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
20.75 points decline in NEPSE, turnover of 8.36 billion
Kathmandu. On the second trading day of the week, the NEPSE index decreased by 20.75 points to 2642.15. During the day, 25 million 559 thousand 55 shares of 354 companies were bought and sold, and 8 billion 36 million 44 million shares were traded...
The process of implementing a modern landing system at Pokhara International Airport has progressed
30 October, Kathmandu. Due to bad weather and low visibility, the process of implementing a modern air navigation system has been progressed to reduce the problems of flight disruptions, diverting to other airports and flight cancellations at Pokh...
Enthusiasm in real estate business, revenue collection of 4.84 billion in the month of November alone
Kathmandu. With the opening of lots, enthusiasm has been seen in the real estate business in the month of November. According to the Department of Land Management and Records, a revenue of 4.84 billion 81 million rupees was collected from real est...
Naima's request to the government - automobile sector should be recognized as a 'necessity' and not a 'luxury'
Kathmandu. The delegation headed by Ritu Singh Vaidya, President of Nepal Automobile Importers and Manufacturers Association Naima, Finance Minister Dr. Swarnim Wagle met with and presented detailed suggestions for policy and systemic reforms rela...
From today, cylinder gas in the market: Price fixed at 2 thousand 60 rupees per cylinder
Kathmandu. Addressing the discomfort of cooking gas LP gas seen in the market and the demand of consumers, Nepal Oil Corporation is going to start the sale and distribution of full weight cylinders of gas across the country from Wednesday. The cor...
Meter-busting victims who walked to Kathmandu stopped at Nijgarh, efforts to reach agreement continue
Twelve. The third phase of the walk march started from Tirhutia Gachi in Janakpurdham by the farmers and labor movement Nepal against meter interest has entered the eighth day today. On the fifth day of the journey, the protestors, who were on the...