Marsyangdi Besi Hydropower Project Achieves 25% Physical Progress; Plans to Issue IPO in Future
Summary
The Marsyangdi Besi Hydropower Project in Lamjung has reached 25% physical progress with construction underway, and plans to issue an IPO soon.
Key Points
- The Marsyangdi Besi Hydropower Project has achieved about 25% physical progress.
- Construction is ongoing in civil, hydro-mechanical, and electro-mechanical works across multiple locations.
- The project has secured Rs. 7.50 billion in syndicated loans out of an estimated Rs. 11.30 billion total cost.
- An Initial Public Offering (IPO) is being prepared for project-affected locals and the public.
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