Sanjen Hydropower Company Ltd allots its 36.50 lakh shares to project-affected locals of Rasuwa. On Kartik 29, 2079, Sanjen Hydropower Company finished allocating its 36.50 lakh unit shares. To Rasuwa district residents who were affected by the project. For 56.79 lakh unit shares that were allocated based on the severity of the impacted areas, 28,608 applicants submitted applications for the offer.
The most impacted category was Aamachodingmo Gaupalika-5. Where 823 candidates who filed for 520 units to 700 units received 510 units altogether. Compared to 1342 applicants who applied for at least 510 units. Aamachodingmo Gaupalika-4 candidates. Those who filed for at least 300 units obtained all 300 units, while 233 applicants sought 310 units. 450 units received 348 units, and 515 applicants who requested 460 units to 700 units received 360 units.
Low influenced category: 2,483 applicants from Aamachodingmo gaupalika-1,2,3 who applied for at least 150 shares received a total of 150 shares, while 413 applicants who applied for between 160 and 200 shares received 150 shares, 419 applicants who demanded between 160 and 200 shares received 165 shares, 100 applicants who demanded between 310 and 450 shares received 174 units, and 173 applicants who requested more received 180 units.
The least impacted category: According to a media statement, 11,489 applicants from the Rasuwa district who requested at least 100 unit shares received a total of 100 unit shares, while 5,666 applicants who requested between 110 and 200 unit shares received 100 unit shares, 2,207 applicants who requested between 210 and 300 unit shares received 116 unit shares, and 1,236 applicants who requested up to 700 unit shares received 120 units.
About the Sanjen Hydropower Company Ltd
Chilime Hydropower Company Limited (CHPCL), a company that promotes Sanjen Jalavidhyut Company Limited (SJCL), is a public limited company. Which was founded in 2010 AD with the aim of utilizing the county’s hydropower potential while maximizing local involvement in project ownership and mobilizing local resources for the effective implementation of different hydroelectric projects. The Company has planned to develop two hydroelectric projects, namely the Sanjen (Upper) Hydroelectric Project (14.8 MW) as well as Sanjen Hydroelectric Project (42.5 MW) in cascade, with its own equity and loan from financial institutions in Nepal as the first initiative, in light of the current annual growth in electricity demand in the nation.
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