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Govt clears plan to issue Rs 13 billion shares to NRNs, Migrant Nepalis in Upper Arun Hydro

KATHMANDU: Nepal Electricity Authority (NEA) has proposed issuing nearly Rs 12.95 billion worth of shares to Non-Resident Nepalis (NRNs) and Nepalis working abroad as part of the equity structure for the 1,063-megawatt Upper Arun Semi-Reservoir Hydropower Project in Sankhuwasabha — one of Nepal’s largest strategic energy projects aimed at...

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