AmarnepalBudget Analysis
ProposedExpected 2031

Upper Karnali Hydroelectric Projectमाथिल्लो कर्णाली जलविद्युत आयोजना

A 900 MW peaking run-of-river export project on the Karnali River near the Dailekh/Surkhet/Achham tri-district area, developed by India's GMR Group with SJVN and IREDA. After ~18 years of delay, promoters secured joint financing in 2025 and GMR invited construction bids in July 2025, though final financial-management-plan approval remained pending. A prior 500 MW export PPA with Bangladesh was cancelled.

Installed capacity

900 MW

Peaking run-of-river

River / basin

Karnali

Karnali basin

Location

Dailekh / Surkhet / Achham

Karnali / Sudurpashchim

Expected online

2031

Proposed / under development

Project timeline

Milestones & projected timeline

Key dates so far, with planned milestones marked. Future dates are targets from the developer or government and frequently shift.

  1. 2014

    Project development agreement signed with GMR

  2. 2025

    Joint financing secured; construction bids invited

  3. 2026Planned

    Diversion / early works planned

  4. 2031Planned

    Targeted completion

On the map

Location

Approximate dam-area location on OpenStreetMap — precise to the district and river reach, not the exact structure.

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Filter by stageTiles © OpenStreetMap contributors

Sources & data note

Figures for Upper Karnali Hydroelectric Project are compiled from the sources below and cross-checked where possible. Status and projected dates reflect research as of mid-2026 and may change as the project progresses. The map location is an approximate dam-area estimate. Commentary is Amarnepal's own.