02-Feb-2022
Kathmandu
Buddhabhumi Nepal Hydropower company limited (BNHC) For Locals and General public IPO.
Buddhabhumi Nepal Hydropower company limited is going to issue 1,200,000 ( Twelve lakh units ) IPO ( initial public offering) shares worth of 120,000,000 ( Twelve Crore) with base price of Rs. 100.
Who is the issue manager of Buddhabhumi Nepal Hydropower company limited?
Civil capital Market limited
After the initial public offering promoters share vs general public ratio will be 70% vs 30%.
How much to apply?
Minimum 10 kitta to maximum 1,000 kitta could be.
About Buddhabhumi Nepal Hydropower company limited:
Buddhabhumi Nepal Hydropower Company is established to develop hydropower projects managed by well-experienced professionals, local and successful businessmen from various disciplines such as Management, Engineering and Public Affairs; who committed to bring excellence in the world of corporate
governance in the country. Beyond our self-governing activities, Buddhabhumi Nepal Hydro Power Company has owned 4.993 MW Hydro Power Project License for
Lower Tadi Khola Hydro Power Project, located in Nuwakot District of central Nepal. The headworks area lies about 150 M downstream from the confluence of the Tadi Khola & Chake Khola. The Powerhouse is proposed to be built on the left bank of the alluvium deposit. It is located about 300 M upstream of the headworks of the Aadishakti Hydro Power Plant (5 MW). Alongside our mission of developing the hydropower field in Nepal, we also seek to promote and enable infrastructural development in the communities we work in as well as preserve and protect our environment. The current project is about to complete sooner. The Project is at the final stage of development with the work completion measurement of around 90%. The development of the project is very well scheduled and targeting to complete by the end of March 2021 or earlier.
We believe that our hopes of sustaining Nepal with eco-friendly renewable energy, while generating benefits for the community and our stakeholders, are not only rational but also practicable. That is what drives, Buddhabhumi Nepal
Hydropower Company Limited.Our aspiration to provide Nepal with renewable hydroelectric energy for a cleaner and brighter tomorrow.
Besides, we feel very much delighted for where we are now and the long journey we have traveled from the time when we began. Last but not least, we are very much thanks to all the people who led us here from far away.
!!! HYDROELECTRIC ENERGY FOR A CLEANER AND BETTER TOMORROW ( source: Company website)
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