NRN Infrastructure and Development Limited has made an in-principle decision to invest in three different project companies. The decision was approved during a meeting of the company’s Board of Directors held on Ashwin 27, 2083. The investment will cover two hydroelectric projects and a manufacturing company.
Under this decision, the company will invest in the 63 MW Chhujung Khola Hydropower Project operated by Shangri-La Energy Limited, as well as the 70 MW Dudhkoshi-2 Hydropower Project located in Solukhumbu district, operated by Dudhkoshi Hydropower Nepal Limited. Additionally, the company will invest in Annapurna Rathi Cables Industries Limited, an industrial firm located in the Morang district.
Summary Table of Planned Investments:
63 MW Chhujung Khola Hydropower Project
(Operated: Shangri-La Energy Limited)
70 MW Dudhkoshi-2 Hydropower Project
(Located in Solukhumbu; Operated: Dudhkoshi Hydropower Nepal Ltd.)
Annapurna Rathi Cables Industries Limited
(Nine Crore Ninety Seven Lakh Fifty Thousand Rupees)
