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Power Supply

  • NEA: 354 MW
  • Private Sector: 194 MW
  • India: 476 MW
  • Loadshedding: 265 MW
  • Demand : 1289 MW
  • Soure : NEA

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CDSC set to apply C-ASBA system

CDS and Clearing Ltd (CDSC) has finalised all the preparatory works to implement the Centralised Applications Supported by Blocked Amount (C-ASBA) system mandatorily while applying for primary shares. Since the Securities Board of Nepal (SEBON) has approved the guidelines, CDSC has planned to implement the new provision within the next…


SEBON seeks annual, financial reports

he Securities Board of Nepal (SEBON)  the capital market regulator of the country has directed the Nepal Stock Exchange (Nepse) and listed firms in the secondary market to submit their annual and financial reports as soon as possible. Issuing a letter to Nepse and the individual listed firms, SEBON has…


IPO worth Rs 3.36 billion in pipeline

A total of 15 companies are seeking the approval from Securities Board of Nepal (Sebon) to float 47.77 million units of shares worth Rs 3.36 billion to the public. Among these 15 companies, 13 are hydropower companies and two microfinance institutions. The much-awaited Upper Tamakoshi Hydropower Ltd (UTKHL) has also…


United Modi approves 5 percent cash dividend

The third and fourth Annual General Meeting of United Modi Hydropower Limited has approved a proposal to offer 5 percent cash dividend (Rs 57.5 million) to its shareholders, a statement issued by the company on Friday said. United Modi Hydropower Limited is the promoter of Lower Modi-1 Hydropower Project (10…


Upper Tamakoshi to issue shares to public

Upper Tamakoshi Hydropower Ltd has begun the process to issue shares to the public. After completing the construction of headrace tunnel of the Upper Tamakoshi Hydropower Project — a national pride hydropower project — the company has initiated the process of issuing shares to the public. The company will issue…


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.…


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