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HIDCL Approves Billions for Energy Projects, But Cash Flow Remains Slow
Kathmandu : Although Hydro Electricity Investment and Development Company Limited (HIDCL) has approved large-scale investments in the energy sector, the expected fund disbursement has not materialized, leading to a significant increase in the company’s bank balances. The company has stated that so far it has approved loans and equity investments totaling NPR 6.537 billion for 47 hydropower and…
Minister Ghising Directs Finalization of Investment Modality for Kimathanka Arun Hydropower Project Using Domestic Capital
Kathmandu, 6 January : An investment framework (modality) has been prepared to construct the 454-megawatt Kimathanka Arun semi-reservoir hydropower project, identified in Bhotkhola Rural Municipality–2 of Sankhuwasabha, using domestic capital. The project, with an estimated cost of NPR 97.94 billion including interest during construction, will be implemented by the Electricity Generation Company,…
Jagdulla Hydropower Project Contract Finalized, Paving the Way for Karnali’s Energy Development
Kathmandu — The 106-megawatt Jagdulla Hydropower Project contract has been successfully finalized. In the tender issued by Jagdulla Hydropower Company Limited, both Sino Hydro and JCE/ANK JV passed the technical evaluation. Following the opening of financial proposals, JCE/ANK JV, with the lowest bid, was awarded the contract. An agreement has been signed between Jagdulla Hydropower and JCE/ANK…
Upper Kabeli Hydropower Tunnel Breakthrough Achieved
TAPLEJUNG, July 21: The headrace tunnel of the under-construction Upper Kabeli Hydropower Project in Taplejung has achieved a breakthrough. The 1,772-meter tunnel stretches from the intake to the audit, covering areas of Sirijanga and Sidingwa rural municipalities along the Kabeli River. With this progress, the project has advanced significantly closer to completion. Project manager Prakash…
Energy Minister Khadka Assures Stable Market, Encourages Confident Investment in Hydropower Sector
Kathmandu — Energy, Water Resources, and Irrigation Minister Deepak Khadka has called on investors to capitalize on opportunities in the hydropower sector, asserting that the market for electricity generated is guaranteed. Speaking at the financial management signing ceremony for the 77.5 MW Ghunsa Khola Hydropower Limited, which is set to be constructed by Remit Hydro Limited in Taplejung’s…
Fresh tender issued for Jagadulla Hydropower Project
Kankrebihar (Surkhet), Jan 20: A fresh tender has been issued for the Jagadulla Hydropower Project, which is set to be developed in Mudkechula Rural Municipality, Dolpa. According to Sanjay Sapkota, the CEO of the company, the tender is valued at Rs 16 billion. The original tender for civil and hydro-mechanical works was called on June 2 last year, attracting bids from seven companies, including…
Upper Arun to Proceed with Domestic Investment if World Bank Withdraws
Managing Director of Nepal Electricity Authority, Kulman Ghising, has said that if the World Bank is not ready to invest in the 1063 megawatt Upper Arun Hydropower Project, Upper Arun will be constructed in the same investment pattern as Upper Tamakoshi. The Managing director of the authority and the promoter of the project, Upper Arun Hydro-Electric Limited, chairman of the board of directors,…
अवितरित हकप्रद शेयर बाँडफाँट
अवितरित हकप्रद शेयर बाँडफाँट
हाइड्रोइलेक्ट्रीसिटी इन्भेष्टमेन्ट एण्ड डेभलपमेन्ट कम्पनीले बोलपत्रद्वारा निष्कासन गरेको संस्थापक समूहतर्फको अवितरित हकप्रद शेयर बाँडफाँट गरेको छ । कम्पनीले शुक्रवार एक सूचना जारी गर्दै हकप्रद शेयर बाँडफाँट गरेको जानकारी गराएको हो । बाँडफाँटमा नपरेको शेयर बापतको रकम आवेदन फारममा उल्लेख गरेको खाता नम्बरमा साउन १ गतेदेखि जम्मा गरिने विक्री प्रबन्धक ग्लोबल आइएमई क्यापिटल लिमिटेडले जानकारी दिएको हो…
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