Hydroelectricity Investment and Development Company (HIDCL) recently listed its shares on the Nepal Stock Exchange (NEPSE).
The company sold 43 lakh 57 thousand 185 Right shares of the founder through an auction, which have been listed on NEPSE. The general public ca now buy and sell the shares in the secondary market, after they have been credited to the demat account of the shareholder.
HIDCL is a company that focuses on developing hydroelectricity projects in Nepal. Its listing on NEPSE means that investors can now purchase shares in the company and potentially benefit from its success.
Nepal is known for its vast hydroelectric potential. The government has identified hydropower as a key sector for growth and has been working to increase investment in the sector.