The Ranikhola is a river in Sikkim, India, that flows near the state capital Gangtok.

National Highway 10 runs parallel to the Ranikhola from Ranipool to Singtam and then the river ultimately flows into River Teesta at Singtam.

[1] The first hydropower project commissioned in Sikkim was a micro-hydel on Rani Khola below Gangtok in 1927.

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