KATHMANDU, Feb 18: Phedikhola Hydropower Company Limited is seeking to issue an Initial Public Offering (IPO). According to insiders, the company is submitting a proposal for the IPO issuance in its upcoming general meeting.
The company is set to hold a general meeting on March 5. The general meeting will decide to pass a proposal to seek approval from the Electricity Regulatory Commission for the purchase and sale of shares.
The company has stated that the general meeting will discuss the progress of project construction, the costs incurred so far, and the approval of the costs.