Buddhabhumi Nepal Hydropower Company Limited has decided to invest in two hydropower projects with a total capacity of 64 Megawatts to acquire a 51 percent share ownership.
Buddhabhumi Nepal Hydropower Company Limited is planning to acquire majority shares in two hydro projects. The company decided to buy 51 percent ownership in these projects, which have a combined capacity of 64 Megawatts.
Board Decision Details
The board of directors meeting of the company was held on Shrawan 5 at 3:00 PM. During this meeting, board of directors decided to invest in Upper Neshyam Hydropower Project and Upper Neshyam A Hydropower Project. Both of these projects are currently owned by Sindhujwala Hydropower Limited.
Project Capacities and Share Ownership
Among the two projects, Upper Neshyam Hydropower Project has a capacity of 43 Megawatts. Similarly, Upper Neshyam A Hydropower Project has a capacity of 21 Megawatts. Buddhabhumi Nepal Hydropower will invest in both projects so that they can keep exactly 51 percent share ownership in them.
Click here to view the official notice of the decision.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
