Synergy Power Obtains Approval to Issue Right Shares

Jan 30, 2023 11:12 AM Merolagani

Synergy Power Development (SPDL) has obtained right share approval from Electricity Regulatory Commission.

The commission approved the right issue on January 26.

Following the approval, the company will issue 2:1 right shares to its existing shareholders in the near future.

The company is issuing the right shares to promote 10 MW Sipring Khola Jalvidhyut Project in Dolakha District.

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