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Axiata

Malaysian giant acquires 80 per cent stake in Ncell for 1.36 billion US dollars

On December 22, 2015 by admin

In the biggest ever corporate deal in Nepal’s history, Malaysia-based Axiata has agreed to acquire 80 per cent stake in Ncell, the country’s largest private cell phone service provider, for $1.365 billion (Rs...

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China-huaxin

Nepal approves $ 140 mn proposal by Chinese cement firm

On December 21, 2015 by admin

Nepal has approved a USD 140 million investment proposal by a Chinese company to set up a cement plant in the country, the second largest FDI proposal in the sector from China to...

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Investbank

InvestBank Acquires Equity Stake In Asian (Nepali) Hydroelectric Projects

On September 1, 2015 by admin

LAS VEGAS, Sept. 1, 2015 /PRNewswire/ — InvestBank Corp., the global investment bank headquartered in the United States of America, has acquired a 70% equity stake in the 440 MW Tila-1 hydroelectric project...

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bio_logo

Belgian Company – BIO – enters Nepalese hydropower market

On August 6, 2015 by admin

Belgian Investment Company for Developing Countries (BIO) has entered into Nepalese hydropower. It is going to invest US $ 20 million in the 82 MW lower Solu hydropower (one of the super six...

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Deloitte-PLC

U.S. Government & Deloitte to Supports Expansion of Nepal’s Hydropower

On July 14, 2015 by admin

The U.S. Embassy, through the U.S. Agency for International Development (USAID), today announced the launch of the Nepal Hydropower Development Project (NHDP). This five-year, $9.8 million project implemented by Deloitte Consulting LLP will...

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foreign-direct-investment-FDI

Energy sector attracts Rs54b in FDI pledges

On June 21, 2015 by admin

With some landmark agreements over the last few years, energy has become the most lucrative sector in Nepal for foreign direct investment (FDI). The signing of the Project Development Agreement (PDA) of two...

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