Kathmandu, Sept 22. Right Issue Management Agreement was signed today between KhaniKhola Hydropower Company Limited and Citizens Capital Limited a program held at Dhumbarahi, Kathmandu. The agreement was signed by Mr. Bharat Lamichhane Thapa, CEO of KhaniKhola Hydropower Company Limited and Mr. Sabir Bade Shrestha of Citizens Capital Limited.
As per the agreement, Citizens Capital Limited (Subsidiary of Citizens Bank International Limited) will manage the Right Share Issue of KhaniKhola Hydropower Company Limited for its shareholders in near future.
KhaniKhola Hydropower Limited has developed its projectsTungun-Thosne and KhaniKhola Hydropower. Projects commercial operation started from Mangshir, 2073 and their capacities are 4.36 MW and 2 MW respectively. Projects are located in Lalitpur district.