Power Supply

             
  • NEA: 8221 MWh
  • Private Sector: 8446 MWh
  • India: 4456 MWh
  • Tripping: 0 MWh
  • Demand : 21123 MWh
  • Soure : NEA

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Australian Energy Storage Company Raises AU $16.3 Million in IPO

South Australian energy storage company 1414 Degrees will start trading on the Australian Securities Exchange after raising $16.3 million as part of its IPO. The company has spent a decade and A$15 million developing its silicon storage technology and will begin trading as a public company from 11am Australian Eastern…


Share Allure: Poor households borrowing, selling assets to buy shares

A recent study by International Finance Corporation (IFC) revealed that many poor rural households were borrowing money at high interest rates or selling primary assets to buy local shares in hydropower projects. Such investors often have unrealistic expectations of returns and are unclear on the risk of loss, the private…


Sebon approves IPO worth Rs 21b of 21 companies in FY2017/18

The Securities Board of Nepal (Sebon) approved primary shares worth Rs 20.78 billion, of 21 companies, in the last Fiscal Year 2017/18. The capital market regulator allowed the companies to issue a total 192.88 million units of share. More than half of these companies who wanted to draw capital from…


Hydro project starts issuing shares to locals

Energy Minister Barsha Man Pun officially distributed the initial public offerings of Upper Tamakoshi Hydropower Limited to the local people from Dolakha district, on Wednesday. The project is allotting 10 percent of its primary shares to the local people affected by the project’s construction. The hydropower company is issuing 10,590,000…


Shares worth Rs78.59 billion listed on Nepse

Primary shares worth Rs78.59 billion were listed on the Nepal Stock Exchange (Nepse) in the fiscal year 2017-18 as companies scrambled to raise their capital requirement by issuing rights and bonus shares. In 2016-17, primary shares worth Rs93.17 billion hit the secondary market. According to Securities Board of Nepal (Sebon)…


Nepse rolls out online trading system

Nepal Stock Exchange (Nepse) has rolled out the much-awaited fully-automated trading system in the stock market. The new system will run parallel with the existing system for the time being. The automated trading system, which has been named Nepse Online Trading System (NOTS), and came into operation from Tuesday will…


Nepal Stock Exchange goes fully online today

The Nepal Stock Exchange (Nepse) will go fully online on Tuesday. The country’s sole bourse said the Nepse Online Trading System (NOTS) and the existing Computerised Trading System would both become operational. Stockbrokers who have installed the Trade Management System can allow their clients to use NOTS, said Nepse spokesperson…


Nepse to test software before going online

User acceptance testing (UAT) of the software created to implement online stock trading will start on July 17, the Nepal Stock Exchange (Nepse) said. The fully-automated online trading system, which will allow investors to post purchase and sales order and provide them payment, clearing and settlement facilities, will get final…


Upper Tamakoshi makes IPO worth Rs1.05 billion

Upper Tamakoshi Hydropower Limited (UTHL) has made an initial public offering (IPO) for locals affected by the Upper Tamakoshi Hydropower Project in Dolakha district. UTHL, a subsidiary of the Nepal Electricity Authority (NEA), is the developer of the 456 MW plant. The company on Tuesday issued a public notice inviting…


Upper Tamakoshi gets Sebon nod to float public shares

Upper Tamakoshi Hydropower Ltd has received approval from the Securities Board of Nepal (Sebon) to float its primary shares to the affected communities in the project area and the general public. With the Sebon's approval last week, the hydropower company, promoted by the Nepal Electricity Authority (NEA) and three other…


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