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
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...
17.53 points decline in NEPSE, turnover above 14.56 billion
Kathmandu. On the fifth trading day of the week, NEPSE index decreased by 17.53 points and remained at 2714.05. During the day, 354 million 77 thousand 939 shares of 320 companies were bought and sold, with a turnover of 14.56 billion 31 million s...
Yambaling Hydropower will issue an IPO to the general public from May 16
Kathmandu. Yambaling Hydropower Company Limited is going to issue an IPO to the general public from the 16th of Baisakh. In the first phase, after distributing the IPO to project-affected and foreign employed Nepalis, the second phase is to issue...
Fuel supply from Tribhuvan Rajpath after the road was washed away in Krishnabhir
Kathmandu. After the road was blocked in the Krishnabhir section of Dhading under the Prithvi Highway, Nepal Oil Corporation is continuing to supply petroleum products and LP gas to Kathmandu Valley and surrounding areas through the alternative ro...
Tax arrears are coming up: The remaining amount has reached 94.95 billion
Kathmandu. In recent years, the outstanding tax arrears in Nepal have started to pile up. According to the Internal Revenue Department, by the end of the financial year 2081 and 2082, the outstanding amount including i...
What is the foreign currency exchange rate on Friday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the buying rate of one US dollar is 141 rupees 57 paisa and the selling rate is 142 rupees 17...