Upper Marsyangdi-2 Hydroelectric Projectमाथिल्लो मर्स्याङ्दी-२ जलविद्युत आयोजना
A 327 MW peaking run-of-river project on the Marsyangdi River in Manang and Lamjung, originally taken up by GMR's Himtal Hydropower (which signed a joint-development agreement with IFC) and planned as part of a Marsyangdi cascade. It is at the permitting stage, with construction tentatively projected for the late 2020s.
Installed capacity
327 MW
Peaking run-of-river
River / basin
Marsyangdi
Gandaki basin
Location
Manang / Lamjung
Gandaki
Expected online
2032
Proposed / under development
Milestones & projected timeline
Key dates so far, with planned milestones marked. Future dates are targets from the developer or government and frequently shift.
- 2014
GMR (Himtal Hydropower) signs JDA with IFC
- 2024
Survey licence (327 MW); cascade development discussed
- 2028Planned
Construction tentatively to begin
- 2032Planned
Possible commercial operation
Location
Approximate dam-area location on OpenStreetMap — precise to the district and river reach, not the exact structure.
Upper Marsyangdi-2 Hydroelectric Project: key facts
Quick answers on capacity, river, developer, status and commissioning, drawn from the sourced data above.
What is the capacity of the Upper Marsyangdi-2 Hydroelectric Project?+
The Upper Marsyangdi-2 Hydroelectric Project has an installed capacity of 327 MW. It is a peaking run-of-river hydropower scheme.
Which river is the Upper Marsyangdi-2 Hydroelectric Project on?+
The project is on the Marsyangdi River, part of Nepal's Gandaki basin, in Manang / Lamjung district, Gandaki Province.
Who is developing the Upper Marsyangdi-2 Hydroelectric Project?+
The Upper Marsyangdi-2 Hydroelectric Project is developed by Himtal Hydropower Co. (private (ipp)), with Originally GMR (India) with IFC JDA; Marsyangdi cascade involves BPC + Chinese investors.
What is the status of the Upper Marsyangdi-2 Hydroelectric Project?+
As of mid-2026 the project is proposed / under development. Peaking RoR in Manang/Lamjung; permitting stage; part of Marsyangdi cascade; construction not started
When is the Upper Marsyangdi-2 Hydroelectric Project expected to be commissioned?+
The Upper Marsyangdi-2 Hydroelectric Project is expected to be commissioned around 2032, though dates for projects under development frequently shift.
Sources & data note
Figures for Upper Marsyangdi-2 Hydroelectric Project are compiled from the sources below and cross-checked where possible. Status and projected dates reflect research as of mid-2026 and may change as the project progresses. The map location is an approximate dam-area estimate. Commentary is Amarnepal's own.