Citizens Capital Appointed as Issue Manager for Himalayan Energy’s IPO

Citizens Capital Limited has been appointed as a issue manager for Himalayan Energy IPO. Two company signed an agreement in Kathmandu appointing Citizens Capital as the issue manager for Himalayan Energy’s public share issuance. The company is planning to issue 20% of its paid-up capital (10 lakh shares) to the public. Himalayan Energy is developing the 3 MW Kalinchowk Hydropower Project. Project site is located in Dolakha. Himalayan Energy Public Limited Himalayan Energy Public Limited is a sister organization of Rising Hydropower Company Ltd.