Latest · Monday, 16 November 2026

Draft ordinance ties hydropower IPOs to 50 percent construction progress, Post reports

The government is preparing an ordinance that would let hydropower firms sell shares to the public only after half their project is built, The Kathmandu Post reported on Sunday. Bagmati cut about Rs 6 billion from budgets for flood rebuilding, and hydropower firms posted quarterly results.

• A draft ordinance would let hydropower companies apply for an IPO once at least 50 percent of certified physical work is done, The Kathmandu Post reported. The government is still preparing it.
• Bagmati province has cut about Rs 6 billion from ministry budgets this year for flood reconstruction, Kantipur reported.
• Rasuwagadhi Hydropower lost Rs 415.7 million in the first quarter, and its loans stand at about Rs 17.43 billion, Clickmandu reported.