Panchakanya Mai Hydro convenes AGM for two previous fiscal years; appoints two more members to the board

Wed, Jun 5, 2019 5:41 AM on AGM/Special AGM, Latest,

Panchakanya Mai Hydropower has convened its Annual General Meeting on Jestha 20, 2076 under the leadership of its chairman Mr. Prem Bahadur Shrestha. The AGM has endorsed the financial reports of the two previous fiscal years and has appointed auditor for the current fiscal year.

The hydro developer has already completed 12 MW Upper Mai C hydro project in Illam district and 6.1 MW Mathillo Mai C hydro project thereby adding the produced electricity to the national power grid of NEA.

The AGM has also elected Mr. Udip Shrestha to the board of the company from the promoters’ group and Mr. Tika Ram Niraula from the public shareholder group.