• Ntc
  • Ncell
  • Samsung
  • Apple
  • Xiaomi
  • 2G to 5G
  • ISP
  • NTA
  • Tariffs
  • About us
Wednesday, July 2, 2025
NepaliTelecom
  • Home
  • Telecom News
    • News
    • NTA
    • Ntc
    • Ncell
    • Smart Cell
    • Digital Nepal
  • Gadgets
  • How To
  • Editors’ Pick
  • Contact
  • About
No Result
View All Result
  • Home
  • Telecom News
    • News
    • NTA
    • Ntc
    • Ncell
    • Smart Cell
    • Digital Nepal
  • Gadgets
  • How To
  • Editors’ Pick
  • Contact
  • About
No Result
View All Result
NepaliTelecom
No Result
View All Result

NEA Prepared to Issue Rs 60 Billion IPO With Premium Shares

Dinesh by Dinesh
February 16, 2025
in Digital Nepal, News
Reading Time: 3 mins read
NEA

Nepal Electricity Authority (NEA) is in preparation to issue a mammoth Rs 60 billion Initial Public Offering (IPO) at Rs 300 per share. The government company has again received a “Double A Plus” (AA+) credit rating, third in a row.

A “Double A Plus” rating signifies a company’s ability to fulfill its financial obligations and liabilities in time. It means that engaging in financial activities with companies with the said rating carries a minimal risk of loan repayment.

NEA has already submitted a proposal to the Finance Ministry to initiate the issuance of the company’s shares to the general public in compliance with the Nepal Electricity Authority Act, 1984, after completing its third financial restructuring.

Also read: NEA launches a mobile app for meter reading, payment, and complaints

NEA will issue a record Rs 60 billion IPO | Per share to cost Rs 300

NEA is preparing for a Rs 60 billion (60 arab) IPO. The company’s paid capital stands at Rs 300 billion (3 kharab). At the same time, it has proposed to raise 10% of resources from the public including premium shares. It’s one of the largest IPO issuances to date in Nepal.

According to the authority, it’s proposing the book value of its shares at around Rs 125 and adding the same amount of premium to issue the shares.

NEA Managing Director Kulman Ghising said that the authority got a strong rating which shows its financial capacity among the public enterprises. “The company’s financial health has shown to be good with the rating,” he said.

“The replacement of electricity imports in the upcoming winter months to meet internal demand is happening quickly and at the same time the increase in electricity exports, internal electricity consumption, and the success achieved in controlling the leakage of the system will increase the profit of the organization,” he added.

Check out: Nepal Telecom to provide 1.5 lakh eSIM to NEA for Smart Meters

Rating and PPAs will likely draw IPO interests

The authority is entering into a long-term power purchase agreement (PPA) with hydropower projects constructed by domestic and foreign investors. The result of the credit rating shows that there is less investment risk as the authority possesses a high financial capacity to pay for such projects. Likewise, the strong credit rating and the PPAs’ status will heighten the public’s interest in its IPO.

The authority has widened its operational activities and has struck a long-term power purchase agreement (PPA) with hydropower projects constructed by domestic and foreign investors. Ghising claimed no investment risk as it has a high level of financial capacity to pay for such projects.

Do check: How to pay NEA electricity bill online?

Positive signs

Over recent years, NEA has turned into a profiting enterprise leaving behind times of its dismal financial state. The company is now exporting electricity to India worth billions of rupees. There are also discussions positive discussions for transactions of power with Bangladesh. The authority will invest the resources obtained from the IPO in transmission lines and other energy infrastructures.

NEA has also actively worked on electric vehicle charging stations. Collaborating with the Asian Development Bank, the authority has established 62 charging stations across Nepal so far. Additionally, it has also started its only data center to date in Kathmandu.

The authority projected a profit of Rs 12 billion 33 crores in 2079/80. Ghising said that it has earned a total of Rs 82 billion in profit since his tenure began in 2073 BS. Its total worth now stands at Rs 6.32 billion, according to its long-serving MD Ghishing.

