Api Power Acquires Divya Jyoti Hydropower and Marsyangdi Besi Project

Api Power Company Limited (API) has officially acquired Divya Jyoti Hydropower Pvt. Ltd. Along with this acquisition, the 50 MW Marsyangdi Besi Hydropower Project, promoted by Divya Jyoti Hydropower, has also come under the ownership of Api Power.

According to the company, after evaluating the financial and technical aspects of Divya Jyoti Hydropower and holding discussions, it was deemed suitable for the construction and operation of the project, leading to the decision to acquire the company.

With this, Api Power will purchase all the shares of Divya Jyoti Hydropower, bringing the company’s management entirely under its ownership and operation.