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NMB Bank initiates Consortium Loan to Gharkhola Hydropower

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NMB Bank initiates Consortium Loan to Gharkhola Hydropower
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April 11: NMB Bank along with another two BFIs are providing consortium loan to Gharkhola Hydropower project. The 14MW project is located at Sikh and Ghar VDC of Myagdi. The Gharkhola HEP is being financed by NIC Bank and Kailash Bikas Bank headed by NMB Bank. In the total cost of Rs 2.14 billion of the HEP, the banks will invest Rs 1.69 billion as the consortium loan. 

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