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Pure Energy Limited IPO approved by SEBON

Pure Energy Limited IPO approved by SEBON

Pure Energy Limited IPO approved by Securities and Exchange Board of Nepal (SEBON). The Pure Energy Limited (PEL) is going to issue 16,00,009 equity shares at a par value of NPR 100 each. 


Pure Energy Limited IPO approved by SEBON

Nebil Investment Banking Limited is an issue manager of this IPO.

The CARE rating Nepal Limited provides the “CARE-NP BB+” rating for the Pure Energy Limited which means moderate risk of financial obligation.

Headworks and Intake Structure Weir

Project Name

Pure Energy Part I & Part II

Project Capacity

10MW +10 MW

Location

Raniyapur, Banke

District

Banke

Solar module type

Canadian Solar CS7N-650MB-AG 1500V

Land

~22 bhigas

 

Pure Energy was established on June 19, 2018. It is invested by the Golyan group and REnergo Developers Pvt. Ltd. The company has built 20 MW grid-connected solar photovoltaic (PV) project in the Banke district, Nepal. Both solar project are currently operating now.

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