NMB Bank Limited has successfully executed Financial Closure of Kabeli 3 Hydroelectric Project having installed capacity of 21.93 MW. The project is located at Sirijangha Rural Municipality, Taplejung. The Financial Closure Agreement of project has been signed on 23rd May, 2022 with lead financing from NMB Bank Limited and Century Commercial Bank Limited as Member Bank. Nepal Electricity Authority (NEA) has already facilitated for the construction of project by signing Power Purchase Agreement (PPA) with the company. The total estimated cost of project stands at NPR 4,285 Million. Out of total estimated cost, NPR 3,213 Million shall be financed by Consortium Banks for the development of project. As NMB Bank…


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