The Project Development Agreement Upper Trishuli-1 Hydropower Project is concluded between the Government of Nepal and Nepal Water and the Energy Development Company Private Limited on 29 December 2016. Under the Agreement, The Company shall be responsible for and shall a) design, engineer, finance, procure, construct, complete, test, commission, develop, insure, own, operate and maintain the Hydro Property and oversee the development of the Project as a whole; b) use water from the Trishuli River for the Generation Project; c) transmit electrical energy from the Power Station over the Transmission Line in Nepal; and d) generate electrical energy and make capacity available from the Power Station and sell and supply such electrical energy and make capacity available from the Power Station, within the territorial jurisdiction of Nepal in accordance with the Domestic PPA, in accordance with this Agreement, the applicable Government Approvals and the Laws of Nepal.