NIBL Equity Partners Invests in Electro Power Company to Boost Nepal’s Clean Energy Sector
NIBL Equity Partners, a private equity firm focused on sustainable businesses, has entered into a strategic agreement to invest in Electro Power Company Limited. This investment will support Electro Power's 44 MW hydropower project on the Bhotekoshi River.
The partnership aligns with NIBL Equity Partners' vision for green energy, contributing to Nepal's energy security and creating opportunities for energy exports.
The CEO of NIMB Ace Capital Limited emphasized the project's design to minimize disaster risks while maximizing energy output.
The Managing Director of Electro Power expressed optimism about the partnership's impact on accelerating the hydropower project and boosting Nepal's energy sector, underscoring the positive effects on the country's economy and sustainability.