Yambaling Hydropower Project Limited Issuing IPO Shares to Locals of Sindhupalchowk District And Nepalese Employed Abroad From Chaitra 08
Summary
Yambaling Hydropower Limited is issuing IPO shares to project-affected locals of Sindhupalchowk district and Nepalese citizens working abroad starting from 8th Chaitra, 2082. The 7.27 MW hydropower project began commercial operations in February 2024.
Key Points
- Yambaling Hydropower Limited is issuing IPO shares totaling 28 lakh units, representing 40% of its 70 crore capital.
- 10% of the shares are allocated to project-affected locals in Sindhupalchowk district, and 10% of the general public shares are reserved for Nepalese working abroad.
- The IPO for locals runs from 8th to 22nd Chaitra, 2082, with a possible extension to Baishakh 07, 2083, while for Nepalese abroad the dates are 8th to 11th Chaitra, with possible extension.
- Yambaling Hydropower's 7.27 MW run-of-river project began commercial operation in February 2024 under a BOOT arrangement.
