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
6.5 billion trade loss in five months
Kathmandu. Till the end of December of the current fiscal year 2082-83, the country has incurred a loss of Rs. According to the five-month foreign trade status report published by the Customs Department, during this period, imports of Rs. Compared...
What is the exchange rate of which foreign currency on Tuesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. While the price of the US dollar, which was stable on Monday, fell, the price of the European euro rose today. According to the fixed exchange rate, the b...
There is no shortage of gas in the market: Nigam
Kathmandu. In Nepal, the Oil Corporation has stated that there is no shortage of LP gas for cooking in the market as it has been regularly supplied. India's Barauni Refinery Center was closed for a week for repairs and it took time to supply gas f...
Iran turning problems into opportunities, making billions of dollars under the guise of war
Kathmandu. Iran has turned the war with the US and Israel into an opportunity. The U.S. targeted military bases near the island of Kharg Iran, but did not directly target an oil terminal for fear of a global oil crisis. Taking advantage of this, I...
The value of the Japanese yen has fallen, see foreign currency exchange rates
Kathmandu. The value of the Japanese yen has fallen somewhat. The buying rate of 10 yen has reached 9 rupees 48 paisa and the selling rate has reached 9 rupees 52 paisa.
According to Nepal Rastra Bank's foreign currency exchange rate for tod...
Ministry of Education said: Free MBBS for Genji injured is not against the rules
Kathmandu. The Ministry of Education, Science and Technology has clarified that the decision to give free MBBS study opportunity to Ekta Shah, who was injured during the Genji movement, is not against the law and rules. According to the rules of t...