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Power Supply

  • NEA: 351 MW
  • Private Sector: 165 MW
  • India: 484 MW
  • Loadshedding: 260 MW
  • Demand : 1260 MW
  • Soure : NEA

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Bank interest, minister statement blamed for new low in Nepse

Nepal Stock Exchange (Nepse), the only stock market of the country, crashed on Monday as the benchmark index plunged 51.89 points, or 4.25 percent, on a single day to close at 1,168.55 points. The stock market which was on a downward trend since the last few months went into a…


Butwal Power Company’s FPO under-subscribed

Nearly 28 percent of public shares offered by the Butwal Power Company Ltd on follow-on public offering (FPO) remained unsubscribed. According to NMB Capital, issue manager of the BPCL's FPO, the public subscribed only 71.6 percent of shares out of the offered 4.09 million units. The under-subscription of the hydropower…


Upper Tamakoshi hydro readying to issue shares

The Upper Tamakoshi Hydropower Project has been making preparations to issue 25 percent of its shares to project affected locals and the general public. The 456 MW hydropower project, being developed by state-owned power utility Nepal Electricity Authority (NEA) in Dolakha, has set aside 10 percent of the shares for…


Sebon brings new directives for listed companies

The Securities Board of Nepal (Sebon) has issued new directives related to corporate governance for listed companies that require them, among others, to have two different individuals for the posts of chairperson and chief executive officer (CEO). Publicizing the new directives, billed as code of conduct for public companies, on…


C-ASBA process to launch Feb 23

Investors will be able to buy primary and rights shares online after the Centralised Application Supported by Blocked Amount (C-ASBA) process is implemented on February 23. The new system is expected to reduce hassles for investors, issue managers and the banks through which investors submit their applications to buy shares…


Sanjen, Rasuwagadhi floating primary shares worth over Rs 2.5 billion

Sanjen Jalavidhyut Company Limited (SJCL) and Rasuwagadhi Hydropower Company Limited (RHCL) are floating initial public offerings worth above Rs 2.5 billion in the first phase. The two hydropower companies owned by the government through Nepal Electricity Authority (NEA) are going public to mobilize capital from the public. In the first…


SEBON permits IPO worth NRs 27.6 billion in six months

The Securities Board of Nepal (SEBON) has given permission to issue an initial public offering worth Rs 27.76 billion in the past six months of the current fiscal, Board statistics asserted. According to the Board, there is an increase in number of permissions granted and amount collected through it when…


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…


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