Tag: Hydropower

  • Arun Valley Hydropower seeks Electricity Regulatory Commission approval to issue 100% right shares.

    Arun Valley Hydropower seeks Electricity Regulatory Commission approval to issue 100% right shares.


     

    Arun Valley Hydropower Development Company Limited (AHPC) intends to give its shareholders 100% rights shares.

    The board of directors proposed at its meeting on Baisakh 06 to issue right shares in the ratio of 1:1, i.e. 18,679,626 right shares of Rs. 100 par value worth Rs 1.86 arba, so that the company can invest 50% of the issued right share amount, i.e. 93,39,813 unit right shares worth Rs 93.39 crore, in the Likhu Khola Hydropower Project (30 M.W.) promoted by PK Hydropower Pvt. The remaining 93,39,813 unit shares, valued at Rs 93.39 crore, will be utilized to repay the company’s loan for the Kabeli ‘B’-1 Cascade Hydropower Project in Panchthar.

     

  • Menchhiyam Hydropower IPO has raised Rs. 92.58 crores as of the third day.

    Menchhiyam Hydropower IPO has raised Rs. 92.58 crores as of the third day.


     

    CDS & Clearing Limited (CDSC) has submitted the statistics of Menchhiyam Hydropower Limited’s public IPO collecting as of 10 a.m. today, Baisakh 06.

    Since the 4th of Baisakh, 2080, the corporation has been issuing 934,915 unit shares of Rs 100 face value as an Initial Public Offering to the general public. This issue’s early closure date is the 7th Baisakh, and if it is not completely subscribed, it can be prolonged until the 19th Baisakh, 2080.

  • On Baisakh 04, Ingwa Hydropower distributed IPO shares to project-affected locals and Nepalese working abroad.

    On Baisakh 04, Ingwa Hydropower distributed IPO shares to project-affected locals and Nepalese working abroad.


    Ingwa Hydropower Limited has distributed IPO shares to Taplejung District residents and Nepalese people working overseas. The allotment program ended on the 4th of Baisakh, and money will be refunded to non-allottee applicants beginning on the 6th of Baisakh, 2080.

    The company’s issued capital is Rs. 60 crores, of which 10%, or 6,00,000 unit shares worth Rs. 6 crores, were distributed to project-affected Taplejung District residents. Meanwhile, 20% of the company’s outstanding capital, or 12,00,000 unit shares, will be made available to the general public later. 10% of the shares in this public offering, totaling 120,000 units, were reserved for Nepalese people working overseas. The problem had begun on the 21st of Falgun, 2079.

     

  • Menchhiyam Hydropower is issuing 934,915 IPO shares to the general public beginning today.

    Menchhiyam Hydropower is issuing 934,915 IPO shares to the general public beginning today.


    Menchhiyam Hydropower Limited will issue 934,915 unit shares with a face value of Rs 100 starting today, April 4th, 2080. The company expects to earn Rs 9.34 crore through this IPO. This issue’s early closure date is on 7th Baisakh, and if it is not completely subscribed, it can be prolonged until 19th Baisakh, 2080.

    Previously, the business offered 542,583 unit shares worth Rs. 5.42 crores to project-affected residents of Sankhuwasabha District, of which only 505,780 were allocated to qualified applicants.

     

  • From Baisakh 11, Three Star Hydropower will issue an initial public offering (IPO) to residents of Khotang District and Nepalese working abroad.

    From Baisakh 11, Three Star Hydropower will issue an initial public offering (IPO) to residents of Khotang District and Nepalese working abroad.


     

    Three Star Hydropower Limited has issued an offer letter to issue an Initial Public Offering (IPO) to Khotang District residents and Nepalese citizens working overseas.

    The initial public offering (IPO) for locals and Nepalese citizens working abroad will take place from the 11th to the 25th of Baisakh, 2080. It should be noted that if the problem is not subscribed to by the early closing date for Khotang District residents, it may be prolonged until the 9th Jestha. The issue, however, will be prolonged beyond the early deadline for Nepalese people working abroad.

     

  • From Baisakh 08, Mai Khola Hydropower will issue 12,69,411 unit IPO shares to the general public.

    From Baisakh 08, Mai Khola Hydropower will issue 12,69,411 unit IPO shares to the general public.


