order to achieve theses developmental objectives through appropriate business models CGEI focuses on proven mechanism of Public Private Partnerships [PPPs] both with the government and the businesses of international repute.
CGEI focuses normally on medium and large sized hydroelectric schemes of capacities. Such schemes will also attract participation of International power developers and/or investors in Nepal.
Costal Projects Limited (CPL)
Costal Projects Limited (CPL) is one of the prosperous construction companies in private sector engaged in developing infrastructure projects in India and globally. Incorporated in 1995, CPL has emerged as one of the pioneers and specialists in the underground excavations covering all jobs of civil construction of hydro power projects like power house complex, HRT, TRT, Surge Shaft, Surge Chamber, Desilting Chambers, Adits etc.