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
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...
Re-operation after five months at Satighat of Arun river
Bhojpur. The Arun river ferry service at Satighat, which connects Bhojpur and Sankhuwasabha from the north, has resumed operation after six months. The ferry, which has been closed since last May due to rain, has been brought back into operation f...
The value of the US dollar is at an all-time high
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the value of the US dollar has risen to its highest point so far. According to the fixe...
What is the foreign currency exchange rate on Friday?
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 62 paisa and the selling rate is 142...
The amount of contribution to the social security fund reached one billion
Kathmandu. The amount of contribution to the social security fund, which the government has started to bring the citizens under the scope of social security, has reached nearly one billion. According to the fund, so fa...
High increase in gold prices, how much per tola on Friday?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola increased by 5 thousand 300 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 292,000 rupees per tola today.
On th...