Nar Khola Hydro Energy Pvt. Ltd. has finalized financial arrangements for the 61-MW Nar Khola Hydropower Project, with Singati Hydro Ltd. serving as the lead investor. Chairman Batu Lamichhane and Kumari Bank Chief Regional Loan Officer Arpan Pokhrel signed the financial management agreement on Monday. The project’s total cost is Rs 12.84 billion, with Rs 9.63 billion provided as consortium loans led by Kumari Bank. The Manang-based project aims to produce 366.48 GWh annually and is scheduled for completion within three years.
