August 28, 2026, Friday
English

Kimathanka Arun hydropower project will be built with indigenous capital, investment modality decided

Main News Image

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.

mediabaaji add

Related News

Madhesh Pradesh CEO Club members honored by National Life

Kathmandu. National Life Insurance Company Ltd. has completed the CEO Club member honoring program at Mithila Yatri in Janakpur under the chairmanship of the company's chief executive officer. In financial year 2081-82, 77 agents who qualified fro...

The price of gold and silver rose sharply, exceeding 268,000 per tola

Kathmandu. The price of gold and silver rose sharply in the Nepalese market on Tuesday. According to the Nepal Gold, Silver, Gems and Jewelery Federation, the price of gold per tola has increased by Rs 3,100 to Rs 2,68,100. Earlier on Monday, gold...

The tenth Dhading festival will be held from January 15 to 25

Kathmandu. The 10th Dhading Festival 2082 will be organized with the aim of making the local economy dynamic through the development and promotion of the economic, social, touristic and cultural sectors of the district. The festival will be conduc...

More liquidity in the banking system, with the National Bank drawing a trillion rupees from the market

Kathmandu. Nepal Rastra Bank is going to issue a 91-day deposit collection tool worth one trillion rupees on Wednesday to manage the continuously increasing excess liquidity in the banking system. Since the last few months, there is more than enou...

The price of gold and silver in the Nepalese market fell sharply, gold decreased by 8,200 tolas

Kathmandu. In the Nepalese gold and silver market, the price of both gold and silver has fallen significantly on Sunday. According to the information released by the Nepal Gold and Silver Traders Federation, on the first trading day of the week, t...

Courage Energy and NRN Infrastructure have applied to the Securities and Exchange Board to issue 100 percent rights.

Kathmandu. Two companies have sought permission from the Nepal Securities Board to issue rights. Courage Urja Limited and NRN Infrastructure Development Limited have applied to the board demanding issuance of rightful shares at 100 percent rate.&n...