Nepalis working overseas and local residents affected by the Menchiyam Hydropower project have different deadlines for applying for the company's initial public offering (IPO). Overseas Nepalis have until Falgun 25th to apply for the IPO, while the deadline for local residents has been extended to March 7th. However, if the company receives more applications than needed, it may close the IPO earlier than the stated deadlines. The Menchiyam Hydropower project aims to harness the power of the Seti River in western Nepal and generate electricity for the country's growing energy needs.
Published by NIC Asia Capital on 2079-11-25