The Myagdi River is located in Myagdi District and its source can be traced back to Mt Dhaulagiri. It flows through Myagdi district and converges with Kaligandaki River. It is a stream type river that is at an elevation of 854 meters (2,802 feet). The Myagdi Khola Hydropower Project is a Run-of-River scheme that utilizes the the flow in Myagdi Khola. It is located in Myagdi District, Dhaulagiri Zone of Western Development Region of Nepal.The headworks is located at the Kunaban/Myagdi confluence and the powerhouse is located at Jeltun Village.
The proposed project has installed capacity of 57.30 MW , design discharge of 12.50m3/sec and net head of 537.23m.