Friday, September 17, 2021

Lamjung

Three hydropower companies’ IPO bids have been approved by Sebon

Nepal's Securities Board has approved the initial public offerings (IPOs) of three hydropower companies. Nyadi Hydropower Limited will issue 40.50 lakh shares in an initial public offering (IPO). Citizen Investment Trust has been selected as the underwriter for the IPO...

Eight hydropower projects have been damaged by floods and landslides

This year's monsoon-induced calamity has harmed eight different hydroelectricity installations. According to a report undertaken by the Ministry of Energy, Water Resources, and Irrigation's Department of Electricity, these projects were harmed by floods and landslides. The damaged projects have a combined...

In Chepe Khola, the Super Chepe Hydropower Project (9.05 MW) will be built.

The Super Chepe Hydropower Project will be built by Ridge Line Energy Pvt. Ltd. The Department of Electricity Development has granted the corporation a construction permit for the project. On Jestha 7, 2078 BS, the department issued the license....

Infinity Laghubitta Bittiya Sanstha Limited (ILBS) is acquiring Nepal Agro Laghubitta Bittiya Sanstha Limited (NAGRO). On May 25, 2021 , Nepal Rastra Bank approved the acquisition. On February 8, 2021 , the firms signed a Memorandum of Understanding (MOU) for...

The IPO of CEDB Hydropwer is now available to apply by the general public

The CEDB Hydropower Development Company (CHDC) will begin selling shares in an initial public offering (IPO) on Friday (tomorrow). The company intends to issue 2,518,230 ordinary shares with a face value of Rs 100 each, totaling Rs 251.82 million. The...

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