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 Conclusion21st Falgun 2069(4th April 2013)
IEE Approval7th Chaitra 2069
Generation License2nd Asoj 2071
Financial Closure20th Falgun 2071 (NMB Bank as Lead Bank) (4th March 2015)
Commercial Production date12th Chaitra 2074 (26th March 2015)

Location

Development RegionEastern
Zone & DistrictSagarmatha, Okaldhunga

General

Name of RiverMolung Khola
Nearest TownRampur Bazaar
Type of SchemeR‐o‐R
Gross Head114 m
Net rated Head104.83 m
Installed Capacity7,000 kW
Average Annual Energy after Outage35.729 GW

Hydrology

Catchment Area195 sq. Kilometer
Mean Annual Discharge15.53 m3/sec
Design Discharge8.15 m3/sec
Riparian Release0.268 m3/sec
Design Flood Discharge1800 m3/sec (100 Yr. flood)
Average Annual Discharge1763 mm

Headrace Pipe

TypeMS Steel
Diameter (Internal)1.9 m
Length2140 m

Turbine (Andritz Hydro)

TypeFrancis
Number2
Rated Output Capacity per Unit3500 kW
Efficiency93.22%

Governor

TypeElectronic with PID control
Adjustment for speed DropBetween 0 to 5 %

Generator

TypeHorizontal Shaft AC Synchronous
Number of Unit2
Rated output capacity per unit3500 kW
Power Factor0.85
Voltage6.3 kV
Frequency50 Hz
Excitation systemBrushless
Efficiency95.5 %

Transformer

TypeThree Phase
Number of Unit1
Rated capacity per unit8.6 MVA
Voltage Ratio6.3 kV/33 kV

Transmission Line

Voltage Level33kV
Length10 KM (P/S to Okhaldhunga S/S)

How To Check The Result Of Molung Hydropower IPO

Capital Structure at present

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

Proposed Capital Structured after IPO

Paid-up CapitalRs. 80,25,00,000.00
Issued CapitalRs. 80,25,00,000.00
Authorized CapitalRs. 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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