The board of directors meeting of the company held on February 19 decided to seek rights approval from the Electricity Regulatory Commission.
As per Decision No 1 of the meeting, the company is preparing to issue 1:1 right shares to repay loans taken from various banks and financial institution to construct Upper Hewakhola Small Hydropower Project (8.5 MW) and to invest in 15MW Sisuw Khola Jalvidhyut Project.