Upper Tamakoshi Hydropower Invites Bids for Property Insurance

Kathmandu – Upper Tamakoshi Hydropower Limited has announced plans to insure its assets and has invited interested insurance companies to submit sealed proposals. The company issued a public notice requesting qualified companies to provide detailed proposals within the specified timeframe.

The insurance will cover all risks associated with civil structures, electromechanical and hydro mechanical equipment, transmission lines, and substations.

Interested and eligible insurance companies must submit their sealed bids by 12:00 PM on 21st Chaitra 2081 (April 3, 2025). The proposals should include a company registration certificate, tax payment certificate, financial statements for the last three fiscal years (including 2080/081), terms of the insurance contract, a draft insurance policy, and the proposed insurance fee.