August 26, 2023

Investment Board of Nepal approves Foreign Direct Investment in Lalupate Hydropower Company

We are pleased to inform all our stakeholders that the Investment Board of Nepal (IBN) has greenlit a substantial Foreign Direct Investment (FDI) to the tune of Nrs. 36.37 billion across four hydropower projects including Dana Khola Hydropower Project (49.95 MW) led by Lalupate Hydropower Company Private Limited in its 55th meeting convened on 25th of August, 2023 chaired by the Prime Minister of Nepal, Mr. Puspa Kamal Dahal 'Prachanda'.