Darchula Power Appoints Muktinath Capital as Issue and Sales Manager for Public Share Offering
Summary
Darchula Power Pvt. Ltd. has appointed Muktinath Capital Limited as the issue and sales manager to offer 3 million ordinary shares to the public, supporting its 28.3 MW hydropower project development in Darchula.
Key Points
- Darchula Power Pvt. Ltd. appointed Muktinath Capital Limited as issue and sales manager for its public share offering.
- The company is offering 3,000,000 ordinary shares at Rs. 100 each, representing 20% equity to the general public.
- Darchula Power is developing the 28.304 MW Chamelia Run-of-River Hydropower Project in Marma Rural Municipality, Darchula.
- The project is promoted and funded primarily by API Power Company Limited and aims to connect to the National Grid within 18 months.
