New hydropower

Representatives of NMB Bank attend Syndicated Loan Agreement (SLA) signing ceremony. Photo courtesy: NMB Bank

NMB Bank Limited has executed financial closure of the 13.5MW Super Kabeli Khola A Hydropower Project and the 12MW Super Kabeli Khola Cascade Hydropower Project in Taplejung. Agreements for both projects were signed with lead financing from NMB Bank and Rastriya Banijya Bank. Nepal Electricity Authority (NEA) has also signed Power Purchase Agreements (PPA) with both companies. Super Kabeli Khola A and Super Kabeli Khola Cascade will be financed with Rs1.89 billion and Rs1.67 billion loans respectively.

  • Most read