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June 6: Four commercial banks are financing Upper Sanigad Hydropower project, to be constructed in Bajhang district. The hydropower project is promoted by Bungal Power Company. The 10.7MW project is getting Rs 1.815 billion consortium loan from four commercial banks led by Civil Bank.
A memorandum of understanding (MoU) was signed by the promoter company and the lead investor bank on June 4. Gobinda Gurung, CEO of Civil Bank and Umesh Shrestha of Bungal Hydro signed the MoU.
Apart from Civil Bank, Nepal Investment Bank, Prabhu Bank and Laxmi Bank will be investing in the project. The four BFIs will invest 75 per cent i.e. Rs 1.36 billion of Rs 1.81 billion total expected investment of the project.
The project targets to generate electricity by September 15, 2019 and connect the electricity to Chamelia by constructing its own transmission line.
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'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
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'password' => '*****',
'id' => '16',
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'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
'name' => '',
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'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
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'ArticleView' => array(
(int) 0 => array(
'article_id' => '6010',
'hit' => '1953'
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$current_user = null
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$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '6010',
'article_category_id' => '1',
'title' => '4 Commercial Banks Pledge Consortium Loan to Upper Sanigad Hydropower',
'sub_title' => '',
'summary' => 'June 6: Four commercial banks are financing Upper Sanigad Hydropower project, to be constructed in Bajhang district. The hydropower project is promoted by Bungal Power Company. The 10.7MW project is getting Rs 1.815 billion consortium loan from four commercial banks led by Civil Bank.',
'content' => '<p>June 6: Four commercial banks are financing Upper Sanigad Hydropower project, to be constructed in Bajhang district. The hydropower project is promoted by Bungal Power Company. The 10.7MW project is getting Rs 1.815 billion consortium loan from four commercial banks led by Civil Bank.</p>
<p>A memorandum of understanding (MoU) was signed by the promoter company and the lead investor bank on June 4. Gobinda Gurung, CEO of Civil Bank and Umesh Shrestha of Bungal Hydro signed the MoU.</p>
<p>Apart from Civil Bank, Nepal Investment Bank, Prabhu Bank and Laxmi Bank will be investing in the project. The four BFIs will invest 75 per cent i.e. Rs 1.36 billion of Rs 1.81 billion total expected investment of the project.</p>
<p>The project targets to generate electricity by September 15, 2019 and connect the electricity to Chamelia by constructing its own transmission line.</p>
<p> </p>
',
'published' => true,
'created' => '2017-06-06',
'modified' => '2017-06-06',
'keywords' => '',
'description' => '',
'sortorder' => '5795',
'image' => '20170606014842_upper sanigadh.jpg',
'article_date' => '2017-06-06 00:00:00',
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'sortorder' => '158',
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'homepage' => true,
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'created' => '0000-00-00 00:00:00',
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'ArticleFeature' => array(),
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(int) 0 => array(
[maximum depth reached]
)
),
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),
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'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '6010',
'article_category_id' => '1',
'title' => '4 Commercial Banks Pledge Consortium Loan to Upper Sanigad Hydropower',
'sub_title' => '',
'summary' => 'June 6: Four commercial banks are financing Upper Sanigad Hydropower project, to be constructed in Bajhang district. The hydropower project is promoted by Bungal Power Company. The 10.7MW project is getting Rs 1.815 billion consortium loan from four commercial banks led by Civil Bank.',
'content' => '<p>June 6: Four commercial banks are financing Upper Sanigad Hydropower project, to be constructed in Bajhang district. The hydropower project is promoted by Bungal Power Company. The 10.7MW project is getting Rs 1.815 billion consortium loan from four commercial banks led by Civil Bank.</p>
<p>A memorandum of understanding (MoU) was signed by the promoter company and the lead investor bank on June 4. Gobinda Gurung, CEO of Civil Bank and Umesh Shrestha of Bungal Hydro signed the MoU.</p>
<p>Apart from Civil Bank, Nepal Investment Bank, Prabhu Bank and Laxmi Bank will be investing in the project. The four BFIs will invest 75 per cent i.e. Rs 1.36 billion of Rs 1.81 billion total expected investment of the project.</p>
<p>The project targets to generate electricity by September 15, 2019 and connect the electricity to Chamelia by constructing its own transmission line.</p>
<p> </p>
',
'published' => true,
'created' => '2017-06-06',
'modified' => '2017-06-06',
'keywords' => '',
'description' => '',
'sortorder' => '5795',
'image' => '20170606014842_upper sanigadh.jpg',
'article_date' => '2017-06-06 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '16'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
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'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '16',
'user_detail_id' => '0',
'group_id' => '1',
'username' => 'anmaharjan@newbusinessage.com',
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'email' => 'anmaharjan@newbusinessage.com',
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'created' => '2016-04-04 17:02:17',
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'ip' => '202.63.242.112'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '6010',
'hit' => '1953'
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'Slider' => array()
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$current_user = null
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$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
