Kimathanka Arun hydropower project will be built with indigenous capital, investment modality decided
-
Media Baaji
- Tue, 6 January 2026
Kathmandu. The investment modality has been decided to build the Kimathanka Arun semi-reservoir hydropower project with a capacity of 454 MW identified in Bhotkhola rural municipality-2 of Sankhuwasabha with indigenous capital. The estimated cost of the project, including interest for the construction period, is 97 billion 94 million rupees. 70 percent of the total cost will be raised from debt and 30 percent from equity.
Co-financing of HIDCL, Employees' Provident Fund, Citizen Investment Fund, Social Security Fund, Insurance Companies and Banks has been proposed for debt management. The equity amount will be collected from founders, non-resident Nepalis, project-affected locals and general public through share issuance.
It is estimated that about 2 billion 69 million units of electricity will be generated annually from the project and the income will be about 16 billion 91 million rupees.
Express
Related News
An increase of 47.22 points in NEPSE, turnover of 7.3 billion
Kathmandu. On the first trading day of the week, NEPSE index increased by 47.22 points to 2647.44. During the day, 1 crore 42 lakh 4 thousand 362 shares of 330 companies were bought and sold, and more than 7.3 billion...
National Life Insurance's three-day 'Employee Skill Enhancement Program' completed in Pokhara
Pokhara. National Life Insurance Company Limited has completed a three-day Employee Skill Enhancement Program in Pokhara with the objective of enhancing the skills, efficiency and technical capabilities of its employees. About 280 employees from b...
Yambaling Hydropower will issue an IPO to the general public from May 16
Kathmandu. Yambaling Hydropower Company Limited is going to issue an IPO to the general public from the 16th of Baisakh. In the first phase, after distributing the IPO to project-affected and foreign employed Nepalis, the second phase is to issue...
The south side of Sainik Manch is being greened at 27 million
Kathmandu. The Metropolitan Corporation has prepared to plant ``Varmudha Grass'' worth Rs.
According to Arjun Aryal, Senior Engineer of Kampa Public Works Department, the plan has been put forward to organize an open space for th...
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...
Gold decreased by 10,000 rupees per tola in one day, how much per tola?
Kathmandu. The price of gold in the Nepali market has fallen drastically. Gold tola decreased by 10 thousand 100 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 291,800 rupees per tola today.
On the...