Laxmi Capital Markets Limited has signed an agreement with Himal Dolakha Hydropower Company Limited to manage issue of its initial public offering (IPO) of 78,00,000 units Ordinary Shares worth Rs 78 crore at Rs. 100 for local of project affected area and general public.
Mr. Rajiv Sapkota, Chief Executive Officer of Laxmi Capital Market Ltd. and Mr. Ananta Karki, Finance Manager of Himal Dolakha Hydropower Limited signed the agreement on Kartik 14, 2074.
Issuing a press statement, Himal Dolakha Hydropower Company said that it has been investing in many hydropower projects. The company has completed 4.5 MW Mai Khola Small Hydropower project located in Godak VDC of Rs 72,53,00,000 . It has almost completed 8 MW Mai Small Cascade Hydropower project at Illam Municipality of Rs 1,34,57,00,000 and will start its commercial production in a month. Both the projects cost around Rs 16 crore per MW.
Souece : Share Sansar