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'summary' => 'October 12: Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11. “Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.',
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<p><strong>Norwegian investor exiting Butwal Power Company</strong></p>
<p>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
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<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
<p>Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.</p>
<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
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<p>“Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.</p>
<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
<p>Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.</p>
<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
<p>Currently, Nepal government, United Mission to Nepal and general public have 9.19, 1.9 and 12.13 percent shares of BPC, respectively.</p>
<p> </p>
<p><strong>Norwegian investor exiting Butwal Power Company</strong></p>
<p>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
<p>“Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.</p>
<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
<p>Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.</p>
<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
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<p><strong>Norwegian investor exiting Butwal Power Company</strong></p>
<p>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
<p>“Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.</p>
<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
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<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
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<p>“Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.</p>
<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
<p>Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.</p>
<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
<p>Currently, Nepal government, United Mission to Nepal and general public have 9.19, 1.9 and 12.13 percent shares of BPC, respectively.</p>
<p> </p>
<p><strong>Norwegian investor exiting Butwal Power Company</strong></p>
<p>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
<p>“Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.</p>
<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
<p>Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.</p>
<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
<p>Currently, Nepal government, United Mission to Nepal and general public have 9.19, 1.9 and 12.13 percent shares of BPC, respectively.</p>
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<p>“Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.</p>
<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
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<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
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<p><strong>Norwegian investor exiting Butwal Power Company</strong></p>
<p>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
<p>“Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.</p>
<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
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<p><strong>Norwegian investor exiting Butwal Power Company</strong></p>
<p>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
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<p><strong>Norwegian investor exiting Butwal Power Company</strong></p>
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<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
<p>Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.</p>
<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
<p>Currently, Nepal government, United Mission to Nepal and general public have 9.19, 1.9 and 12.13 percent shares of BPC, respectively.</p>
<p> </p>
<p><strong>Norwegian investor exiting Butwal Power Company</strong></p>
<p>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
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<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
<p>Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.</p>
<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
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October 12:Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.
“Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.
Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.
Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC.
Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.
IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.
Currently, Nepal government, United Mission to Nepal and general public have 9.19, 1.9 and 12.13 percent shares of BPC, respectively.
Norwegian investor exiting Butwal Power Company
Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.
“Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.
Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.
Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC.
Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.
IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.
Currently, Nepal government, United Mission to Nepal and general public have 9.19, 1.9 and 12.13 percent shares of BPC, respectively.
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<p><strong>Norwegian investor exiting Butwal Power Company</strong></p>
<p>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
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'content' => '<p>October 12:<strong> </strong>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
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<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
<p>Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.</p>
<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
<p>Currently, Nepal government, United Mission to Nepal and general public have 9.19, 1.9 and 12.13 percent shares of BPC, respectively.</p>
<p> </p>
<p><strong>Norwegian investor exiting Butwal Power Company</strong></p>
<p>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
<p>“Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.</p>
<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
<p>Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.</p>
<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
<p>Currently, Nepal government, United Mission to Nepal and general public have 9.19, 1.9 and 12.13 percent shares of BPC, respectively.</p>
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<p><strong>Norwegian investor exiting Butwal Power Company</strong></p>
<p>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
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<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
<p>Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.</p>
<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
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<p><strong>Norwegian investor exiting Butwal Power Company</strong></p>
<p>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
<p>“Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.</p>
<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
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<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
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'content' => '<p>October 12:<strong> </strong>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
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<p><strong>Norwegian investor exiting Butwal Power Company</strong></p>
<p>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
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'content' => '<p>October 12:<strong> </strong>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
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<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
<p>Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.</p>
<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
<p>Currently, Nepal government, United Mission to Nepal and general public have 9.19, 1.9 and 12.13 percent shares of BPC, respectively.</p>
<p> </p>
<p><strong>Norwegian investor exiting Butwal Power Company</strong></p>
<p>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
<p>“Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.</p>
<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
<p>Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.</p>
<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
<p>Currently, Nepal government, United Mission to Nepal and general public have 9.19, 1.9 and 12.13 percent shares of BPC, respectively.</p>
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'title' => 'Norwegian investor exiting Butwal Power Company',
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'summary' => 'October 12: Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11. “Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.',
'content' => '<p>October 12:<strong> </strong>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
<p>“Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.</p>
<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
<p>Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.</p>
<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
<p>Currently, Nepal government, United Mission to Nepal and general public have 9.19, 1.9 and 12.13 percent shares of BPC, respectively.</p>
<p> </p>
<p><strong>Norwegian investor exiting Butwal Power Company</strong></p>
<p>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
<p>“Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.</p>
<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
<p>Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.</p>
<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
<p>Currently, Nepal government, United Mission to Nepal and general public have 9.19, 1.9 and 12.13 percent shares of BPC, respectively.</p>
<p> </p>
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'title' => 'Norwegian investor exiting Butwal Power Company',
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'summary' => 'October 12: Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11. “Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.',
'content' => '<p>October 12:<strong> </strong>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
<p>“Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.</p>
<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
<p>Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.</p>
<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
<p>Currently, Nepal government, United Mission to Nepal and general public have 9.19, 1.9 and 12.13 percent shares of BPC, respectively.</p>
<p> </p>
<p><strong>Norwegian investor exiting Butwal Power Company</strong></p>
<p>Interkraft Nepal (IKN) of Norway which owns around 6.11 percent of shares in Butwal Power Company (BPC) is going to sell its shares. Preparing to exit BPC, the Norwegian company, through Nepal Stock Exchange, sold 4.15 percent of its BPOC shares on October 11.</p>
<p>“Nepse made the transaction as a letter came from the Ministry of Industry for the selling of the shares,” said a Nepse official. At rate of Rs 4 per share, more than 695,000 units of shares were transacted.</p>
<p>Now IKN owns only 327,000 units of shares in BPC. But, according to a source, IKN requested Nepse to sell off all its shares in BPC a few days ago.</p>
<p>Shangrila Energy Limited which has bought IKN’s shares now owns 73 percent of BPC shares. Sources said the company will also buy the remaining shares of IKN, thereby acquiring 76 percent share ownership in BPC. </p>
<p>Shangrila has an investment from Panchakanya Group, Jyoti Group, Mercantile and other companiesy.</p>
<p>IKN also owns 46.90 percent shares of Nepal Hydro and Electric Limited, a subsidiary of BPC.</p>
<p>Currently, Nepal government, United Mission to Nepal and general public have 9.19, 1.9 and 12.13 percent shares of BPC, respectively.</p>
<p> </p>
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