Kriti Venture Fund Ltd.
Kriti Venture Fund is a limited liability company established to mobilize the domestic fund in productive sectors of Nepalese economy. Incorporated in the form of alternative investment fund, it promotes institutional investment in energy/infra, manufacturing, health, education, tourism, and agricultural sectors.
TEAM Ventures Pvt. Ltd. is a major institutional shareholder of Kriti Venture Fund and the company is dedicated towards maximizing the value for unit-holders by taking strategic long-term investment decisions in investee companies, while also assuring the timely exit from those investments. The Fund foresights into building well managed institutions as such institutions universally demand better valuation in stock market.
Projects under Kriti Venture Fund Ltd.
Project A: Upper Sangye Hydropower Ltd.
Upper Syange Hydropower lie at Taghrin VDC of Lamjung District in Nepal. Upper Syange Hydropower is sourced from Syange Khola, which originates from Sundar Dada with the highest elevation of about 4,330-m amsl. The river flows from West to East before its confluence with Marshyangdi River.
Project B: HIDI Khola Hydropower Project
Hidi Khola Hydropower Project in Hidi Khola, Lamjung District is a Run of River type hydro project with proposed Power Capacity of 6.82 MW. The total annual contract energy proposed for PPA is 41.18GWhr, annual dry season energy is estimated at 13.38 GWhr and annual wet season energy is estimated at 27.79 GWhr, i.e. 68% of total annual energy estimation.
Project C: Dhoban Khola Hydropower Project
Upper Syange Hydropower Limited – Project A of Kriti Venture Fund Ltd. is developing Dobhan Khola Hydropower Project which is a RoR type project located in Dharche Gou palika, ward no.1 Province no. 4, Nepal. Dobhan Khola is one of the tributaries of Budi Gandaki River which joins the Budhi Gandaki river at the Dobhan village about 4.5 Km downstream of purposed intake site of project.
The Project Company has obtained the survey license for the construction of the project and a team of engineers, hydrologist and geologist conducted a field visit to conducted feasibility study.
Project D: Clean city vehicle service center project
Clean City Vehicle Services is a public limited company incorporated to provide service in auto servicing sector. Supported by leading insurance companies, the company plans to develop auto-servicing center chain across Nepal.