Power
“Deadline Extended for 1:0.50 Rights Offering by Synergy Power Development”
Synergy Power Development Limited (SPDL) has decided to extend the deadline for its rights offering. The rights offering commenced on the 3rd of Bhadra, 2080, and was initially set to conclude on the 24th of Bhadra. However, the company has now extended the deadline to the 31st of Bhadra, 2080. In this rights offering, SPDL […]
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“Api Power Company’s 1:0.40 Rights Offering Closes Today”
Api Power Company Limited (API) is closing the issuance of its ongoing right shares with a ratio of 1:0.40 starting from today, which began on the 31st of Shrawan. Eligible investors are urged to apply for these right shares before the end of banking hours today. Currently, the company has a paid-up capital of […]
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“Last Two Days to Apply for Api Power Company’s 1:0.40 Right Shares”
The rights issue began on the 31st of Shrawan and is set to conclude tomorrow, the 19th of Bhadra, 2080, at the close of banking hours. The company’s current paid-up capital is Rs. 4.13 Arba, and it will rise to Rs. 5.78 Arba after the proposed rights issue. In this new offering, the hydropower […]
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“Ridi Power Company’s 50% Right Share Added to SEBON Pipeline”
SEBON, the Securities Exchange Board of Nepal, has included Ridi Power Company Limited’s right shares in its initial evaluation phase. This hydropower firm intends to offer 50% right shares amounting to Rs. 77.44 Crores. This will involve distributing 7,744,506 (in a 1:0.50 ratio) units of right shares to its current shareholders. With the company’s […]
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“Synergy Power Development Launches 1:0.5 Right Share Issue Today”
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, […]
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“Nepal-Bangladesh Power Deal: 40 MW Export in First Phase Marks Milestone Agreement”
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.
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“RADHI Reports Q4 Profit; Slight Dip in Revenue from Power Sales”
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 […]
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“API Power Begins 40% Right Share Issue Today”
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. […]
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“Closing Today: National Hydro Power Company 10:5 Rights Offering”
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, […]
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“Synergy Power Development (SPDL) Announces 1:0.5 Right Shares from Shrawan 25”
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 […]
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