Ankhu Khola Hydropower to invest Rs 1 billion in 70 MW Dudhkoshi-2 Project
Summary
Ankhu Khola Hydropower Company Limited has approved an in-principle investment of up to Rs 1 billion in the 70 MW Dudhkoshi-2 (Jaleswar) Hydroelectric Project. The company also plans to issue right shares in a 1:1 ratio to raise funds for the investment.
Key Points
- Ankhu Khola Hydropower Company Limited will invest up to Rs 1 billion in the 70 MW Dudhkoshi-2 (Jaleswar) Hydroelectric Project.
- The board approved the investment in principle and disclosed the decision to stakeholders and the public.
- The company plans to issue right shares at a 1:1 ratio to finance the project and will seek approval from the Electricity Regulatory Commission.
- The project is being developed by Dudhkoshi Hydropower Private Limited.
