Hydropower agreement

NMB Bank  has successfully inked the Financial Closure Agreement of Madame Khola Hydropower Project at Madi Rural Municipality in Kaski. The Financial Closure Agreement was signed with lead financing from NMB Bank and NIC Asia Bank, and with Prabhu Bank and Employees Provident Fund as consortium member banks and financial institutions. The total cost of the project stands at Rs4.8 billion, of which Rs3.32 billion has been managed by the consortium debt.