Financial management of Tila 1 hydropower project led by NMB Bank
-
Media Baaji
- Wed, 19 August 2026
Kathmandu. NMB Bank Limited has successfully completed the financial management as the lead bank for the Tila 1 Hydropower Project located in Calikot district with a capacity of 440 MW according to the production permit. Promoted by SC Power Company Pvt Ltd, this project is being constructed in Tila Khola and its total estimated cost is 59.4 billion rupees. Out of the total cost, the Consortium Cofinancing Group of Banks will provide term loans worth Rs 44.55 billion.
In this financial management, NMB Bank Limited is the lead bank, while Global IME Bank Limited, Himalayan Bank Limited and Prabhu Bank Limited are the co-lead banks. Besides, other banks and financial institutions are also involved as member banks.
This agreement was signed by Mr. Dinesh Dulal, Assistant General Manager on behalf of NMB Bank Limited and Ms. Susan Karmacharya, President on behalf of SC Power Company Pvt Ltd. Based on the installed capacity, this is the largest hydropower project developed by the private sector so far. SC Power Company Pvt Ltd is headed by Ms. Susan Karmacharya and her group. According to the power purchase agreement of this 440 MW project, the designated year of commercial operation is December 31, 2030. In the first year of operation, it is estimated that this project will generate revenue equal to 11.4 billion rupees.
Related News
Heavy fall in the price of gold and silver, how much per tola on Thursday?
Kathmandu. Even today, the price of gold is falling in the Nepali market. The gold tola has dropped by five thousand 200 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 278,300 rupees per tola to...
The line can be cut at any time in case of non-payment of dues: Authority
Here are the foreign currency exchange rates for today
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 set at 140 rupees 26 paisa and the selling rate is 140 r...
Palpa Cement will issue an IPO for the general public from February 12
Kathmandu. Palpa Cement Industries Limited is going to issue an IPO to the general public from the 12th of February. In the first phase, the company has issued and distributed IPO to local residents of industry-affected areas and Nepalese working...
The price of gold increased by 10,400 per tola in one day, how much did it reach?
Kathmandu. Today, the price of gold has increased by 10,400 rupees in one day. The price of gold reached 295 thousand one hundred on Wednesday, according to the Federation of Nepal Gold and Silver Traders. This price of gold is the most expensive...
New government pricing of land in Kathmandu Valley: Newroad, Darbarmarg and Maitighar areas are the most expensive
Kathmandu. The land administration offices under the Land Management and Records Department have published the minimum valuation of land across the country for the new financial year 2083 and 84, i.e. the government value. Based on the purpose of...