Completed the financial management of Jaldigarh hydropower project, collected 4 billion 60 crores
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 exchange rate of which foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. The fixed exchange rate is fixed at the buying rate of one US dollar at 148 rupees 52 paisa and the selling rate at 149 rupees 12 paise. Similarly, the bu...
Request of the committee to make short, medium and long term plan to solve gas and food supply problem
Kathmandu. Chairman of Industry and Commerce and Labor and Consumer Welfare Committee, Rahbar Ansari, has urged the government and related agencies to move forward by making short-term, medium-term and long-term plans to solve the problems in the...
Certificate for those who contribute more than 10,000 to the reconstruction fund
Kathmandu. The government is going to give certificates to those who contributed more than 10,000 to the physical infrastructure reconstruction fund established for the reconstruction of the damage caused during the Genji movement of 23 and 24 Aug...
Rastra Bank will collect 1 trillion 25 billion deposits today, more liquidity in the market
Kathmandu. Nepal Rastra Bank is going to collect deposits worth one trillion 25 billion rupees again this Friday to manage excess liquidity in the financial system. Even after two weeks of formation of the new government, since the liquidity press...
Gold prices moderate, silver continues to set new records
Kathmandu. As the price of gold fell in the Nepalese market on Sunday, the price of silver remained at the highest price ever. According to the Federation of Nepal Gold and Silver Dealers, today the price of printed gold has decreased by 100 rupee...
The price of gold decreased, how much per tola on Tuesday?
Kathmandu. The price of gold in the Nepali market has decreased today. Gold tola has fallen by 200 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 283,800 rupees per tola today. The price of 10 grams of g...



