The company is planning to issue 1,627,750 units of shares worth Rs 162.7 million to locals of affected area and the general public.
The company has appointed NIC Asia Capital as its issue manager.
The company is developing 7.7 MW Upper Peluwa in Siddhakali, Sankhuwasabha and 4.72 MW Upper Peluwa Khola 2 Small Hydropower.