Balephi Hydropower to Issue 1:1 Right Share | To Invest in 188 MW Surke Dudhkoshi Hydropower Project
August 6, 2025 | Investopaper
Balephi Hydropower Limited (BHL) is planning to sell right shares to the shareholders.
The company has decided to issue right shares in the ratio 1:1. This means that shareholders’ with 100 shares can apply for the additional 100 right shares.
The company plans to invest in 188 MW Surke Dudhkoshi Hydropower Project from the proceeds received through right offering.
As of Ashad’s end 2082 BS, Balephi Hydropower Limited has a paid-up capital of Rs. 365.59 crores. Hence, BHL has plans to float 3,65,59,400 shares in the right offering. At a par value of Rs 100, the right issue amounts to Rs 365.59 crores.
After the pre-approval from ERC, the company needs endorsement from the general meeting (AGM/SGM). Then the company has to appoint the issue and sales manager for the right offering. After that, it should submit the application to the Securities Board Of Nepal (SEBON) seeking permission to float the shares. Only after the approval from the regulatory body SEBON, the company can sell shares to the public.
After the right issue, the paid-up capital will reach Rs. 731.18 crores.
The company is currently operating a 36 MW Upper Balephi ‘A’ Hydropower Project in Sindhupalchowk district.
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