Kalinchowk Hydropower IPO Affected Area Expanded
10th March 2026, Kathmandu
Kalinchock Hydropower Limited has officially revised the list of project-affected areas eligible for its upcoming local share issuance. In a move designed to promote fair community participation, the company has incorporated Ward No. 3 of Kalinchock Rural Municipality into its list of project-affected zones. This administrative update follows the guidelines stipulated under the Companies Act 2063 and the Securities Registration and Issuance Regulations 2073, ensuring that residents residing within the immediate impact area of the hydropower project are afforded the opportunity to become stakeholders.
Kalinchowk Hydropower IPO
The total issued capital for Kalinchock Hydropower Limited stands at Rs 55 crore. In alignment with regulatory requirements for hydropower projects in Nepal, 10 percent of this capital—amounting to 550,000 units of shares with a face value of Rs 100 each—is reserved specifically for residents of project-affected areas. By expanding the eligibility criteria to include Kalinchock Rural Municipality Ward No. 3, the company is acting on findings from its Environmental Impact Assessment (EIA) report, which identified this specific area as experiencing direct project-related impacts.
The previously identified affected areas in Dolakha district, which remain eligible, include:
Bigu Rural Municipality, Ward No. 8
Kalinchock Rural Municipality, Ward No. 1
Kalinchock Rural Municipality, Ward No. 2
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The inclusion of Ward No. 3 ensures that the benefit-sharing mechanism mandated by the Securities Registration and Issuance Regulations 2073 is applied equitably. RBB Merchant Banking Limited, a subsidiary of Rastriya Banijya Bank Limited, continues to serve as the issue and sales manager for this offering. Their role is critical in managing the complex application process, ensuring regulatory compliance, and facilitating the distribution of shares to local investors in a transparent and efficient manner.
For the residents of these communities, the allocation of local shares is more than just a financial transaction; it represents a tangible stake in the nation’s energy infrastructure. These initiatives are designed to foster strong community relations, provide local residents with a pathway to wealth creation, and promote inclusive economic growth. By participating in the equity of the company, local residents transition from being bystanders to active partners in the hydropower development process.
Kalinchock Hydropower Limited, headquartered in Kathmandu, continues to align its operational practices with the broader goals of Nepal’s energy sector. As electricity demand across the country continues to rise, the development of reliable and sustainable hydropower projects remains a top priority. The company’s commitment to community engagement through this share allocation program is a standard practice that balances industrial development with local socioeconomic welfare.
Residents within the newly expanded affected area are encouraged to keep a close watch on future official notices regarding the share application schedule. These announcements will detail the specific procedures for applying for the local shares, the required documentation, and the application window. Prospective investors are advised to engage with RBB Merchant Banking Limited or official company disclosures to ensure they have the most accurate and up-to-date information regarding their eligibility and the application process.
In conclusion, the expansion of the project-affected area by Kalinchock Hydropower Limited is a significant step toward ensuring that those living in the immediate vicinity of the project can benefit from its financial success. This update aligns with best practices in the hydropower industry, ensuring that infrastructure development in Nepal creates meaningful value for local stakeholders while contributing to the country’s national energy grid.
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