Betan Karnali Sanchaya Karta Hydropower Company Limited (BKSHCL) was established on 7th May 2017 (2074-01-24 B.S) as a public limited company under the Company Act, 2063 of Nepal as an initiative of the Karmachari Sanchaya Kosh (KSK), or the Employees Provident Fund (EPF) in English. The major shareholders of the company are the contributors of KSK (40% shareholding). Other shareholders include KSK (15%), Nepal Electricity Authority (10%), and Vidhyut Utpadan Company Limited (10%). The authorized and paid-up capital of the company is: Twenty Billion and Ten Billion Nepali Rupees respectively.
BKSHCL has obtained the Feasibility License of the 439 MW Betan Karnali Hydroelectricity Project (HEP) for development from the Ministry of Energy (currently Ministry of Energy, Water Resources and Irrigation). The Detailed Engineering (Project) Report (DPR) has been completed and the Environment Impact Assessment (EIA) of the project is near completion.