Synergy Power Development Limited (SPDL) has announced the commencement of a new issuance, offering a 2:1 (or 1:0.5) ratio of 4,032,875 units of right shares to its current shareholders. Priced at a par value of Rs. 100 per share, the issuance started on 3rd Bhadra and will continue until the closing date on 24th Bhadra, […]
A recent multi-party agreement has been established to enable electricity supply from Nepal to Bangladesh. The agreement involves Nepal, India, and Bangladesh, and is considered a preliminary step. The Ministry of Energy, Water Resources, and Irrigation has disclosed that the initial phase will see Bangladesh purchasing 40 megawatts of electricity from Nepal.
Radhi Bidyut Company Limited (RADHI) has reported a remarkable 121.33 percent increase in its net profits during the fourth quarter, reaching Rs. 11.27 crores for FY 2079-80. This substantial growth contrasts with the Rs. 5.09 crores earned in the same period of the previous fiscal year, 2078-79. The company’s primary income source, power sales, has
API Power Company Limited (API) has initiated the sale of right shares, beginning today (Shrawan 31), which represents 40 percent of its current paid-up capital. The company’s plan involves offering 4 new shares for every 10 existing shares held. This means a total of 16,533,137 right shares will be available, each priced at Rs.
The National Hydro Power Company Limited (NHPC) is concluding the issuance of its ongoing 10:5 ratio right shares today, 18th Shrawan, 2080. The issue was open since 29th Ashad. Eligible investors are reminded to apply for the right shares before the end of banking hours today. After the issuance of 82,21,459.7178 units of right shares,
Synergy Power Development Limited (SPDL) has announced the issuance of its right shares through a public offer letter. The company will be offering existing shareholders the opportunity to apply for additional shares in the ratio of 2:1 (or, 1:0.5). This means for every two shares held, shareholders can apply for one additional share. The application
A total of 18,55,211 unit bonus shares of Arun Kabeli Power Limited (AKPL) have recently been listed on the Nepal Stock Exchange (NEPSE). The listing comes after the company’s 12th Annual General Meeting (AGM) held on the 30th of Kartik, where a dividend of 10.5263% for the fiscal year 2078/79 was approved. The board of
Ngadi Group Power Limited (NGPL) has scheduled a Special General Meeting (SGM) to take place on the 14th of Shrawan, 2080. The meeting will be held at Lord Party Venue in Dhumbarahi and is set to commence at 10 am on that day. The SGM will address several important agendas, including the endorsement of 100%
Synergy Power Development Company (SPDL) has announced the book closure date for its 50% right shares, which is set for Shrawan 12, 2080. This means that shareholders who held shares before that date will be eligible for the rights offering. The hydropower company plans to issue 50% right shares valued at Rs. 40.32 Crores. This
Api Power Company Limited (API) has announced that today is the final day for shareholders to be eligible for its rights offering. The hydropower company plans to issue 40% right shares, amounting to Rs. 1.65 Arba, through the issuance of 1,65,33,137 units of right shares to its existing shareholders. This offering will increase the company’s
Ngadi Group Power Limited (NGPL) has proposed to offer 100% rights shares to its existing shareholders. The proposal was made during a recent Board of Directors meeting. NGPL’s Siurikhola Small Hydropower Project, located in Lamjung District, Gandaki Province, with a capacity of 4.95 MW, has been performing well due to regular maintenance. However, additional funds
The 132 KV Dordi Corridor Double Circuit Transmission Line Project has successfully connected 126.84 MW of electricity. This transmission line was built to transfer power from the Dordi River and its tributaries in Lamjung efficiently. Previously, the power infrastructure in the region was not fully utilized due to a lack of electricity. However, since
