Bumper news for Sanvi’s IPO, commercial production begins from second project even before share trading

Bajarko Chirfar
Bajarko Chirfar
2082 Shrawan 2
Bumper news for Sanvi’s IPO, commercial production begins from second project even before share trading

Shares to begin trading on the secondary market from Saun 4

Sanvi Energy Limited has commenced commercial electricity production from its second project, Jogmai Cascade Hydropower Plant with a capacity of 5.2 megawatts. According to the company, commercial generation started on Asar 11 through the Nepal Electricity Authority.

The company’s shares will begin trading on the secondary market from Saun 4 (Sunday). Sanvi Energy has listed a total of 8.8 million shares—including founder and public shares—on the secondary market as of Saun 1. Nepal Stock Exchange (NEPSE) has set the price range for the first day of trading between Rs. 120.74 and Rs. 362.22 per share.

Previously, Sanvi Energy began commercial production from its first project, the Jogmai Khola Small Hydropower Plant in Ilam, with a capacity of 7.6 megawatts, starting from Baisakh 18, 2074 B.S.

The company announced that after completing all necessary tests, the Jogmai Cascade project has now been successfully commissioned and is operational.


This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.


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