KATHMANDU, Feb 18: Phedikhola Hydropower Company Limited is seeking to issue an Initial Public Offering (IPO). According to insiders, the company is submitting a proposal for the IPO issuance in its upcoming general meeting.
The company is set to hold a general meeting on March 5. The general meeting will decide to pass a proposal to seek approval from the Electricity Regulatory Commission for the purchase and sale of shares.
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The company has stated that the general meeting will discuss the progress of project construction, the costs incurred so far, and the approval of the costs.
