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Power Supply

  • NEA: 347 MW
  • Private Sector: 314 MW
  • India: 316 MW
  • Loadshedding: 300 MW
  • Demand : 1272 MW
  • Soure : NEA

Share

20 companies preparing to issue shares worth Rs3.5b

Twenty companies are waiting for the go-ahead from the Securities Board of Nepal (Sebon) to issue 52 million primary shares worth more than Rs3.5 billion. They include 16 hydropower companies, two development banks, one commercial bank and one insurance company, said Sebon. Among them, 17 companies plan to conduct an…


456MW Upper Tamakoshi Hydel project to float shares to public in Dec

The much-awaited 456MW Upper Tamakoshi Hydro-power Project is gearing up to float shares to the public, including those residing in project-affected areas, in December. The project is planning to launch initial public offering (IPO) equivalent to 25 percent of its stake, which is worth Rs2.64 billion. The project hopes to…


Hydro companies, banks to issue over 56 million shares

Seven hydropower companies and four financial institutions are in the process of issuing primary shares, the Securities Board of Nepal (Sebon) said. They will be issuing 56,803,085 primary shares through initial public offerings (IPOs) and further public offerings (FPOs). According to Sebon, the hydropower companies are slated to make IPOs worth…


Nepse starts new fiscal year strong

Nepal Stock Exchange (Nepse) gained 53.08 points to close at 1,635.75 points last week, as investors ushered in the new fiscal year with a clean start by paying their loan installments. In addition, the stock market was also influenced by a new provision set forth by the regulator regarding share…


NIBL Capital Crossed 1 Lakh DEMAT Accounts

NIBL Capital Limited has achieved the mark to cross 1 Lakh Demat accounts first among the peers. It is one of the leading depository participants with over 11.5% among the market share. These beneficiary owners are facilitated through NIBL Capital and all branches of NIBL within and outside the valley.…


Nepse records a gain of 4.32 points

Stockbrokers, who had suspended trading in protest of the government’s decision to impose VAT on their commission, have agreed to resume trading from Sunday Nepal Stock Exchange (Nepse) added 4.32 points to close at 1,563.81 points last week, as the government successfully conducted second phase of local elections while banks…


Stock transaction likely to resume on Sunday

Stocks transaction, which could not take place on Thursday in the country’s only secondary market, is likely to resume on Sunday, as stockbrokers, who had launched a protest to condemn the government’s decision to bring in stockbrokers to value added tax (VAT) regime, softened their stance during talks with officials of…


Stock brokers halt trading in protest of VAT

Stockbrokers halted transactions in the secondary market on Thursday, protesting against the government’s move to bring stockbrokers into the value added tax (VAT) regime. They warned to halt transactions for an indefinite period, if the government did not roll back its plan. The Inland Revenue Offices (IROs) had been asking…


13 hydel companies in preparation to launch IPO

Various 13 hydro power companies are to launch their initial public offerings (IPO) in the near future. Of the 19 companies of different sectors that had applied to the Security Board of Nepal for IPO and Follow on Public Offer (FPO), 13 companies belong to hydropower. The IPO will be…


Shares in Everest Insurance, National Hydro suspended

The Securities Board of Nepal (Sebon) has suspended trading in shares of Everest Insurance and National Hydropower. Everest Insurance has been put on the banned list for leaking sensitive information while National Hydropower is mired in a controversy regarding the legitimacy of its board of directors. Sebon moved against Everest…


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