Completed the financial management of Jaldigarh hydropower project, collected 4 billion 60 crores
-
Media Baaji
- Fri, 18 September 2026
Kathmandu. The financial management of the 22.50 MW Jaldigarh hydropower project to be built in Athabiscot Municipality of Rukum West has been completed. Investment worth 4.6 billion rupees has been collected for the project promoted by Shangrila Hydropower.
Under the leadership of National Commercial Bank, Nepal Bank Limited and Nepal Infrastructure Bank have signed an agreement to invest 3.36 billion rupees in loans through co-financing. The remaining 1 billion 237 million rupees of the total cost will be raised by the promoters through their own capital.
The agreement regarding financial management was signed by Shangrila Hydropower Chairman Khagendra Neupane and National Commercial Bank Chief Executive Officer Devendraraman Khanal.
During the agreement program, Chief Executive Officer of National Commercial Bank Khanal said that the biggest achievement would be to complete the hydropower project on time. Mentioning that there will be a direct relationship between time and cost, he opined that if the project is completed quickly, the confidence of banks, investors and the general public will increase.
Express
Related News
Now one Nepali millionaire every day, 10 lakh each in bumper to two people in a month
Kathmandu. The Government of Nepal, the Ministry of Finance has issued and implemented the "Taxpayer Incentive Gift Program Operation Procedure, 2083" with the aim of developing a culture of mandatory bill receipt in the purchase and sale of goods...
A general decline in NEPSE, turnover of 8.69 billion
Kathmandu. On the fourth trading day of the week, the NEPSE index decreased by 0.04 points and remained at the point of 2662.09. Today, 222 million 82 thousand 50 shares of 329 companies were bought and sold, and 8 billion 69 million 22 million sh...
Nepalis abroad sent 553 billion in three months, an increase of 35.4 percent in remittances
Kathmandu. In the first three months of the current financial year, there has been an increase of 35.4 percent in remittance inflow in July and October. According to the details released by Nepal Rastra Bank, remittanc...
Foreign currency exchange rate determined for today
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 144 rupees 65 paisa and the selling rate is 145 rupees 25 paisa. Similarly,...
The price of gold increased by 10,400 per tola in one day, how much did it reach?
Kathmandu. Today, the price of gold has increased by 10,400 rupees in one day. The price of gold reached 295 thousand one hundred on Wednesday, according to the Federation of Nepal Gold and Silver Traders. This price of gold is the most expensive...
The amount of contribution to the social security fund reached one billion
Kathmandu. The amount of contribution to the social security fund, which the government has started to bring the citizens under the scope of social security, has reached nearly one billion. According to the fund, so fa...