Tesla Hydropower Pvt. Ltd.(THPL) is a registered company according to Company Act 2063B.S., Chapter 5(1) of Nepal with its office located at Kathmandu Metropolitan Ward No. 32, Kathmandu, Nepal. The company registration number is : 175931 / 074 / 075. The objective of this company is to make investment in different Hydro Power Projects through generating FDI (Foreign Direct Investment), assist in poverty alleviation, reduce foreign oil dependency and contribute to the development of Nepal.
"Tesla Hydropower team consists of entrepreneurs, experienced Hydro engineers, geologists and financial experts from USA and Nepal. Our team with vast understanding of Nepalese rivers, local community and related stakeholders, sensitivity toward nature and environmental impact makes us a unique entity. We are further committed to adopt fair and transparent corporate culture and foster local development through corporate and social responsibility."
THPL is owned, funded and managed by US based company Tesla Hydro USA, Inc. which is incorporated in the state of Virginia.
THPL is positioned to utilize United States based funds, management expertise, an international network of experts, and capitalized Nepal's natural and human capital. Energy independence has been the Nepal governments' high priority and it is committed to streamline license procedure, tax law and foreign transaction to attract private investors.
Invest, develop and manage hydroelectric projects in developing countries, assist in poverty alleviation, resolve country's energy crisis, reduce oil dependency and keep carbon foot print at a low level.