Tehrathum Hydropower Company has begun issuing initial public offerings (IPOs) as of today.
Locals must apply for the IPO by August 3 and no later than August 18.
The Securities Board of Nepal (SEBON) has previously granted the business authorization to offer the IPO.
The issue manager is NIBL Ace Capital Ltd.
The hydroelectric firm, which is located near the district capital of Myanglung, has been producing electricity since March 1, according to Mohan Dangi, the company’s Managing Director.