Nepal Breaking NewsNepal Stock ExchangeTehrathum Hydropower IPO coming out on July 20.

Tehrathum Hydropower IPO coming out on July 20.

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KATHMANDU: Tehrathum Hydropower Company is an initial public of 1,200, units (IPO).

On July 20, the company will issue 400,000 units of IPO for project-affected locals out of the IPO.

Locals must apply for the IPO by August 3 and no later than August 18.

The Securities of Nepal (SEBON) has already granted the company permission to issue the IPO.

The issue manager is NIBL Ace Capital Ltd.

The hydropower company, which is located near the district headquarters of Myanglung, has been producing electricity since March 1, according to Mohan Dangi, the company’s Managing Director.

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