How do you see Kulman Ghising-led NEA performing an IPO? Will it prove to be a major object of investment for you? Do leave your opinion in the comment section below.

Follow us on Facebook, Twitter, and Viber to get the latest news, and information about Nepal Telecom, Ncell, Smart Cell, ISPs, mobile apps, and phones in Nepal.

Latest Posts

  • Ncell to distribute 971 range mobile numbers
  • Xiaomi 14T price dropped in Nepal | Find major specs
  • Samsung launches its most affordable earbuds “Galaxy Buds Core” in Nepal
  • Khalti-IME Pay integrated operation from Shrawan 1, NRB gives its final nod
  • Government to provide voice alerts on flood, weather updates
  • SEE Result 2081 is published: How to check online? Ntc, apps, SMS
  • Nepal Telecom to implement ‘leaky feeder’ in Nagdhunga-Naubise tunnel
Comments
Previous Post

Redmi Note 13 Pro 5G Launched | SD 7s Gen 2 | Price, and Specs

Next Post

Ncell Brings Dashain Offer: Up To 8000 MB Bonus Data on Recharge

Dinesh

Dinesh

An experienced tech writer covering news mostly on telecommunication, internet, latest tech & trends, and Gadgets. Being a technophile, I am particularly fascinated by the evolution of mobile networks in Nepal from legacy networks (2G, 3G) to 4G (with VoLTE, VoWiFi, eSIM) and the prospects of the upcoming 5G, and equally enthralled by the development of internet from the dial-up connection to the 2 Gbps XGS-PON fiber broadband technology and their transformative impact in the country.

Related Posts

Digital Nepal

Khalti-IME Pay integrated operation from Shrawan 1, NRB gives its final nod

June 30, 2025
Pathao Saver Pack
Digital Nepal

Pathao launches Saver Pack with special discount, find details

June 19, 2025
eSewa Hotel booking
Digital Nepal

eSewa adds hotel booking service, how to book without prepayment?

June 6, 2025
Load More

You may also read

Check SEE result grade marksheet

SEE Result 2081 is published: How to check online? Ntc, apps, SMS

June 27, 2025
Nepal Telecom Ntc SEE student SIM offer

Nepal Telecom Brings SEE offer | Free resource and bonus [2025]

March 27, 2025
Ntc FTTH

Nepal Telecom Fiber Internet: Price, Speed, Offer, Packs [2025]

April 16, 2025

Nepal out of Ookla mobile broadband speed index

June 26, 2025
Ntc Namaste Wifi service with 4G LTE router

Namaste Wifi | Ntc’s Wireless Broadband with 4G Router [2025]

January 29, 2025
Nepal Telecom leaky feeder Nagdhunga-Naubise tunnel

Nepal Telecom to implement ‘leaky feeder’ in Nagdhunga-Naubise tunnel

June 27, 2025
NepaliTelecom

Nepalitelecom.com is a website/blog which provides information regarding telecommunication in Nepal along with Gadgets and has been doing some research for the telecom market in Nepal. We intend to do more of such survey/research in the Nepalese Telecom sector.

SiteMap

📢 Follow us on Viber to get the latest news, and information about Nepal Telecom, Ncell, ISPs, mobile apps, and phones in Nepal.

Popular Categories

Ntc | Ncell | Telco News | ISP | NTA | Gadgets

Recent Posts

  • Ncell to distribute 971 range mobile numbers
  • Xiaomi 14T price dropped in Nepal | Find major specs
  • Samsung launches its most affordable earbuds “Galaxy Buds Core” in Nepal

© 2025 Nepalitelecom

No Result
View All Result
  • Home
  • Telco News
  • Gadgets Nepal
  • Nepal Telecom
  • Ncell
  • Digital Nepal
  • How To
  • Editors’ Pick

© 2025 Nepalitelecom