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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.   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 bui...