Kathmandu, Jan 2
Butwal Power Company Limited has sold 74 percent of its shares in Kabeli Energy Limited to Infraco Limited of Singapore.
BPC has sold its majority shares of Kabeli Energy before the construction of 37.4 Megawatt Kabeli ‘A’ hydropower project. Now BPC’s stake in the company is limited to 26 percent.
Though the project was scheduled to be completed by 2015, even civil work has not started so far.
Butwal Power Company Limited has sold 74 percent of its shares in Kabeli Energy Limited to Infraco Limited of Singapore.
BPC has sold its majority shares of Kabeli Energy before the construction of 37.4 Megawatt Kabeli ‘A’ hydropower project. Now BPC’s stake in the company is limited to 26 percent.
Though the project was scheduled to be completed by 2015, even civil work has not started so far.
