Solu Hydropower's IPO Local allotment
Kathmandu. Solu Hydropower Limited has distributed 10 million IPO shares issued for project-affected locals today. The allotment of 1 million shares of the company's foreign employment has already been completed.
After the completion of the local and foreign employment process, the company is going to issue the IPO for the general public from the 29th of January. The company is going to bring the remaining 8.2 million shares to the general public after protecting the collective investment fund and employees. Nabil Investment Banking and Himalayan Capital are the sales managers of the company.
Express
Related News
The Electricity Authority will provide employment to eight more people from the Shaheed family
Kathmandu. The Nepal Electricity Authority has decided to provide employment to eight more family members who were martyred during the Genji movement. Chairman of the Board of Directors and Minister of Energy, Water Resources and Irrigation Virajb...
National Life’s “Raising the Bar, Redefining Success”: Business Expansion Accompanied by Recognition of Outstanding Branches and Employees
Gorkha. National Life Insurance Company Limited has successfully concluded its four-day Branch Managers Conference at Hotel Manakamana Hillcrest Resort in Manakamana, Gorkha. Organized under the theme “Raising the Bar, Redefining Success,” the con...
Action taken against two pilots of Nepal Airlines
Kathmandu. The Civil Aviation Authority of Nepal (CAN) has grounded two pilots of the Nepal Airlines Corporation for violating the rules related to flight operations. CAN had written to the corporation on Friday, instr...
The Employment Service Center will now be transformed into an 'Employment, Skills and Entrepreneurship Centre'
Kathmandu. The government has started the process of transforming the employment service centers at the local level across the country into 'employment, skills and entrepreneurship centres'. The Ministry of Youth, Labor and Employment issued a pre...
Resumption of interest subsidy on subsidized loans, payment of Rs. 10.58 billion by Rashtra Bank
Kathmandu. Nepal Rastra Bank has paid 10.58 billion rupees to 50 banks and financial institutions for concessional loan interest subsidy. The government has resumed the payment of the subsidy, which was stopped due to the abuse of concessional loa...
ADB Project’s Rs 420 Million Budget Under Scrutiny, Consultant Selection Sparks Controversy
Kathmandu — The consultant and service provider selection process under the Rural Connectivity Improvement Project, implemented through the Department of Local Infrastructure Development with support from the Asian Development Bank, has come under...



