Himalayan Energy Appoints Citizens Capital as Issue Manager for Upcoming IPO

On Mangsir 1, 2082, Citizens Capital Limited and Himalayan Energy Ltd. signed an agreement in Kathmandu appointing Citizens Capital as the issue manager for Himalayan Energy’s planned public share issuance, under which the company will offer 20% of its paid-up capital—equivalent to 10 lakh shares—to the public. Himalayan Energy is currently developing the 3 MW Kalinchowk Hydropower Project in Dolakha and aims to complete it within the scheduled timeframe, while also planning long-term investments in additional energy and infrastructure projects to support sustainable energy development in Nepal.

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