Puwakhola–One Hydropower Limited to Issue IPO

Puwakhola–One Hydropower Limited (PKHL) has appointed L.S. Capital (Laxmi Sunrise) Capital Limited as the issue and sales manager for the issuance of the IPO.The hydropower company has appointed L.S. Capital to manage the issuance and sale of 19,46,660 units of shares at a face value of NPR 100 per share for the general public.

The agreement was signed by the Managing Director of Puwakhola–One Hydropower, and Bijay Lal Shrestha, the Chief Executive Officer of L.S. Capital, on behalf of their respective companies. Puwakhola–One Hydropower Limited operates a 4-megawatt hydroelectric project located in Ilam district.