Citizens Capital Appointed as Issue Manager for Himalayan Energy’s IPO

On Mangsir 1, 2082, Citizens Capital Limited and Himalayan Energy Ltd. signed an agreement in Kathmandu appointing Citizens Capital as the issue manager for Himalayan Energy’s public share issuance. The company plans to issue 20% of its paid-up capital (10 lakh shares) to the public.

Himalayan Energy is developing the 3 MW Kalinchowk Hydropower Project in Dolakha and aims to complete it on schedule. The company also has long-term plans to invest in other energy and infrastructure projects, contributing to sustainable energy development in Nepal.