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<p>NEA has proposed to maintain the book value of its shares at around Rs 125 and add the same amount of premium to issue shares. Therefore, the common people who want to buy shares of the NEA will have to spend Rs 250 per share.</p>
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<p>The NEA has decided to request approval from the Council of Ministers through the Ministry of Energy to issue shares to the general public at a premium price of up to 10 percent of the proposed authorized capital, maintaining the price per share up to twice the net worth. </p>
<p>Shakti Bahadur Basnet, the Minister for Energy, Water Resources and Irrigation, who is also the chairman of the Board of Directors of the NEA, said that the shares are going to be issued with the aim of making the public institution more powerful. </p>
<p>NEA has proposed to maintain the book value of its shares at around Rs 125 and add the same amount of premium to issue shares. Therefore, the common people who want to buy shares of the NEA will have to spend Rs 250 per share.</p>
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include - APP/View/MagazineArticles/view.ctp, line 54
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
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 54]
$user = $this->Session->read('Auth.User');
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'content' => '<p>Nepal Electricity Authority (NEA) is preparing to sell its ordinary shares by issuing Initial Public Offerings (IPO) worth Rs 60 billion. The state-owned NEA is one of the public institutions that is becoming financially strong in recent days.</p>
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<p>NEA has proposed to maintain the book value of its shares at around Rs 125 and add the same amount of premium to issue shares. Therefore, the common people who want to buy shares of the NEA will have to spend Rs 250 per share.</p>
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<p>NEA has proposed to maintain the book value of its shares at around Rs 125 and add the same amount of premium to issue shares. Therefore, the common people who want to buy shares of the NEA will have to spend Rs 250 per share.</p>
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include - APP/View/MagazineArticles/view.ctp, line 54
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
Notice (8): Trying to access array offset on value of type null [APP/View/MagazineArticles/view.ctp, line 55]
//find the group of logged user
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View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
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Nepal Electricity Authority (NEA) is preparing to sell its ordinary shares by issuing Initial Public Offerings (IPO) worth Rs 60 billion. The state-owned NEA is one of the public institutions that is becoming financially strong in recent days.
The NEA is planning to restructure the financial structure of the organization and sell the shares to the general public in accordance with the Nepal Electricity Authority Act, 2041.
The Ministry of Finance has already given consent for the sale of shares. After the approval of the Finance Ministry, the Ministry of Energy, Water Resources and Irrigation is preparing to submit a proposal in this regard to the Council of Ministers.
The Board of Directors of the NEA has agreed to maintain the authorized capital of Rs 300 billion.
The NEA has decided to request approval from the Council of Ministers through the Ministry of Energy to issue shares to the general public at a premium price of up to 10 percent of the proposed authorized capital, maintaining the price per share up to twice the net worth.
Shakti Bahadur Basnet, the Minister for Energy, Water Resources and Irrigation, who is also the chairman of the Board of Directors of the NEA, said that the shares are going to be issued with the aim of making the public institution more powerful.
NEA has proposed to maintain the book value of its shares at around Rs 125 and add the same amount of premium to issue shares. Therefore, the common people who want to buy shares of the NEA will have to spend Rs 250 per share.
The NEA has pledged to use the funds raised by issuing shares to the general public as a long-term investment in construction of reservoir projects, expansion and strengthening of transmission and distribution lines.
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'modified' => '2024-02-13 20:30:52',
'keywords' => '',
'description' => '',
'sortorder' => '4189',
'feature_article' => false,
'user_id' => '44',
'image1' => null,
'image2' => null,
'image3' => null,
'image4' => null
),
'MagazineIssue' => array(
'id' => '1279',
'image' => '20240211085310_Feb 2024 Cover.jpg',
'sortorder' => '1806',
'published' => true,
'created' => '2024-02-11 20:53:11',
'modified' => '2024-02-11 20:53:11',
'title' => 'February 2024 ',
'publish_date' => '2024-02-11',
'parent_id' => '0',
'homepage' => true,
'user_id' => '44'
),
'MagazineCategory' => array(
'id' => '8',
'title' => 'Biz News',
'sortorder' => '546',
'status' => true,
'created' => '0000-00-00 00:00:00',
'homepage' => false,
'modified' => '2017-05-03 15:27:12'
),
'User' => array(
'password' => '*****',
'id' => '44',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'paru.ghimire118@gmail.com',
'name' => null,
'email' => 'paru.ghimire118@gmail.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2023-07-13 17:13:05',
'last_login' => '2024-08-11 22:05:39',
'ip' => '172.68.203.141'
),
'MagazineArticleComment' => array(),
'MagazineView' => array(
(int) 0 => array(
'magazine_article_id' => '4280',
'hit' => '1119'
)
)
)
$current_user = null
$logged_in = false
$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/MagazineArticles/view.ctp, line 279
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
