Tuesday, May 22, 2018

IPO Analysis of Rairang Hydropower Development Company Ltd.



Company Overview:

Registered as a private limited company in 2nd Baisakh 2059 and then transformed into a public company in 20th Baisakh 2071, Rairang hydropower has its registered office in Kathmandu-11, Thapathali. This company has the hydropower centre in Panchthar district of Mechi zone.




The company has 500 KW Rairang Hydropower Project, 9900 KW Ewakhola hydropower project under its umbrella. The company took a loan of 104 crores for the construction of Ewakhola project, on Falgun 2071.


The main purpose of the initial public issue (IPO) is to manage the fund for the 9.9 MW Ewakhola project.


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