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.
Express
Related News
Federation's objection to industrialists' strike and preparation for power cut
Kathmandu. Federation of Nepal Chamber of Commerce and Industry (FNCCI) has expressed serious concern about the preparations to cut the power lines of the industries within the industrial area run by the Industrial Zone Management Limited and crea...
Imports of LP gas fell by 40.8 percent in a single day, only 128,332 cylinders were imported on August 26.
Kathmandu. There has been a significant decline in the daily import of LP gas in Nepal. According to the data of the Customs Department under the Ministry of Finance, the total import of LP gas on August 26 has decreased by 40.8 percent compared t...
What is the exchange rate of which foreign currency on Saturday?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for today. According to the determined exchange rate, the buying rate of one US dollar is 145 rupees 27 paisa and the selling rate is 145 rupees 87 paisa. Similarly, th...
What is the exchange rate of foreign currency on Thursday?
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 fixed at 141 rupees 45 paisa and the selling rate is 142...
The fall in the price of gold, how much has it reached now?
The Kathmandu. The price of gold has fallen in the Nepali market today. The gold is worth Rs 2,400. According to the Federation of Nepal Sunchandi Traders, gold is being traded at Rs 3.66 lakh per tola today. Today, the price of 10 grams of gold i...
NEPSE increased by 9.78 points today, turnover of 3.94 billion
Kathmandu. On the second trading day of the week, the NEPSE index increased by 9.78 points to 2550.36. During the day, 88 lakh 93 thousand 778 shares of 335 companies were bought and sold, with a turnover of 3.94 billi...