BPC signs pact with developers of Upper Marshyandi-2 and Manang Marshayangdi Hydropower

May 07, 2018 Merolagani

Butwal Power Company (BPCL) is set to acquire Himtaal Hydropower Company, the developer of 600MW Upper Marshayangdi-2 Hydropower Project and Manang Marshayangdi Hydropower Company, the developer of 282 MW Manang Marshayangdi.

For that matter, Butwal Power has signed an agreement with Himtaal Hydropower on May 4 and with Manang Marshayangdi Hydropower on March, 2018. According to Butwal Power, it will own 19.4 percent shares of Himtaal Hydropower and the remaining shares will be owned by Chinese partnership companies.

Meanwhile, Butwal Power is planning to develop 282MW Manang Marshayandi Hydropower with Chinese partnership companies.


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Himalayan Distillery’s Net Profit Declines by 39.5%

May 03, 2024 08:49 AM

Himalayan Distillery (HDL) has published its third quarter report of the current FY. As per the report, the company recorded a decline in sales during the review period compared to the corresponding period of the last FY.