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Tehrathum Hydropower Company set to issue 1,200,000 units of IPO

KATHMANDU: Tehrathum Hydropower Company is set to issue 1,200,000 units of initial public offerings (IPO) following approval from the Securities Board of Nepal (SEBON).

NIBL Ace Capital Ltd has been appointed as the issue manager. The project has been generating electricity since March 1. However, the company is yet to fix the date for the issuance of the IPO.

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