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
Tourist activity is increasing in Kanchenjunga, local tourism business is excited
Kathmandu. With the arrival of tourists in the Kanchenjunga region, the third highest mountain in the world, enthusiasm has been added to the local tourism business. As the weather becomes favorable, the movement of domestic and foreign tourists h...
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...
Are you exchanging foreign currency? View today's exchange rate (with list)
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the Central Bank, today the buying rate of one US dollar is 144 rupees 63 paisa and the selling rate is 145 rupees 23 paisa. The buying rate...
Nepal Life's 'Business Excellence Conference' completed, more than 13 billion first insurance fees collected last year
Kathmandu. Nepal Life Insurance, the most reliable life insurance company of Nepal, has successfully completed the two-day 'Business Excellence Conference'. More than 280 employees of sales and marketing departments from all over the country parti...
11 km Nagadhunga-Malekhu section under Prithvi Highway is blacked out
Chitwan. Under Prithvi Highway, 11 km Nagdhunga Malekhu section has been blacked out. Last year eight kilometers were blacked, this year three more kilometers were blacked. According to Vijay Darai, Engineer of Nagadhunga Muglin Road Project, unde...
6.20 billion turnover, a normal point growth in NEPSE
Kathmandu. On the third trading day of the week, NEPSE index increased by 1.52 points to 2641.43. During the day, 125 million 4970 shares of 320 companies were bought and sold, and 6 billion 209.4 million shares were traded.
Today, while the...