Power Supply

  • NEA: 4378 MWh
  • Private Sector: 3994 MWh
  • India: 11383 MWh
  • Tripping: 80 MWh
  • Demand : 19835 MWh
  • Soure : NEA


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…

Upper Tamakoshi to issue shares to locals, public

Upper Tamakoshi Hydropower Company is preparing to issue 25 percent of its shares to project affected locals and the general public. The company is the developer of the 456 MW Upper Tamakoshi Hydropower Project located in Dolakha district in eastern Nepal. On Wednesday, Upper Tamakoshi Hydropower Company obtained permission from…

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…