    From the 8th of Baisakh, 2080, the business would issue 12,69,411 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 12.69 crore for the firm. This issue’s early closure date is on 12th Baisakh, and if it is not completely subscribed, it can be prolonged until 24th Baisakh, 2080.

    Out of the total 15,29,411 units, 10%, or 152,941 units, have already been issued and allotted to Nepalese citizens working abroad, 2%, or 30,588 units, have been set aside for company employees, and 5%, or 76,471 units, have been set aside for mutual funds. The remaining 12,69,411 units will be available to the general public. The company’s paid-up capital

  • The Makar Jitumaya Suri Hydropower IPO has concluded.

    The Makar Jitumaya Suri Hydropower IPO has concluded.


    Makar Jitumaya Suri Hydropower Company Limited’s first public offering (IPO) was completed today at Prabhu Capital Limited in Kathmandu.

    Makar Jitumaya Suri Hydropower Company Limited released 1,337,302 units worth Rs 13.37 crores to the general public as an Initial Public Offering (IPO) (Chaitra 19- 22, 2079).

     

  • Molung Hydropower Company and Sagarmatha Jalvidyut Company IPO Shares Listed on NEPSE

    Molung Hydropower Company and Sagarmatha Jalvidyut Company IPO Shares Listed on NEPSE


     

    NEPSE has listed 80,25,000 unit IPO shares of Molung Hydropower Company Limited. This comprises promoter shares as well as shares offered to the general public and project-affected communities.

    The initial transaction range is Rs. 60.62 to Rs. 181.86. If the company executes the agreement with NEPSE, the IPO shares will trade in the secondary market the next day.

     

  • The IPO of Makar Jitumaya Suri Hydropower Company will be completed on Wednesday.

    The IPO of Makar Jitumaya Suri Hydropower Company will be completed on Wednesday.


     

    Makar Jitumaya Suri Hydropower Company Limited’s initial public offering (IPO) will take place this Wednesday, March 29th, 2079. The allotment program will take place at the issue manager’s Kamaladi office, Prabhu Capital Limited.

    From the 19th to the 25th Chaitra, the company issued 13,37,302 units of Rs 100 face value shares to the general public as an Initial Public Offering (IPO) worth Rs 13.37 crore. Out of the total 15,20,000 units, or 20% of the issued capital, 10% or 152,000 units have already been issued and allotted to Nepalese citizens working abroad, while 2%, or 32,028 units, were set aside for the company’s employees, and 5%, or 80,070 units, were set aside for the general public.

  • Sanima Middle Tamor Hydropower IPO shares are now listed on the NEPSE.

    Sanima Middle Tamor Hydropower IPO shares are now listed on the NEPSE.


    Sanima Middle Tamor Hydropower Limited (TAMOR) has listed 33,325,000 unit IPO shares on NEPSE. This includes promoter shares as well as shares issued to the general public and project-affected locals.

    The initial transaction price range is Rs. 98.43 to Rs. 295.29. If the company signs the agreement with NEPSE, the IPO shares will trade in the secondary market the following day.

     

  • From Baisakh 04, Menchhiyam Hydropower will issue 934,915 unit IPO shares to the general public.

    From Baisakh 04, Menchhiyam Hydropower will issue 934,915 unit IPO shares to the general public.


     

    Menchhiyam Hydropower Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO).

    From the 4th of Baisakh, 2080, the company will issue 934,915 unit shares with a face value of Rs 100. The company expects to earn Rs 9.34 crore from this IPO. This issue’s early closing date is on 7th Baisakh, and if it is not fully subscribed, it can be extended until 19th Baisakh, 2080.

  • What Rawa Energy Development Prospective Investors Should Know

    What Rawa Energy Development Prospective Investors Should Know


     

    Rawa Energy Development Ltd is a public limited company that was founded as a private limited company on August 16, 2009 and later converted to a public limited company on June 28, 2019. It is promoted by businesspeople with extensive experience in hydropower and other sectors for the establishment of Hydroelectric Projects (HEP) in Nepal. In Khotang District, the company operates a 3 MW Upper Rawa Khola Small Hydropower Project (URKHP), which has been in commercial operation since September 20, 2020. The project is being built using the BOOT (Build, Own, Operate, and Transfer) model.