Top Hydropower Plant Construction Companies

The global hydropower plant construction market is characterized by intense competition among key players such as GE Renewable Energy, Andritz Hydro, Voith Group, and Siemens Energy, alongside regional firms targeting emerging markets. Companies are adopting strategies focused on technological innovation, sustainability integration, and strategic partnerships to capitalize on rising demand for clean energy and government incentives. The shift toward small and medium hydropower projects, especially in Asia-Pacific and Africa, reflects a broader trend of decentralized power generation. Additionally, digitalization and modernization of existing infrastructure are pivotal in gaining competitive advantage and enhancing operational efficiency.

Startup Landscape

Founded in 2020, Guras Hydro Pvt. Ltd.'s primary aim is to build sustainable run-of-river hydroelectric projects in Nepal. They are currently developing the Sankhuwa Khola Hydropower Project, a 41.06 MW plant in the Sankhuwasabha and Bhojpur districts. The proposed project has an application of a design flow of 15.250 m3/s from the headworks situated immediately downstream of Sankhuwa and Sisuwa river at budhbare, discharging the discharge through a total of conveyance Length of 6558m includes Box culverts, a headrace tunnel, a penstock and a tailrace culvert over a gross head of 315.92m for generating 244.745GWh of saleable energy with an installed capacity of 41.06MW by the power house Situated at Bumlingtar and discharging the discharge to the Arun River by way of 3.398km (4 km max) lone 132 KV single circuit transmission line.

Top Player’s Company Profiles

• PowerChina Group

• Sinohydro Corporation

• Vinci Construction

• China Three Gorges Corporation

• Strabag SE

• Statkraft AS

• Skanska Group

• Webuild SpA

• Dongfang Electric Corporation

• Andritz AG

• SNC-Lavalin Group Inc.

• Voith Group

• Astaldi S.p.A.

• Innergex Renewable Energy Inc.

• GE Vernova