Nepal, Jan. 13 -- The company has already completed the allotment of shares issued in the first phase to residents of the project-affected areas and Nepalis working abroad. In the second phase, applications have now been opened for the general public.

Applications have opened for the Initial Public Offering (IPO) of Solu Hydropower. The company began issuing its IPO to the general public starting Tuesday.The company has already completed the allotment of shares issued in the first phase to residents of the project-affected areas and Nepalis working abroad. In the second phase, applications have now been opened for the general public.

Out of the total issue, the company has reserved 500,000 shares for mutual funds and 300,000 shares for ...