NRN Infrastructure Development to Invest Over Rs. 1.29 Arba in Three Companies
Summary
NRN Infrastructure and Development Limited has decided to invest more than Rs. 1.29 billion in three companies, including two hydropower projects and Annapurna Rathi Cables Industries Limited. The planned investments cover the 63 MW Chhujung Khola Hydropower Project, the 70 MW Dudhkoshi-2 Hydropower Project, and a manufacturing firm in Morang district.
Key Points
- NRN Infrastructure and Development Limited has made an in-principle decision to invest in three project companies.
- The investment includes the 63 MW Chhujung Khola Hydropower Project operated by Shangri-La Energy Limited.
- It also covers the 70 MW Dudhkoshi-2 Hydropower Project in Solukhumbu operated by Dudhkoshi Hydropower Nepal Limited.
- The third investment is in Annapurna Rathi Cables Industries Limited in Morang district.
