Bikash Hydropower Company Limited Gears Up for Transformative Hydropower Initiative

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BHCL Hydropower

BHCL Hydropower Gets SEBON’s Approval for NPR 445 Million IPO

BHCL Hydropower, a leading hydropower company in Nepal, has received approval from the Securities Board of Nepal (SEBON) to issue 4,454,596 shares to the public, raising NPR 445,459,600 in capital. This is a significant achievement for the company, which demonstrates its commitment to the hydropower sector and renewable energy solutions.

The company has appointed Prabhu Capital Ltd. as the issue manager, who will oversee the issuance process. The company plans to use the funds raised to develop its existing hydropower projects and pursue new opportunities in the sector.

The company is known for its dedication to harnessing Nepal’s water resources for clean energy, which aligns with the country’s goal of increasing its energy security and reducing its carbon footprint. Investors and stakeholders are advised to keep an eye on the company’s progress and potential in the hydropower sector.

You can also view all upcoming IPOs in Nepal.

Suggested: Everything you need to know about IPO in Nepal.
Published on: Jan 19, 2024

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