NRN Infrastructure and Development Company has decided to invest a total of Rs 1.29975 billion in two hydropower projects and an industrial venture in Morang. The company’s board of directors approved the investment, which covers the 70-megawatt Dudhkoshi-2 Hydropower Project, the 63-megawatt Chujung Khola Hydropower Project and Annapurna Rathi Cables Industries. No project-by-project breakdown of the planned investment was provided in the available information.
Investment spans energy and industry
The decision brings together investments in hydropower generation and cable manufacturing under a single company plan. The two energy projects have a combined stated capacity of 133 MW: Dudhkoshi-2 is rated at 70 MW and Chujung Khola at 63 MW. The third investment is in Annapurna Rathi Cables Industries, which is located in Morang.
The company’s stated total is Rs 1.29 billion, 97 lakh and 50 thousand, equivalent to Rs 1.29975 billion. The information available does not specify how that total will be divided among the three ventures, or whether the investment will be made in one instalment or over a longer period. It also does not set out the form of the investment in the cable industry.
Board decision covers two hydropower projects
The planned investment in Dudhkoshi-2 and Chujung Khola extends NRN Infrastructure’s investment activity into two projects with different generating capacities. Dudhkoshi-2 is the larger of the two at 70 MW, while Chujung Khola is rated at 63 MW. Together, their stated capacity amounts to 133 MW.
The available report does not provide further details about the projects’ development stages, construction schedules, financing arrangements or expected commissioning dates. It also does not give information about the locations beyond the project names. As a result, the board decision establishes the company’s intended investment targets and total amount, but does not detail the timing or implementation plan.
Morang cable industry included in plan
Alongside the hydropower investments, NRN Infrastructure has included Annapurna Rathi Cables Industries in Morang. The decision therefore covers an industrial venture as well as electricity generation projects. No information was provided about the cable industry’s production capacity, current operations, planned expansion or the specific purpose of NRN Infrastructure’s investment.
The company’s board approval is the key development reported so far. Further details on the allocation of funds, investment schedule and next steps for each of the three ventures were not included in the available information. The plan, as announced, commits Rs 1.29975 billion across the two hydropower projects and the Morang-based industry, while leaving the individual contributions and implementation timelines unspecified.
