Vision Energy and Power appoints NIBL Ace Capital as issue manager to float 65 lakh unit shares in IPO; shares to be floated for project affected and general public in a near future

Vision Energy and Power, developer of 57.5 MW Nupche Likhu Khola Hydropower in Ramechhap, has appointed NIBL Ace Capital as the issue manager for the issuance of 65 lakh unit shares to the project affected and the general public.

The agreement was signed between Mr. TN Acharya, Executive Chairman of the hydro developer, and Deputy CEO of the merchant banker Mr.    Sachindra Dhungana amid a program.

The company will float 32.5 lakh unit shares each to the project affected and the general public in an IPO process, as per the media statement.