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Upper Tamakoshi hydro applies for Rs 5.18 billion IPO

Upper Tamakoshi hydro applies for Rs 5.18 billion IPO

Having completed almost 50 percent of the construction work, the Upper Tamakoshi Hydropower Project Limited (UTHPL) is now gearing up for an initial public offering (IPO). Worth Rs 5.18 billion, the IPO will be the country’s largest so far. The UTHPL last week formally applied to the Securities Board of Nepal (Sebon) for the IPO and has…
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