Business News - Page 4
Barahi Hydropower: Small Capital, Big Vision for Nepal’s Energy Sector.
Barahi Hydropower Public Limited (BHPL) is pivoting from its stable 1.5 MW Theule Khola Project toward a more ambitious 3.45 MW expansion. While the company leverages six years of operational expertise, its recent Q2 report shows a 32.5% dip in net profit due to rising amortization costs, despite steady electricity sales.
ICRA Nepal Update: Positive Rating Upgrade for Pashupati Renewables
ICRA Nepal maintains Maruti Cements' BBB rating with a negative outlook, while upgrading Pashupati Renewables to BB, reflecting improved creditworthiness.
