NRN Infrastructure and Development to Invest in 21 MW Hydropower Project
Summary
NRN Infrastructure and Development Limited has decided to invest in the 21 MW Aayu Molung Khola Hydropower Project in Okhaldhunga. The company plans to buy promoter shares worth Rs. 10 crores, subject to regulatory approval.
Key Points
- NRN Infrastructure and Development Limited will invest in the 21 MW Aayu Molung Khola Hydropower Project.
- The planned investment is for 10 lakh promoter shares of Aayu Molung Hydropower Limited at Rs. 100 per share.
- The total proposed investment amounts to Rs. 10 crores.
- The decision was made in a board meeting and will proceed subject to regulatory procedures.
