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Upcoming IPO - Green Venture Limited (Hydropower)

Upcoming IPO News

Green Venture Limited (Hydropower)

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Green Ventures Ltd. is a hydropower company currently developing the Likhu-IV Hydroelectric Project. The project is planned as a run-of-river scheme with an installed capacity of 52.4 MW.

The power generated from the plant will be evacuated through an approximately 19 Km long 220 kV Single Circuit Transmission line at New Khimti Substation, Kirnetar Ramechhap. Likhu-IV Hydroelectric Project is located on the boundary of Okhaldhunga and Ramechhap districts.

Green Ventures Ltd. is planning to issue an IPO for 62,50,000 shares. Laxmi Capital Markets Ltd. is appointed the issue manager for the IPO. The application was submitted on Falgun 28.

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