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
Bank interest became cheaper in July, 6 banks cut, which one has how much?
Kathmandu. All 20 commercial banks have announced the new deposit interest rates applicable for the month of July. Looking at the public rates, it is seen that the average interest rate of deposits has further decreased in July compared to J...
Preparing to blacklist these 15 construction companies
Kathmandu. The Public Procurement Monitoring Office under the Prime Minister's Office has initiated the process of blacklisting 15 construction companies.
The office has issued a notification today and has asked the construction compan...
Here are the foreign currency exchange rates for today
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 154 rupees 48 paisa and the selling rate is 155 rupees 08 paisa.
The buyi...
The price of eggs increased again
Chitwan. The consumption of eggs has increased as it gets colder. On top of that, after the tightening in the Indian border area, illegal eggs have been stopped. Farmers say that because of this, Nepali eggs have start...
Suryakund Hydro's IPO sale is open for general public from today
Kathmandu. Suryakunda Hydro Electric has opened the IPO sale for the general public from 18th January today. In the second phase, the company is going to issue a total of 572 thousand 431 shares of Rs 100 for general investors.
In this...
'Upper Myagdi' Hydropower Project: 50% physical progress in 13 months
Myagdi. In the 13 months since the construction of the under construction 'Upper Myagdi' hydropower project in Dhawalagiri Rural Municipality of Myagdi, 50% physical progress has been achieved. The 46.25 MW capacity project promoted by Hydro Empir...