Terhathum Power Company Limited to Invest in North Summit Hydro Project
Summary
Terhathum Power Company Limited will invest Rs. 1 crore by purchasing shares in the 21.4 MW Nyadi Phidi Hydropower Project being developed by North Summit Hydro Limited in Lamjung, set to begin commercial production by November 2027.
Key Points
- Terhathum Power Company Limited decided to invest Rs. 1 crore in North Summit Hydro Limited.
- The investment involves purchasing 100,000 shares at Rs. 100 each.
- The project is a 21.4 MW hydropower plant named Nyadi Phidi located in Lamjung.
- The hydropower project is expected to start electricity generation by November 2027.
