Kathmandu. Dordi Khola Hydropower Company has received prior approval from the Electricity Regulatory Commission to issue right shares.
The EC has sent a letter on April 29 informing it that it has given prior approval to the Dordi Khola Hydropower Project to issue right shares. The commission has approved the issue of 28.8 percent right shares at the ratio of 1:0.288 of the current paid-up capital.
The company has a paid-up capital of Rs 2.10 billion. Now, the company will start the process of issuing right shares worth Rs 60,82,54,992.63.
