Buddhabhumi Hydropower Rights Shares Issue Opens Soon
20th March 2026, Kathmandu
The Buddhabhumi Hydropower Rights Shares issuance is officially set to commence on Chaitra 22, 2082, offering a significant capital expansion opportunity for its current investors.
Buddhabhumi Hydropower Rights Shares
Buddhabhumi Hydropower Company Limited (BHCL) has received the final nod to issue 40,000,000 units of rights shares at a par value of NPR 100. This 1:1 ratio offering means that for every single share currently held, shareholders are entitled to purchase one additional share, effectively doubling the company’s paid-up capital from NPR 40 Crore to NPR 80 Crore.
Key Details of the Buddhabhumi Hydropower Rights Issue
The Buddhabhumi Hydropower Rights Shares are designed to strengthen the company’s internal equity and provide the necessary funding for debt restructuring or future project scaling.
Issue Ratio: 1:1 (100% Rights Issue)
Total Units: 4,000,000 (40 Lakh) units
Face Value: NPR 100 per share
Issue Manager: NIC Asia Capital Limited
Credit Rating: ICRA Nepal has assigned an [ICRANP-IR] BB rating, indicating a moderate risk regarding timely servicing of financial obligations.
Eligibility and Book Closure Date
To participate in the Buddhabhumi Hydropower Rights Shares offering, investors must have been recorded as shareholders in the company’s register prior to the book closure.
Book Closure Date: The company set the book closure for Magh 29, 2082.
Who Can Apply: Only those investors who purchased or held shares of BHCL until Magh 28, 2082, are eligible to apply for these rights.
Secondary Market Impact: Investors who buy shares after the book closure date will not be entitled to these specific rights shares.
Important Timeline for Investors
The window for the Buddhabhumi Hydropower Rights Shares application is strictly defined. Missing these dates will result in the forfeiture of your rights, which may then be sold via a public auction.
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Opening Date: Chaitra 22, 2082
Closing Date: Baisakh 13, 2083
Application Method: Eligible shareholders can apply through the Mero Share portal or software provided by CDSC, or by visiting designated branches of NIC Asia Bank and NIC Asia Capital.
Financial Health and Project Overview
The capital raised from the Buddhabhumi Hydropower Rights Shares is a strategic move for the company, which currently operates the 4.993 MW Tadi Khola Small Hydropower Project in Nuwakot.
Revenue Stream: The project is already operational and generating revenue by selling electricity to the Nepal Electricity Authority (NEA).
Capital Utilization: Doubling the capital to NPR 80 Crore allows the company to reduce its debt-to-equity ratio, which can lead to better profitability and potential future dividends.
Sector Performance: Hydropower remains a dominant force in the Nepal Stock Exchange (NEPSE), and rights issues are a common tool for companies to achieve financial de-leveraging.
Why Should Existing Shareholders Apply?
Taking up the Buddhabhumi Hydropower Rights Shares allows investors to maintain their proportional ownership in the company.
Avoid Dilution: If a shareholder does not apply, their percentage of ownership in the company will be halved once the new shares are issued.
Cost Advantage: Rights shares are always issued at the face value of NPR 100. If the market price of BHCL is significantly higher than NPR 100, applying for the rights provides an immediate “paper profit.”
Long-term Growth: As the company stabilizes its debt through this capital injection, the potential for consistent returns improves.
Conclusion
The Buddhabhumi Hydropower Rights Shares issuance starting Chaitra 22 is a pivotal moment for BHCL and its investors. By doubling its capital base, the company is positioning itself for a more stable financial future in Nepal’s competitive energy market. Eligible investors should ensure their Mero Share accounts are active and funds are ready to exercise their rights before the Baisakh deadline.
For More: Buddhabhumi Hydropower Rights Shares
