Dordi Khola Hydropower Has Appointed NIC Asia Capital As Issue Manager For It's Rights Share Issuance
Summary
Dordi Khola Hydropower Limited appointed NIC Asia Capital as the issue manager for its rights share issuance, planning to issue over 11.9 million shares based on its Rs. 2.10 billion paid-up capital. The 12MW Dordi-I Hydropower Project in Lamjung has been commercially operating since October 2022.
Key Points
- NIC Asia Capital Limited was appointed issue and sales manager for Dordi Khola Hydropower Limited's rights share issuance.
- Dordi Khola Hydropower Company Limited approved issuance of up to 11,938,714.58 rights shares in the ratio of 100:56.62.
- The issuance is based on the company's current paid-up capital of Rs. 2.10 arba.
- Dordi Khola Hydropower operates a 12MW run-of-river Dordi-I hydropower project in Lamjung district, Gandaki Province, Nepal, operational since October 2022.
