NEPAL > 5 hydropower companies in pipeline to issue IPO

On April 29, 2016 by admin

Initial Public Offerings of a string of public limited companies are in the pipeline. There are five hydropower companies in pipeline to issue IPO. Arun Kabeli Power Company Limited (AKPL) is proposing to...

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NEPAL > MCC to Explore Investments in Power and Transportation Sectors in Nepal

On March 6, 2016 by admin

Nepal and the US government have held talks regarding investment opportunities in energy and transportation sectors in Nepal. Regional Deputy Vice-president for Compact Operations of the US government’s Millennium Challenge Corporation, Fatema Sumar,...

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NEPAL > Malaysian giant acquires 80 per cent stake in Ncell for 1.36 billion US dollars

On December 22, 2015 by admin

In the biggest ever corporate deal in Nepal’s history, Malaysia-based Axiata has agreed to acquire 80 per cent stake in Ncell, the country’s largest private cell phone service provider, for $1.365 billion (Rs...

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NEPAL > Nepal approves $ 140 mn proposal by Chinese cement firm

On December 21, 2015 by admin

Nepal has approved a USD 140 million investment proposal by a Chinese company to set up a cement plant in the country, the second largest FDI proposal in the sector from China to...

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NEPAL > InvestBank Acquires Equity Stake In Asian (Nepali) Hydroelectric Projects

On September 1, 2015 by admin

LAS VEGAS, Sept. 1, 2015 /PRNewswire/ — InvestBank Corp., the global investment bank headquartered in the United States of America, has acquired a 70% equity stake in the 440 MW Tila-1 hydroelectric project...

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NEPAL > Belgian Company – BIO – enters Nepalese hydropower market

On August 6, 2015 by admin

Belgian Investment Company for Developing Countries (BIO) has entered into Nepalese hydropower. It is going to invest US $ 20 million in the 82 MW lower Solu hydropower (one of the super six...

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