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Rasuwagadhi Hydropower Completed at Rs. 18 Billion Still in Loss

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Nepse trading

Rasuwagadhi Hydropower Completed at Rs. 18 Billion Still in Loss

Rasuwagadhi Hydropower Company Limited has published its financial report for the second quarter of the current fiscal year. While the company continues to face financial losses, its 111 MW hydropower project has officially started commercial production.

Loss

  • The company reported a net loss of Rs. 30.18 million in the second quarter of this fiscal year.

  • Last year, for the same period, the company had a loss of Rs. 20.69 million.

Increased Operating Loss

  • The company recorded an operating loss of Rs. 3.64 million this quarter.

  • Last year, the operating loss for the same period was Rs. 1.73 million.

Negative Reserve Fund

  • Paid-up capital: Rs. 6.84 billion

  • Reserve fund: Negative Rs. 411.8 million

Negative EPS (Earnings Per Share)

  • The EPS stands at -Rs. 0.88 per share.

  • Last year, the EPS was -Rs. 0.60 per share.

Net Worth Per Share

  • The company's net worth per share is Rs. 93.98.

The Rasuwagadhi Hydropower Project officially started commercial electricity production on Poush 16. The company, a subsidiary of the Nepal Electricity Authority (NEA), has installed three turbines, each with a capacity of 33 MW, to generate electricity.

🔹 Location: Gosainkunda Rural Municipality-1 & 2, Tatopani, Rasuwa (near the Bhotekoshi River)
🔹 Total Project Cost: Rs. 18.69 billion
🔹 Annual Production: 613.87 million units of electricity
🔹 Projected Revenue: Rs. 3.25 billion per year

With the commencement of power generation, Rasuwagadhi Hydropower is expected to contribute significantly to Nepal’s energy supply. However, the company’s financial condition remains challenging for investors.

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