Union Hydropower Limited to issue initial public offering (IPO) shares to the locals of Lamjung district from 14 Shrawn 2075. IPO issue will be close on 28 Shrawan 2075.
Interested people can apply minimum 50 units & maximum 3000 units at the rate of Rs.100. Applicants can collection application form from designated collection centre.
The hydropower company will be issuing 7,50,000 units of shares for local people of project affected areas. It is 10% mandatory issue for locals of project affected areas of Lamjung district.
Laxmi Capital Markets Limited has been appointed as issue manager.
It has been developing 3.3 MW Midim Khola Project. Further it has also received approval for construction of 23 MW Mewa Khola Project.
