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  White Lotus Power appoints Nepal SBI Merchant Banking for share issuance

White Lotus Power appoints Nepal SBI Merchant Banking for IPO management, focusing on local investors.

White Lotus Power Limited has appointed Nepal SBI Merchant Banking Limited as the issuance and sales manager for the issuance and sale of 12,00,000 units of ordinary shares affected by its public offering at a par value of Rs. 100 per share, representing 26% of its issued capital.

Concerning this agreement, Mr. Lekhnath Pokhrel, Chief Executive Officer, and Chief Executive Officer of Nepal SBI Merchant Banking Limited, and Mr. Suman Kumari Joshi, Executive Director of White Lotus Power Limited, have signed the agreement.

White Lotus Power Limited has been constructing the Hidikhola Hydropower Project in Bhulbule, Lamjung District, utilizing the water of the Hidi River, with a capacity of 6.82 megawatts.

[21 April, 2024 / makalukhabar.com ]   
 
 
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Link: The Official Portal of Goverment of Nepal Nepal Electricity Authority Nepal Alternative Energy Promotion Centre Nepal Telecom Nepal Department of Agriculture Nepal Department of Industry wow Nepal! Nepal Global Buying SIMONES Industries|Nepal Power Solution
  Nepal Goverment Nepal Electricity Authority Nepal Alternative Energy Promotion Centre Nepal Telecom Nepal Department of Agriculture Nepal Department of Industry wow-Nepal | Nepal Global Buying SIMONES Industries |Nepal Power Solution
 
Fair: Investment Summit Nepal Himalayan Hydro Expo Nepal Kathmandu China International Import Expo China Import and Export Fair China-South Asia Exposition Guangzhou Int’l Refrigeration, Air-Condition, Ventilation, Air-Improving Equipment Exhibition Guangzhou International Solar Photovoltaic Exhibition Asia Battery Sourcing Fair
  Investment Summit Nepal Himalayan Hydro Expo Nepal China International Import Expo China Import and Export Fair China-South Asia Exposition Int'l Refrigeration, Air-Condition Fair Int'l Solar Photovoltaic Exhibition Asia Battery Sourcing Fair
 
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