Yambaling Hydropower Project Limited Opens IPO for Project-Affected Locals and Foreign Nepalese Immigrants From Today
Summary
Yambaling Hydropower Project Limited has launched an IPO offering shares to project-affected locals in Sindhupalchowk and Nepalese citizens working abroad, managed by Muktinath Capital Limited.
Key Points
- Yambaling Hydropower Project Limited started its IPO on 8th Chaitra 2082 for project-affected locals and Nepalese citizens working abroad.
- 7,00,000 shares are allocated for locals of Sindhupalchowk District, and 2,10,000 shares for Nepalese working abroad.
- The company operates the 7.27 MW Yambaling Khola Hydropower Project under a BOOT model.
- CARE Ratings Nepal Limited reaffirmed a moderate risk issuer rating of CARE-NP BB- (Is) for Yambaling Hydropower Limited.
