Palung and Daram Khola Ipo Hydro Energy Issuing

The developer of Palung and Daram Khola Ipo Hydro’s 21 MW hydropower project in Taplejung district has chosen Prabhu Capital to manage the issuance of 19 lakh shares to project-affected individuals, Nepalese migrant workers, and the general public. A program was held during which the Executive Chairman of Palung Khola Hydro, Mr. Pushpa Jyoti Dhungana, and the Managing Director of Prabhu Capital, Mr. Dinesh Thakali, signed the agreement. Taplejung district is building the hydropower project at Mikhuwa gaupalika. This is a project of the Run of River type.

The developer of a 9.6 MW hydropower project in Baglung has chosen Laxmi Capital Market to issue 39.50 lakh shares to individuals affected by the project and the general public. During a program, Dharam Khola Hydro Energy’s chairman, Mr. Nar Bahadur Poon, and Laxmi Capital Market’s CEO, Mr. Rajiv Sapkota, signed the agreement. A media statement reported that 80% of the hydropower project’s construction has been completed.