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
The prices of the US dollar and the euro have increased; what about the others?
Kathmandu. Today, the prices of the US dollar and the euro have increased. According to the Nepal Rastra Bank, the buying rate of one US dollar today is 151.85 and the selling rate is 152.45. On Monday, the buying rate was 151 rupees 56 paisa and...
In five months, 3 trillion 59 billion worth of goods were brought in through the Birganj border
Birganj. In the five months of the current financial year, goods and goods worth Rs. Compared to the five months of the previous financial year, goods worth 53.32 billion more were imported by 17 percent in the same period of the current year. Whi...
The euro and pound fell, while the Australian dollar and Bahraini dinar rose
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for Friday. Today, while the exchange rate of the US dollar and the Kuwaiti dinar remained stable, currencies including the Bahraini dinar and the Australian dolla...
Night business closed in Kathmandu from 18th
Kathmandu. Night business has been banned in Kathmandu from February 18th after 9 pm. District Administration Office Kathmandu has banned night business operations in view of the election of members of the House of Representatives to be held on Fe...
Singti Hydro will issue 100 percent rights
Kathmandu. Singti Hydro Energy Limited is going to issue rights. The company has appointed Muktinath Capital Limited as the sales manager for the rights issue. Sudip Khadka, Managing Director on behalf of Singti Hydro Energy Limited and Kavindra D...
Gold and silver prices are falling, how much is the transaction?
Kathmandu. The prices of both gold and silver have fallen in the Nepali market. On this day, gold decreased by 1000 rupees per tola and silver decreased by 15 rupees per tola.
According to the Nepal Gold and Silver Traders Federation, gold w...