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Dordi Khola Jal Bidyut Company ltd IPO Result- Dordi Khola Hydropower IPO Result Date


Dordi Khola Jal Bidyut Company ltd IPO Result was announced on Ashad 8 at 9 AM. Dordi Khola Hydropower IPO Result Date is Ashad 8, 2079. According to Siddhartha Capital Limited, the allotment IPO of Dordi Khola Jal Bidyut Company Ltd (DORDI) is announced on Wednesday Ashad 8 at 9 AM. The IPO allotment event is announced at Siddhartha Capital Limited, Naxal, Kathmandu.

The Dordi Khola Jal Bidyut Company ltd was opened its IPO issue of 20,19,869 units of ordinary shares worth Rs 20.19 crore to the general public on Jestha 26, 2079, and closed on Jestha 31, 2079.

ICRA Nepal has reaffirmed an issuer rating of [ICRANP-IR] BB- (pronounced ICRA NP issuer rating double B minus) to Dordi Khola Jal Bidhyut Company Limited. Issuers with this rating are considered to have a moderate risk of default regarding timely servicing of financial obligations.

According to Siddhartha Capital Limited, 3 percent of the issuance, worth 65,865 shares, was given to company employees, while 5 percent, worth 1,09,775 shares, was distributed to mutual funds. The remaining 20,19,869 shares were allocated only to the general public.

According to the CDSC, a total of 15,64,522 applications for 1,79,33,070 units were received till the last day. As a result, the issuance was 8.87 times oversubscribed.

Dordi Khola Jal Bidhyut Company Limited’s issuer rating of [ICRANP-IR] BB- (called ICRA NP issuer rating double B negative) has been reaffirmed by ICRA Nepal. Issuers with this grade are thought to have a modest risk of default when it comes to meeting their financial obligations on time.

How to Check Dordi Khola Hydropower IPO Result

Dordi Khola Jal Bidyut Company ltd IPO Result
Dordi Khola Jal Bidyut Company ltd IPO Result

If you want to know how to Check Dordi Khola Hydropower IPO Result, then you will get the details process of the IPO Result check online. The investor can check directly from CDSC Mero share IPO result link [iporesult.cdsc.com.np]. You need to complete the below steps to check any IPO result from Mero share;

1. Go to the official website of the CDSC [iporesult.cdsc.com.np]

2. Select the company name as Dordi Khola Hydropower in the box.

3. Write Your BOID number and other details.

4. Enter the Captcha

5. Click on the ‘View Result’ button

You can see the Dordi Khola Jal Bidyut Company ltd IPO allotment result on your computer monitor or mobile phone screen.

How to check Dordi Khola Jal Bidyut Company ltd IPO allotment status on Siddhartha Capital Limited IPO Result

Siddhartha Capital IPO Result _feature

Are you looking for How to check Dordi Khola Jal Bidyut Company ltd IPO allotment status on Siddhartha Capital Limited IPO Result ? You can see the IPO result allotment on the official website of the  Siddhartha Capital Limited IPO Result page. You need to follow the steps suggested below;

  1. Go to Siddhartha Capital Limited IPO Result page
  2. Select Dordi Khola Jal Bidyut Company ltd
  3. Write your BOID number (16 digits only)
  4. Click on Check button
  5. You will see the Dordi Khola Jal Bidyut Company ltd IPO Result.

Dordi Khola Hydropower IPO

The issue manager for the Dordi Khola Hydropower IPO issuance has been named Siddhartha Capital Limited. A minimum of 10 units and a maximum of 17,00,000 units can be applied for.

The company has been given a double B minus issuer rating [ICRANP-IR] BB- by CRA Nepal Ltd. This grading indicates that a company’s risk of default in terms of timely payment of financial obligations is modest.

Dordi Khola Jal Bidyut company Ltd is a public company established under Nepal’s Companies Act 2063 on Falgun 14, 2066 (February 26, 2010) with the goal of developing and investing in hydropower projects.

It is currently developing and owning the Dordi-1 Hydroelectric Project in Lamjung District, with a capacity of 12 megawatts. Dordi Gaupalika-6, Lamjung, is the site of the project. Its registered office is in Tripureshor, Kathmandu -11, Bluestar Complex. LEDCO (Lamjung Electricity Development Company Limited) owns 84.95 percent of the business.

Dordi-1 Hydroelectric Project (12 MW)

Dordi-1 Hydroelectric Project is being developed by Dordi Khola Jal Bidyut Company Ltd (DKJBCL). The project is a Run of River type Hydropower project with generating capacity of 12 MW. According to the prevailing rules and regulations, the proponent has acquired Electricity Generation License from Ministry of Energy and concluded power purchase agreement with NEA for 10.3 MW. The rate of energy as agreed in PPA is Rs. 8.40 for dry season (Poush to Chaitra) & Rs. 4.80 for remaining month which is considered as wet season. The PPA rate increases by 3% each year upto 5 Year. According to interconnection agreement concluded with Nepal Electricity Authority the project has to evacuate the generated power to the proposed 132 kV substation at Kirtipur, Lamjung.

Salient Features of the Project

RiverDordi Khola​
LocationDordi Gaupalika-6, Lamjung
Catchment Area218 sq km
Design Discharge11.36 m3/sec (Q40%)
Gross Head132 meter
Installed Capacity12 MW
Length of Weir26 meter
Size of Settling Basin2 Chamber each of 65m x 8.50m x 3.124m
Particle Size to be Settled0.20 mm
Length of Tunnel2520 meter
Penstock PipeMS- Pipe surface & buried, Length 665m
Power House TypeSurface
Type of TurbineFrancis, 2 units
Generator TypeSynchronous Brushless, 2 units
Total Energy65.22 GWh
Annual Wet Energy55.03 GWh
Annual Dry Energy10.19 GWh
Transmission Line & Interconnection PointProposed 3.5 km, Kritipur 132 kV Substation
Required Commercial Operation Date8/16/2076

Key Achievement of Project

DateKey Achievement
61138Initial Environment Examination approved from Ministry of Energy.
61558Grid Connection was signed with NEA.
62013The Company acquired generation license from Department of Electricity Development/Ministry of Energy.
62658The Power Purchase Agreement (PPA) of 10.3 MW was concluded with Nepal Electricity Authority (NEA).
62929Professional Network for Engineering Services Private Limited (PNET) has been selected for providing Consulting service for Detailed Engineering Study.
63095Syndicated Loan Agreement was signed with Sanima Bank as lead Bank and Laxmi Bank, Agriculture Development Bank, Kailash Development Bank & Yeti Development Bank as member banks.
63297Dordi Khola Jal Bidyut Company has applied for the upgradation of its capacity to 12 MW by adding 1.7 MW to its previous capacity 10.3 MW at Ministry of Energy & NEA and for amendment of PPA for the increased installed capacity at NEA.
100% of land is already acquired for project till the date.
63568Approval for use & purchase of explosives received from Government of Nepal.
63769Contract Agreement signed with Mountain Infra Company Private Limited for Construction of Tunnel works.
63925Contract Agreement signed with Mountain Infra Company Private Limited for Construction of Civil works.
63968Contract Agreement signed with Mega Hydro & Engineering Private Limited for Design, Supply, Fabrication, Erection, Transportation, Testing and Commissioning of Hydro-mechanical Components.
Camping facilities work completed at site.
Access Road upto headworks & Powerhouse Completed.
Detailed Engineering.

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Updated: June 22, 2022 — 8:26 AM

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