Butwal Power purchases 9.85 lakh unit shares of Manang Marshyangdi Hydropower Company; Marshyangdi Hydropower project will be producing 282 MW

Tue, Jun 25, 2019 2:02 PM on Latest, Stock Market,

Butwal Power Company (BPCL) has purchased shares held by Rajratna Energy Holdings and Marshyangdi Power Company at Manang Marshyangdi Hydropower Company holding 282 MW Marshyangdi Hydropower Project located at Manang. BPCL has bought a total of 9,85,960 unit shares.

The given project has already obtained electricity production permit and is in the process of getting power purchase agreement. The Chinese Construction partners of this project are SCIG international Limited, Xingcheng International Investment Co. Limited, QYEC International Co. Limited adn SCIG International Nepal Hydro Joint Development P. Ltd.