Kathmandu Upatyaka Khanepani
Limited (KUKL) : KUKL is a
public company registered under the
Nepal Government’s Company Act
2063, with objective to undertake and
management of the water supply and sanitation
system of the valley operated by NWSC
and provides quantitative, qualitative
and reliable service to the consumer
on their full satisfaction at affordable
price. KUKL is responsible for operation
and management of water and wastewater
services in the Valley. It operates
the water supply and sanitation services
under a license and lease agreement
with the KVWSMB for 30 years. KUKL is
responsible for maintenance of all assets
received on lease from KVWSMB. The share
holders of the company owning with respective
initial shares are GON (30%), Municipalities
in the valley (50%), Organizations (15%)
[ FNCCI- 3%, Laitpur Chamber of Commerce
- 1.5%, Nepal Chamber of Commerce- 9%,
Bhaktapur Chamber of Commerce -1.5%],
and employee trust to be paid by the
government (5%).
The KUKL is under direction of Seven
Board of Directors. Four directors are
nominated by shareholders (one each
from GON, Kathmandu Metropolis, Lalitpur
Sub-Metropolis and organizations) and
three independently appointed. The chairman
is selected among the Board of Directors.
The company will also take over the
responsibility of infrastructures built
by Melamchi Water Supply Project. Currently
the KUKL is headed by three international
water utilities experts (General Manager,
Operational and Technical Manager, and
Administration & Financial Manager).