A Dynamic Lady in Nepal's Hydropower Endeavors

Susan Karmacharya is a powerful and dynamic lady figure in Nepal's business sector. For nearly half a decade, she has played a pivotal role in the country's hydropower development and nation-building. Women's participation in this sector matches that of men, and Susan's dedication, determination, and leadership skills have the potential to inspire future generations of women in this field. In addition to her work in hydropower, she is actively engaged in social service and politics. Below, we provide a brief overview of her professional career, educational background, and work experience:

Academic Details:

•    Master of Public Administration (Major in Rural Development and Urban Management), Public Administration Campus (1998-2000), Tripureshwor.
•    Bachelor of Commerce, Nepal Commerce Campus, Minbhawan, New Baneshwor (1994-1996).

Associated Companies:

•    Chairman, Establishment of Money Investment Company Pvt. Ltd., Tinkuni.
•    Establishment of Ojashwi Suppliers Pvt. Ltd. and Ojashwi Construction Pvt. Ltd.
•    CEO, Money Plant Namuna Basti.
•    Vice-Chairperson, Establishment of Money Plant Saving & Co-operative Ltd., Kathmandu-35, Koteshwor.
•    Chairman, Establishment of Paurakhi Samudayik Krishi Sahakari Ltd., Tathali, Bhaktapur.
•    Chairman, Establishment of Paurakhi Agriculture Research Centre, Tathali, Bhaktapur.
•    Board Member, Laligurans Batika School, Narephant, Koteshwor.
•    Board Member, Namuna Hospital, Hariban, Sarlahi.
•    Promoter/Shareholder, Professional Development Bank, Banepa, Nepal.
•    Promoter/Shareholder, Eastern Star Company, Biratnagar (Agricultural Firm).
•    Establishment of Sky-Blue Lighting Technology Pvt. Ltd.

Business Status:

•    Executive Chairperson/Director of Eastern Hydro Power Ltd. (5 MW), Yambaling Hydropower Ltd. (7.27 MW), and Madame Khola Hydropower Pvt. Ltd. (24 MW).

Experience:

•    Participation in Leadership Development Course, IFICO, India, 2013.
•    Participation in BALI DEMOCRACY FORUM V, Bali, Indonesia, November 2012.
•    Participation in the XVI Summit of the Non-Aligned Movement, Tehran, Iran, August 2012.
•    Participation in SAARC SUMMIT 17, Building Bridges, Addu, Maldives.
•    Participation in the United Nations General Assembly, New York, 26^th September 2011.
•    Worked as Personal Secretary to Deputy Prime Minister and Foreign & Local Development Minister, Narayan Kaji Shrestha.
•    Worked as Personal Secretary to Deputy Prime Minister and Home Minister Narayan Kaji Shrestha, July 2011 to August 2011.
•    Participation in The Monrovia International Dialogue on Peacebuilding and State Building, Monrovia, Liberia, June 15-16, 2011.
•    Worked as Personal Secretary to Ministry of Peace and Reconstruction, May 2011 to January 2012.
•    Participation in ECOS Annual Ministerial Review and Pacific on Promoting Health Literacy, April 2009.
•    Administrative Support Consultant providing support to Health Sector Reform Unit (HSRU) and establishment and functioning of Social Inclusion Unit.
•    Administrative Support to Dr. B. R. Marasini, Coordinator, HSRU, MOHP, and Dr. Mary Deschene, Social Inclusion Advisor.
•    Participation in the 61st World Health Assembly, HQ, Geneva, 19th to 24th May 2008.

Company Profile:

•    Yambaling Hydropower Limited (YHL) was incorporated on November 21, 2007, as a private limited company. Its paid-up capital, as of mid-September 2019, was NPR 125 million (of which approximately NPR 76 million has been certified by the Office of Company Registrar in March 2019), fully held by the promoters.
•    Major shareholders include Ms. Indramaya Tamang (21%), Money Plant Investment Private Limited (20%), Mr. Kaman Singh Lama (8%), and Mr. Uttam Rajbhandary (8%).
•    YHL is developing the 7.27 MW Yambaling Khola HPP in Sindhupalchowk district, Province 3 of Nepal, at a budgeted cost of NPR 1,200 million at a debt:equity ratio of 70:30.
•    The project is a run-of-river (R-o-R) type and is being developed at a 40% probability of exceedance (Q40).
•    The contract PLF is approximately 59% with an annual production capacity of approximately 38 GWh of energy with a dry energy mix of approximately 18%.
•    The major promoters are also operating the 5 MW Pikhuwa Khola Small Hydropower Project under Eastern Hydropower Limited.

This personal profile is excerpted from the 3rd issue of Urja Khabar Semi-annual Magazine and has been partially edited.