Kabeli Energy Company Limited Opens Founder Shares, Special Provision for Project-Affected Areas

Kabeli Energy Company Limited has officially opened founder shares worth NPR 1.05 billion. The announcement was made on Friday during a press conference organized in Phungling Bazaar, where the company briefed media representatives about the founder share issuance.

According to the company, beneficiaries from the project-affected districts—Taplejung and Panchthar—will be able to invest a minimum of NPR 10,000 in founder shares. For investors from other districts, the minimum investment amount has been set at NPR 100,000. The company stated that the share issuance will close once the required capital target of NPR 1.05 billion is fully collected.

Kabeli Energy clarified that the lower minimum investment requirement for Taplejung and Panchthar residents has been introduced to ensure that people directly affected by the project can participate in share ownership with ease.

The company aims to generate 62.60 MW of electricity, connect it to the national transmission line, repay bank loans from the project revenues, and distribute dividends to its shareholders in the coming years.

The under-construction project is expected to be completed within the next 15 months. Meanwhile, the 25 MW Kabeli B–1 Hydropower Project located in Yangwarak Rural Municipality–6, Pipley, Panchthar, has already been producing electricity since Kartik 23, 2076, and is connected to the national grid through the Amarapur substation.

As part of expansion plans, Kabeli Energy Company and Butwal Power Company Limited are jointly constructing the 37.60 MW Kabeli A Hydropower Project on the Kabeli River. The founder shares being issued now are intended for this very project, the company added.