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
What is the former king in India doing in the discussion for more than a week on the security of the governor?
Kathmandu. Former King Gyanendra Shah is currently in India. The former king, who is in Siliguri, India, reached Siliguri via Damak on 2nd of January. There is no indication that Purvaraja will return in 1-2 days. It is not clear how long the form...
The price of petroleum products fell!
Kathmandu. Nepal Oil Corporation has adjusted the price of petroleum products. The corporation has reduced the price of petrol by three rupees per liter with effect from 12:00 pm. Similarly, diesel and kerosene per liter has decreased by one rupee...
Juice production after kiwis are not sold
Baglung. The women of Tarakhola rural municipality have started producing kiwi juice. Five years ago, women planted kiwis all over the fields in the village hoping to sell them at a high price, but now they are unable to find a market, so they hav...
No longer needing a bank to take a loan, Rashtra Bank is implementing formal loan transactions between individuals
Kathmandu. The Governor of Nepal Rastra Bank, Dr. Vishwanath Poudel, today announced the 25th monetary policy for the fiscal year 2083 and 84. This year's monetary policy has placed special emphasis on digital financial instruments and regulatory...
What is the foreign currency exchange rate for Wednesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 56 paisa and the selling rate is 142...
Increase in the price of petroleum products
Kathmandu. The price of petroleum products has decreased. With the Indian Oil Corporation sending new prices on Sunday, when the Nepal Oil Corporation adjusted the prices, the prices of diesel and kerosene have decreas...