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
NEPSE closed down with a normal score, turnover of 4.68 billion
Kathmandu. On the fifth or last trading day of the week, the NEPSE index decreased by 0.93 points and remained at 2560.15. During the day, 1449,496 shares of 328 companies were bought and sold, resulting in a turnover...
Today's foreign currency exchange rate fluctuations: what is the value of the dollar, euro and pound?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of various foreign currencies for today. According to the information released by the Central Bank, today the buying rate of one US dollar is 152 rupees 04 paisa and the selling rate is...
The capital market increased by 45 percent: shine in the banking and financial sector!
Kathmandu. The stock market continues to fluctuate continuously. Although the market fell by a few points on Tuesday, there was an improvement on Wednesday. Although it has increased today, the current ups and downs are considered to be the effect...
Heavy fall in the price of gold, how much per tola on Wednesday?
Kathmandu. The price of gold has fallen in the Nepali market today. Gold fell by 11 thousand rupees per tola in one day. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 317,600 rupees per tola today.
On the...
Monthly stipend for the injured of Gen-G movement: Govt started four tier classification
Kathmandu. The government has accelerated the classification of those who were injured during the demonstration by Yuva Pusta Genji on August 23 and 24. The Ministry of Home Affairs has implemented the procedure approved by the Council of Minister...
Nepal Telecom Billing Corruption Case: Everyone including Managing Director Paudel was acquitted
Kathmandu. The special court has acquitted all the defendants in the corruption case filed alleging irregularities in the billing system contract process of Nepal Telecom. The bench of judges of the special court held a hearing and acquitted all t...