Bhujung Hydropower Limited Opens IPO for Project-Affected Locals and Foreign Nepalese Immigrants From Today
Summary
Bhujung Hydropower Limited has opened its IPO for project-affected locals of Lamjung District and Nepalese citizens working abroad, offering shares of its Upper Midim Hydropower Project.
Key Points
- Bhujung Hydropower Limited has opened an IPO for 1,000,000 units of shares to project-affected locals of Lamjung District starting from 3rd Poush, 2082.
- An additional 100,000 units of shares are allocated for Nepalese citizens working abroad, with a separate application timeline.
- The company’s issued capital is Rs. 1 Arba with 20% (2,000,000 units) reserved for public issuance.
- Bhujung Hydropower Limited is developing the 7.5 MW Upper Midim Hydropower Project in Kwhlosothar Rural Municipality, Lampung district, Nepal.
