July 14, 2022 | Investopaper
The 28.1 megawatt Lower Likhu hydropower project, under-construction on the Likhu River, which flows through the border of Ramechhap and Okhaldhunga, is in the final stage and is about to start generating electricity. About 95 percent of the project has been completed.
Swetaganga Hydro Power and Construction Company is the promoter company that is developing the project. The company obtained the construction license of the project on Chaitra 28, 2072 BS.
The electricity generated from the project will be connected to the New Khimti substation of Nepal Electricity Authority at a distance of 23 kilometers.
The total estimated cost of the project is Rs. 6.37 billion. The per MW cost will amount to Rs. 22.66 crores.
Swetaganga Hydro Power and Construction Company is going to issue 23,89,500 shares to the general public from Shrawan 4, 2079 BS.