Global IME Bank Backs Super Tamor With Rs 19 Billion Financial Close

Global IME Bank has signed a bilateral agreement to lead the financial management of the 166 MW Super Tamor Hydropower Project, marking another major step forward for one of eastern Nepal’s most significant energy infrastructure developments. The agreement was reached between project developer Crystal Power Development Pvt. Ltd. and a consortium of participating banks.

The financing package totals Rs 19 billion, underscoring the scale of the project and the confidence lenders are placing in Nepal’s hydropower pipeline. The signing ceremony was attended by Global IME Bank CEO Surendra Raj Regmi and Crystal Power Executive Head Krishna Prasad Acharya.

A major bet on hydropower

The Super Tamor project is designed as a 166 MW hydropower plant, making it a substantial addition to Nepal’s renewable energy capacity. Hydropower remains central to the country’s long-term energy strategy, and projects of this size are closely watched because they can influence both domestic electricity supply and export potential.

With the financial agreement now in place, the project has cleared one of the most important hurdles in large-scale infrastructure development: securing the capital structure needed to move from planning toward execution.

Why this deal matters

Large hydropower projects are rarely simple. They depend on coordination between developers, banks, and technical teams, as well as long construction timelines and extensive infrastructure planning. A lead bank arrangement signals that one institution is taking the central role in organizing the financing and helping guide the project through the funding process.

For the banking sector, the deal also highlights continued appetite for energy-backed lending in Nepal, especially in projects tied to renewable power generation and regional development.

Super Tamor’s place in Nepal’s energy map

Located in eastern Nepal, the Super Tamor Hydropower Project adds to a growing list of privately developed energy investments in the country. At 166 MW, it is large enough to matter not just for local supply, but for the broader grid and the country’s industrial ambitions.

As Nepal continues expanding its hydropower base, projects like Super Tamor are becoming more than just construction sites. They are test cases for how effectively the country can mobilize private capital, manage risk, and deliver critical infrastructure at scale.

What happens next

With financing agreed, the focus now shifts to implementation, including detailed project execution, construction readiness, and coordination among the participating banks and the developer. If the project advances on schedule, it could become another milestone in Nepal’s push to turn river potential into reliable power capacity.

For Global IME Bank, the agreement reinforces its role as a key financier in Nepal’s infrastructure and energy sectors. For Crystal Power Development, it opens the door to one of the country’s more ambitious hydropower builds.