Mount Everest Power Development Limited Concludes IPO Allotment for Nepalese Citizens Working Abroad; 17,200 Lucky Applicants Receive 10 Units Each
Summary
Mount Everest Power Development Limited concluded its IPO allotment for Nepalese citizens working abroad, allotting 10 units each to 17,200 applicants. The company operates the 12 MW Dudhkunda Khola Hydroelectric Project in Solukhumbu.
Key Points
- Mount Everest Power Development Limited concluded IPO allotment for Nepalese working abroad on 1st Jestha, 2083.
- 17,200 applicants were allotted 10 units each from the IPO.
- Total issued capital of the company is Rs. 34 Crores with 25% issued to the public.
- MEPDL operates the 12 MW Dudhkunda Khola Hydroelectric Project in Solukhumbu under the BOOT model.
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