Kathmandu, Nov. 28 -- Bhujung Hydropower has obtained approval from the Securities Board of Nepal (SEBON) to issue an Initial Public Offering (IPO). The approval was granted on Thursday.

The company plans to issue 2 million shares, equivalent to Rs 20 million, representing 20 percent of its paid-up capital. Bhujung Hydropower has a total paid-up capital of Rs 1 billion.

Published by HT Digital Content Services with permission from Republica....