Panchakanya Mai Hydropower Limited (PMHPL), previously known as Mai Valley Hydropower Private Limited, was established on 16 Magh 2059 as East Nepal Development Endeavour Private Limited under Companies Act with the objectives of development of hydropower projects.
The Company has currently undertaken two Projects, Upper Mai Hydropower Project (12 MW) located at Mabu & Maimajhuwa and Upper Mai 'C' (cascade) Hydropower Project (6.1 MW) located at Mabu and Sulubung of Sandakpur Gaunpalika, Ilam.
The company has obtained Generation License for Upper Mai Hydropower Project from Ministry of Energy on 03 Bhadra 2067 which is effective from 23 Shrawan 2067 to 22 Shrawan 2102. The installed capacity of the project has been upgraded from 9.98 MW to 12 MW on 01 Bhadra 2073. Power Purchase Agreement for 9.98 MW with Nepal Electricity Authority has been entered on 13 Shrawan 2068. The project came into commercial operation on 09 Ashad 2073.
Generation License of Upper Mai 'C' Hydroelectric Project, with the installed capacity of 6.1 MW has been obtained from Ministry of Energy on 26 Ashad 2070 with effective from 21 Ashad 2070 to 20 Ashad 2105. Power Purchase Agreement for 5.1 MW with Nepal Electricity Authority was done on 13 Chaitra 2068. The project came into commercial operation from 09 Shrawan 2074.