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<p style="text-align:justify"><img alt="" src="/userfiles/images/hydro.JPG" style="height:710px; width:700px" /></p>
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<p style="text-align:justify"><img alt="" src="/userfiles/images/hydro.JPG" style="height:710px; width:700px" /></p>
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<p style="text-align:justify"><img alt="" src="/userfiles/images/hydro.JPG" style="height:710px; width:700px" /></p>
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November 22: The government has established Hydropower Production Company with an enough space for citizens to invest in the company. Ministry of Energy registered the company with Company Registrar Office on Sunday, November 20.
"The company will conduct study, construct, operate and manage the water reservoir type and big hydro projects," said Gokarna Raj Panth, Assistant Spokesperson of Energy Ministry. Secretaries of Ministry Of Energy, Finance, Law and Others will be the board members of the company till the company conducts its general meeting. The committee will soon publish vacancy for the appointment of Chief Executive Officer of the company.
"The company has just been established. Now the task related with appointment of members of board committee, executive, employees and office establishment has remained. It might come into operation within 2-3 months as budget for the company has already been allocated," he said.
After a decade of uncertainty about its establishment, the company has finally been established. The stress given by task plan of National Energy Crisis Alleviation along with 34 point task plan of Energy Minister Janardan Sharma has finally led to establishment of the company.
"The company will construct the project through subsidiary companies as holding company. It will consist of 71 per cent promoters and 29 per cent general shares," he added. The company will have authorised capital of Rs 20 billion and paid-up capital of Rs 2 billion.
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<p style="text-align:justify"><img alt="" src="/userfiles/images/hydro.JPG" style="height:710px; width:700px" /></p>
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<p style="text-align:justify">"The company has just been established. Now the task related with appointment of members of board committee, executive, employees and office establishment has remained. It might come into operation within 2-3 months as budget for the company has already been allocated," he said.</p>
<p style="text-align:justify"><img alt="" src="/userfiles/images/hydro.JPG" style="height:710px; width:700px" /></p>
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<p style="text-align:justify">"The company will construct the project through subsidiary companies as holding company. It will consist of 71 per cent promoters and 29 per cent general shares," he added. The company will have authorised capital of Rs 20 billion and paid-up capital of Rs 2 billion. </p>
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<p style="text-align:justify">"The company has just been established. Now the task related with appointment of members of board committee, executive, employees and office establishment has remained. It might come into operation within 2-3 months as budget for the company has already been allocated," he said.</p>
<p style="text-align:justify"><img alt="" src="/userfiles/images/hydro.JPG" style="height:710px; width:700px" /></p>
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<p style="text-align:justify">"The company will construct the project through subsidiary companies as holding company. It will consist of 71 per cent promoters and 29 per cent general shares," he added. The company will have authorised capital of Rs 20 billion and paid-up capital of Rs 2 billion. </p>
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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