Government of Nepal intends to develop the hydropower potential of Nepal in an economically efficient and sustainable manner to meet the growing power demand in the country.  Nepal government take initiation to establish the company to develop the different projects with different investors of Nepal in the model of public-private partnership to develop, build, own and operate large scale hydropower project. As a result, Vidhyut Utpadan Company Limited (VUCL) was established and registered in Ministry of Industry, Office of the Company Registrar, Government of Nepal, under the Companies Act 2006 AD.