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
Kalanga Hydro's IPO collects 2 billion rupees, how many applied?
Kathmandu. 2 billion 25 lakh 29 thousand rupees have been collected in the IPO of Kalanga Hydro Limited. According to CDS, 17 lakh 79 thousand 593 people have applied for 2 crore 25 thousand 290 shares till 5 pm today on 10th May. The company has...
Exchange rate, dollar and euro value stable
Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currency for Saturday. According to the updated information published by the Central Bank, the buying rate of one US dollar has been fixed at 151 rupees 62 paisa and...
The price of gold decreased by 18 thousand 800 per tola, how much is the transaction going on today?
Kathmandu. The price of gold has decreased in the Nepali market on Sunday. According to the Federation of Nepal Gold and Silver Traders, today the price of gold has decreased by 18 thousand 800 rupees per tola. Along with this, on Sunday, the pric...
Most of the commercial banks have reduced the interest rate for the month of February, how much?
Kathmandu. Commercial banks have announced the new interest rates applicable for the month of February. According to the information published by the banks, most of them have reduced the interest rates. It seems that the maximum average interest r...
By July, 2 lakh 10 thousand metric tons of chemical fertilizers will be imported, 30 thousand metric tons will be imported from India alone
Kathmandu. The Ministry of Agriculture, Forestry and Environment has prepared to import about 200,000 metric tons of chemical fertilizers into Nepal within the coming month of July. In order to provide relief to the farmers, the ministry has start...
Enthusiasm in real estate business, revenue collection of 4.84 billion in the month of November alone
Kathmandu. With the opening of lots, enthusiasm has been seen in the real estate business in the month of November. According to the Department of Land Management and Records, a revenue of 4.84 billion 81 million rupees was collected from real est...