Kathmandu. M. A Power Private Limited has raised financial resources for the 90 MW Marsyangdi River Semi-Reservoir Hydropower Project.
Kumari Bank Limited has signed an investment agreement for the project to be constructed on marsyangdi river flowing through Palungtar municipality of Gorkha district, Rainas municipality of Lamjung district and Bhanu municipality of Tanahun district.
Investment agreement m. A. Power Pvt. Ltd. The agreement was signed in the presence of Anup Acharya, Chairman of Kumari Bank Limited and Kshitij Khadka, Chief Business Officer of Kumari Bank Limited. Kumari Bank Limited, Prabhu Bank Limited, Siddhartha Bank Limited, Krishi Bikas Bank Limited, Sanima Bank Limited, Employees Provident Fund, Garima Bikas Bank Limited, Lumbini Bikas Bank Limited and Shangri-La Development Bank Limited have been invested in this project. There will be a joint investment of Rs 15.18 billion.
