IPO News

Upper Solu Hydro Electric Company has submitted an application to SEBON to issue an IPO.

The IPO will be issued in two phases; first to the locals and then to the general public. The hydropower company submitted its application to SEBON on Chaitra 16 this year.

A total of 33,07,500 shares will be issued. NMB Capital is the issue manager for the IPO. The regulatory board SEBON is yet to give its comments on the hydropower company’s application.

Vacancy

Test vacancy post

Job Description: test

Nepal’s first career portal with an approach of creating a meeting point for the employers and the job seekers where each aims at meeting their individual requirements) invites application from the competent, committed, self-motivated, and enthusiastic Nepalese candidates in the capacity of Marketing Field Executive for Bikeshowrom (Male).

Position: Marketing Field Executive (Male)

Salary: 18K+

Location: Balaju

Qualification, skills, and experience:

  • Bachelor’s degree in a related field
  • Minimum a year of experience in the same field.
  • Must have good communication skills
  • Fluency in English/Nepali with writing skills
  • Attending and maintaining relations with existing as well as new clients
  • Research and analyze  new trends of marketing and executing an effective marketing strategy for the company  
  • Should have knowledge about the bike and motor parts
  • Able to handle marketing department independently

Note: Having a driving license and personal vehicle is a must.

publication1

Publication 1

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Press Release 1

Press Release

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COMPANY EXECUTIVES

news 2

Hydropower or water power (from Greek: ὕδωρ, “water”) is power derived from the energy of falling or fast-running water, which may be harnessed for useful purposes. Since ancient times, hydropower from many kinds of watermills has been used number of times as a renewable energy source for irrigation and the operation of different mechanical devices, such as gristmills, sawmills, textile mills, trip hammers, dock cranes, domestic lifts, and ore mills. A trompe, which produces compressed air from falling water, is sometimes used to power other machinery at a distance.

In the late 19th century, hydropower became a source for generating electricity. Crags ide in Northumberland was the first house powered by hydroelectricity in 1878 and the first commercial hydroelectric power plant was built at Niagara Falls in 1879. In 1881, street lamps in the city of Niagara Falls were powered by hydropower.

Since the early 20th century, the term has been used almost exclusively in conjunction with the modern development of hydroelectric power. International institutions such as the World Bank view hydropower as a means for economic development without adding substantial amounts of carbon to the atmosphere, but dams can have significant negative social and environmental impacts.