Kathmandu. NRN Infrastructure and Development is going to invest about Rs 1.30 billion in 3 companies.
The company plans to invest a total of Rs 1.29 billion in two hydropower projects and one company. The company has decided to invest 20 million units of shares worth Rs 200 million in the 63 MW Chujung Khola Hydropower Project promoted by Shangrila Energy and 10 million units of shares worth Rs 1 billion in the 70 MW Dudhkoshi-2 Hydropower Project in Solukhumbu district promoted by Dudhkoshi Hydropower Nepal.
Similarly, the company has decided to buy 2,85,000 units of shares worth Rs 9,97,50,000 in Annapurna Rathi Cables Industries.
