“Ankhukhola Hydropower Approves 150% Right Shares at 15th AGM”


 

During its 15th Annual General Meeting, Ankhukhola Hydropower approved a 150% increase in right shares for its current shareholders. The funds raised through these shares will be invested in the development of the 20 MW Ankhukhola Hydropower 2 project, which is currently being promoted by Ganesh Himal Hydropower Company. The company plans to allocate 60% of the funds to the Ankhukhola 2 project and utilize the remaining amount to repay its outstanding loans, according to a media statement.

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