Kathmandu. Balefi Hydropower has decided to issue 100 percent right shares. A meeting of the company’s board of directors held on Tuesday decided to issue right shares in the ratio of 1:1 of the current paid-up capital.
At present, the paid-up capital of the company stands at Rs 3.65 billion. According to the company, the decision of the board of directors to issue the same rights shares will now be submitted to the next general meeting.
According to the company, the money raised from this right share will be invested in Surke Dudhkoshi Hydropower Project. This hydropower project is 188 MW.
According to the company, the detailed project details of the project have been studied and it is suitable for investment.
