Bhairab Kunda Hydropower To Issue IPO

February 8: Bhairab Kunda Hydropower is issuing 3 million general shares (IPO) to the public. , "As a company seeking to issue IPO needs to complete one year of registration, the company will issue the IPO in next fiscal year," said Surendra Bhandari, Chairman of the company. The company with paid-up capital of Rs 650 million has invested Rs 750 million till date.

As per Bhandari, the hydropower project that was affected by landslide, devastating earhquake and aftershocks has resumed its operations after renovation.