Begnas Lake is a freshwater lake in Pokhara Metropolis of Kaski district of Nepal located in the south-east of the Pokhara Valley. The lake is the third largest lake of Nepal and second largest, after Phewa Lake, among the seven lakes in Pokhara Valley. Water level in the lake fluctuates seasonally due to rain, and utilization for irrigation. The water level is regulated through a dam constructed in 1988 on the western outlet stream, Khudi Khola.