The 147th BOD meeting of Chilime Hydropower Co. Ltd. has decided to make a provision to distribute 35% cash dividend. CHCL has built Chilime Hydropower Plant at Rasuwa with the installed capacity of 22.1 MW; which is the first hydropower plant built mobilizing the national financial resources and technical skill. It has started its commercial generation since 2060-5-8 BS.
The Commission for the Investigation of Abuse of Authority (CIAA) has already directed Chilime Hydropower Company to issue its shares to the public within three months. It had allocated shares for its employees three years ago but the ordinary shares of the company are not yet issued.
Source:
Jamb News Service
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Thursday, December 11, 2008
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