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
Kalinchok Hydropower gets permission from Securities Board to issue IPO
Kathmandu. Kalinchok Hydropower has received permission from the Nepal Securities Board to issue an IPO. The Securities Board on Monday allowed this company to issue an IPO worth Rs 130.75 million. Now this company will open the IPO sale of a tota...
Saha, who was rescued alive from Trishuli-3 'A', says that there must be 40-50 people inside the tunnel
Kathmandu. Sanjay Sah, who was trapped inside the tunnel of the Trishuli-3 'A' hydropower project due to the devastating flood that occurred on August 10 at Bhotekoshi in Rasuwa, has said that there may still be people inside the tunnel. Sah and m...
What is the exchange rate of which foreign currency on Wednesday?
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 American dollar is 145 rupees 27 paisa and the selling rate is 145 rupees 87 paisa. Simi...
Double-digit decline in NEPSE, turnover of 4.57 billion
Kathmandu. On the fifth trading day of the week, the NEPSE index decreased by 10.66 points and remained at the point of 2615.03. During the day, 1291 thousand 401 shares of 329 companies were bought and sold, resulting in a turnover of 4.57 billio...
The NEPSE index fell by 26.07 points, trading at 11.97 billion
Kathmandu. On the second day of the week today, the stock market has seen a decline. NEPSE index decreased by 26.07 points to 2798 points. Today, the transaction amount has also decreased. The previous day's turnover was 14.35 billion rupees, but...
Eastern tea industries closed after India's blockade, 60,000 jobs in crisis
Kathmandu. After India imposed an unannounced ban on Nepali tea exports, the tea industries of Elam and Jhapa have started to close down. 56 industries in Elam have already been closed, while more than 30 industries and about two dozen tea gardens...