Nabil Bank to lead the consortium loan for Upper Trishuli 3B; 3 institutions to provide Rs 5.76 arba for the project
Tue, Aug 21, 2018 11:30 AM on Latest, Stock Market,
Upper Trishuli 3B is set to receive the required finance from a consortium which is to be led by Nabil Bank. As per the agreement made yesterday, the project managed by Trishuli Hydropower Company will receive loan from Nabil Bank, HIDCL and Nepal Bank Limited.
The cost for the construction of the 37MW project is estimated to be Rs 8.22 arba. Out of which the consortium will provide 70% i.e. Rs 5.76 arba for the project.
Similarly, the project will have the ownership according to the ownership structure of Trishuli Hydropower Company which can be seen in the graph presented below:
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