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Dudhkoshi Power Company Pvt. Ltd. was established in 2062 V.S. (2006 AD) with the singular purpose of developing a hydropower project in Rawa Khola of Khotang district. This company is legally registered on 5 April, 2006 (2062-Chaitra 23) as per the erstwhile Private /Public Company Ordinance, 2062. Later on is regulated under the Company Act, 2063.

In the beginning, its authorized capital was NRs. 50,000,000.00 and issued and paid up capitals were NRs. 45,000,000.00 equally. There were three members in the Board of Directors (BOD) and all were the founder members. Its corporate office was in Kathmandu Metropolitan City Ward No. 9, Sinamangal.