Good News for Nepal’s Hydropower Sector: Panchakanya Mai Hydropower Limited Restores Power After Flood Damage Great news for Nepal’s energy sector! Panchakanya Mai Hydropower Limited has announced the successful resumption of power generation from both of its hydropower projects in Ilam district. This follows a temporary disruption caused by severe floods and landslides resulting from […]
Sanjen Jalavidhyut Company Limited (SJCL) Announces Lock-in Period Expiration for Local Residents’ Shares Exciting news for SJCL investors! Sanjen Jalavidhyut Company Limited has officially announced the expiration date of the lock-in period for shares held by local residents in the project-affected area. This significant event, governed by the Securities Board of Nepal (SEBON) guidelines, opens
Barun Hydro Power Hakprad Share Auction Results to be Announced Soon! Are you eager to know the outcome of the auction for the undistributed rights shares of Barun Hydro Power Company Limited? The wait is almost over! The company has announced that the bid opening for the hakprad shares will take place this Tuesday. Specifically,
Everest Bank Share Price Adjusted by Nepal Stock Exchange (NEPSE) After Bonus Share Announcement The Nepal Stock Exchange (NEPSE) has adjusted the share price of Everest Bank Limited following the announcement of its dividend distribution and the closing of its book for the Annual General Meeting (AGM). This adjustment affects investors looking at the stock
Hydropower Project Suspended After Heavy Rainfall Causes Damage Heavy rainfall has forced Joshi Hydropower Development Company (JOSHI) Limited to temporarily halt electricity generation at its Upper Puwa-1 Hydropower Project. The 3 MW power plant has been impacted by floods, resulting in damage to several structures in the headworks area. The company reports that persistently high
Nepal Rastra Bank Removes Share Loan Ceiling, Boosting Stock Market Investment Great news for investors in Nepal! The Nepal Rastra Bank (NRB) has just announced a significant change in policy that’s set to shake up the Nepali stock market. The previous cap of Rs 2.5 billion on share loans issued to individuals has been lifted,
Prabhu Mahalaxmi Life Insurance Offers Founder Shares for Sale Prabhu Mahalaxmi Life Insurance Limited has announced the sale of its founder shares. The insurance company is offering 44,000 units of founder group shares to eligible buyers. According to the announcement, the shares being offered are owned by NRN Infrastructure and Development Limited. These shares are
Is the Nepalese Stock Market Poised for Growth? Stock Brokers Demand Implementation of Capital Market Reforms! The Stock Broker’s Association of Nepal (SBAN) is celebrating the recent report submitted by the Capital Market Reform Task Force and is strongly advocating for its immediate implementation. This task force, formed under the direction of Finance Minister Rameshwar
Nepal Stock Exchange (NEPSE) Suffers Second Consecutive Day of Decline After Dashain Holiday Kathmandu – The Nepal Stock Exchange (NEPSE) experienced a continued downturn, marking its second consecutive day of decline after the Dashain holiday. On Wednesday, the NEPSE index closed at 2559.59 points, a decrease of 45.36 points. The sensitive index, which measures the
Hydropower Plant Suspends Operations Due to Flood Damage Heavy rains and resulting flooding have forced a temporary shutdown of the Supermai Hydropower Project. The 7.8-megawatt hydropower plant, owned and operated by Supermai Hydropower Limited, has sustained damage due to recent extreme weather conditions in the Mai River region. Continuous rainfall, coupled with devastating flooding and
Hydropower Projects in Nepal Shut Down Due to Severe Flooding The Himal Dolakha Hydropower Company Ltd. has announced a complete shutdown of two of its key hydropower facilities in Nepal. The Mai Khola Small Hydropower Project (4.5 MW) and the Mai Small Cascade Hydropower Project (8 MW) have ceased operations due to significant damage caused
Hydropower Project Suspended After Heavy Rainfall and Landslides The Puwa 2 Hydropower Project (4.96 MW), operated by People’s Power Limited, has been temporarily shut down due to severe weather conditions. Recent heavy rainfall has led to floods and landslides, causing significant damage to the project’s headworks area. This disruption has forced the company to suspend
Khani Khola Hydropower Allots Rights Shares! The rights shares of Khani Khola Hydropower Company Limited have been allotted. The company conducted the issuance of rights shares from August 20th to September 21st. This rights issue, available to shareholders registered until July 11th, offered 4,657,143 rights shares at a price of Rs 100 per share, on
SY Panel Nepal IPO: Last Day to Apply for Locals! Today is the final day to apply for the initial public offering (IPO) of SY Panel Nepal Limited! The company began issuing shares to locals in project-affected areas on October 7th, and today marks the end of the application period. SY Panel received approval to
Stock Market Reopens After Dashain Holiday: What to Expect? Kathmandu – The stock market is set to reopen today after the Dashain holiday break. While the Dashain festivities concluded on Sunday, the government extended the holiday by two days due to floods and landslides, pushing back the reopening of share trading. There is widespread interest
