Super Khudi Hydropower Limited has appointed Global IME Capital Limited as the manager for handling the issuance and sale of its IPO shares. The hydropower project plans to issue 6,975,000 ordinary shares to the general public at a face value of Rs 100.
The signing agreement was carried out by Mr. Rabi Kumar Gautam, Senior Project Manager representing Super Khudi Hydropower, and Mr. Mandip Luitel, CEO representing Global IME Capital.
Super Khudi Hydropower possesses an authorized capital of 1,075 million rupees and an issued capital of 1,055 million rupees. The Super Khudi hydropower project, located in Ward No-2 of Marsyangadi Rural Municipality in Lamjung District, is presently under construction. Upon completion, it is projected to generate 26 megawatts of electricity utilizing the resources of the Khudi River.
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About Upper Khudi Hydropower Limited
The Upper Khudi Hydropower Project is a run of river type project. It is a high head project with 4.69 m3/s design discharge, 531.86 m gross head and 26 MW installed capacity. It generates 129.19 GWh energy annually. It is located at the upstream of existing Khudi Hydropower Project (4.0 MW) in Marsyangdi Rural Municipality of Lamjung district.
The project area lies at about 14 km from Besisahar, the district headquarter of Lamjung, and 188 km from Kathmandu. Geographically the project area lies within 84018’32”E / 84019’26”E to 84020’44”E and 28018’22”N to 28021’19”N/ 28021’50”N. The project is owned by Super Khudi Hydropower Pvt. Ltd.
