IPO approval delays stall hydropower projects and disrupt capital mobilisation in Nepal
Summary
Delays in IPO approvals have stalled hydropower projects and disrupted capital mobilisation and business expansions in Nepal, affecting financing structures and project timelines.
Key Points
- Delays in IPO approvals have disrupted capital mobilisation and stalled hydropower projects in Nepal.
- Hydropower companies face funding gaps as bank financing relies on equity raised through IPOs.
- 98 companies, including 32 hydropower firms, have pending IPO applications seeking Rs66.23 billion approval.
- Regulatory delays and leadership gaps at SEBON have contributed to the backlog, affecting project execution and industry confidence.
