Kathmandu. NMB Bank Agriculture Development Bank and Bajra Energy Ventures Pvt. Ltd. Ltd. Meanwhile, financial arrangements have been made to invest in bajra Madi Hydropower Project located in Madi Rural Municipality of Kaski district with a capacity of 24.8 MW. NMB Bank Ltd. There will be a leading bank. The 24.8 MW Bajra Madi Hydropower Project is estimated to cost around Rs. It has been informed that rs 5.35 billion will be invested while the loan investment of banks and financial institutions will be Rs. It will be Rs 3.74 billion.
NMB Bank has invested in more than 50 hydropower projects so far.
Similarly, Vision Lumbini Energy Company Limited has invested from the same group. The 25 MW Seti River Hydropower Project promoted in Annapurna Rural Municipality and Pokhara Metropolitan City of Kaski district. It was informed that the commercial production started from 12 noon on October 27, 2081 BS. Employees Provident Fund led by NMB Bank and Agricultural Development Bank have invested in the project.
Nmb Bank has formulated an environmental and social policy as per the directives of The Nepal Rastra Bank (NRB) on Environmental and Social Risk Management, 2022 and has implemented environment and social management system in accordance with it.
