• January 20, 2022
Check The Result Of Molung Hydropower IPO

Check The Result Of Molung Hydropower IPO

Molung Hydropower Company Ltd. issued 22,64,655 units of shares to the public. The company has appointed Sunrise Capital Ltd as an Issue manager for the IPO. Molung Hydropower Project of 7.00 MW capacity was the first hydropower project developed, operated, and managed by the ANAK Hydropower. The Molung Khola Hydropower Project is located in Okhaldhunga district, Sagarmatha Zone in the Eastern Development Region of Nepal. The Molung Khola hydropower project area spreads at Harkapur, Prapcha, and Baruneshwar VDCs of the Okhaldhunga district.

Previously, the hydro company issued 8,02,500 unit shares worth Rs. 8.02 crores to the project-affected locals and 272,850 unit shares to Nepalese citizens working abroad.

Molung Hydropower Company Ltd. was formed on 31st Baishakh 2067 (14 May 2010).

Molung Khola Hydropower Project

PPA Conclusion 21st Falgun 2069(4th April 2013)
IEE Approval 7th Chaitra 2069
Generation License 2nd Asoj 2071
Financial Closure 20th Falgun 2071 (NMB Bank as Lead Bank) (4th March 2015)
Commercial Production date 12th Chaitra 2074 (26th March 2015)

Location

Development Region Eastern
Zone & District Sagarmatha, Okaldhunga

General

Name of River Molung Khola
Nearest Town Rampur Bazaar
Type of Scheme R‐o‐R
Gross Head 114 m
Net rated Head 104.83 m
Installed Capacity 7,000 kW
Average Annual Energy after Outage 35.729 GW

Hydrology

Catchment Area 195 sq. Kilometer
Mean Annual Discharge 15.53 m3/sec
Design Discharge 8.15 m3/sec
Riparian Release 0.268 m3/sec
Design Flood Discharge 1800 m3/sec (100 Yr. flood)
Average Annual Discharge 1763 mm

Headrace Pipe

Type MS Steel
Diameter (Internal) 1.9 m
Length 2140 m

Turbine (Andritz Hydro)

Type Francis
Number 2
Rated Output Capacity per Unit 3500 kW
Efficiency 93.22%

Governor

Type Electronic with PID control
Adjustment for speed Drop Between 0 to 5 %

Generator

Type Horizontal Shaft AC Synchronous
Number of Unit 2
Rated output capacity per unit 3500 kW
Power Factor 0.85
Voltage 6.3 kV
Frequency 50 Hz
Excitation system Brushless
Efficiency 95.5 %

Transformer

Type Three Phase
Number of Unit 1
Rated capacity per unit 8.6 MVA
Voltage Ratio 6.3 kV/33 kV

Transmission Line

Voltage Level 33kV
Length 10 KM (P/S to Okhaldhunga S/S)

How To Check The Result Of Molung Hydropower IPO

Capital Structure at present

Paid-up Capital Rs. 44,94,00,000.00
Issued Capital Rs. 80,25,00,000.00
Authorized Capital Rs. 100,00,00,000.00

Proposed Capital Structured after IPO

Paid-up Capital Rs. 80,25,00,000.00
Issued Capital Rs. 80,25,00,000.00
Authorized Capital Rs. 100,00,00,000.00

 

There are multiple ways to check the result of Molung Hydropower IPO results

Method 1:

You can check the results of Molung Hydropower Company IPO from the CDSC IPO result website:

CDSC IPO Portal

Method 2:

You can also check the result of the Molung Hydropower Company IPO from the MeroShare website or mobile app.

MeroShare

Method 3:

In this option, you can check the result of the IPO from NMB Capital Limited.

 

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