Himalayan Power Partner published Q2 report; commercial operation on April 12, 2020

Mon, Feb 10, 2020 11:23 AM on Financial Analysis, Latest, Stock Market,
Himalayan...

Himalayan Power Partner Limited (HPPL) has published its financial report for the second quarter of the FY 2076/77.

Its share capital remains at Rs 1.06 arba. Its net worth per share stands at Rs 100. It has Rs 2.75 arba as Capital Work In Progress.

Since the company hasn't begun the operation yet, they have no income. They had planned a commercial operation date from August 31, 2019, but it may be delayed due to flood. This date has been postponed to April 12, 2020.

Himalayan Power Partner Limited is developing a 27 MW Dordi ROR hydropower project along the Dordi river in the Lamjung district. The electricity generated from this project shall be connected to the proposed Udipur Hub substation in Lamjung district; some 1.2 km away from the Dordi powerhouse.

Second Quarter Report