. The Independent Power Producers’ Association of Nepal (IPPAN) has urged the government to provide shares to the locals directly affected by the hydropower project at face value (Rs 100 per unit). <\/p>\n
Issuing a press release on Sunday, IPPAN said its attention has been drawn to the fact that the promoter companies have been discussing the option of issuing shares at a premium price for the local affected people after the process of issuing ordinary shares of some hydropower projects was affected for a long time due to regulatory reasons. The IPPAN has urged the member companies to allocate 10 percent of the shares to the locals as per Rule 9 (4) of the Securities Registration and Issue Regulations, 2073. According to IPPAN, the hydropower project is not just a means of investment but a development campaign based on trust, collaboration and partnership with the local community.<\/p>\n
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It argues that the shares have been arranged to make the local communities who provide land during the construction of the project, to bear the environmental and social impacts and to participate in the ownership of the local community who suffer inconveniences during the construction period. If the shares allocated to the locals are issued at a premium price, the access of the community will be limited, the sense of ownership towards the project will be weakened and the relationship between the project and the locals may be negatively affected. IPPAN believes that the distribution of shares at face value will make the locals the real partners of the project, reduce social disputes and obstacles and create an environment conducive for the timely completion of the project. IPPAN has urged the government, regulatory bodies and promoters to maintain the policy of providing shares at Rs 100 per share to the locals keeping in mind the interest of the locals, long-term sustainability of hydropower projects and the relationship between the private sector and the community. It also drew the attention of the government and bodies concerned to make the regulatory process related to the issuance of ordinary shares simple, transparent and time-bound and to resolve the problems faced by the hydropower projects due to delays.<\/p>\n","protected":false},"excerpt":{"rendered":"
. The Independent Power Producers’ Association of Nepal (IPPAN) has urged the government to provide shares to the locals directly affected by the hydropower project at face value (Rs 100 per unit). Issuing a press release on Sunday, IPPAN said its attention has been drawn to the fact that the promoter companies have been discussingContinue reading “Hydropower shares should be made available at face value to locals: IPPAN”<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":83171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[147],"tags":[],"class_list":["post-83189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-samachar-en"],"acf":[],"jetpack_featured_media_url":"https:\/\/arthakhabar.com\/wp-content\/uploads\/2026\/08\/photo_7d41cbb9.jpg","_links":{"self":[{"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/posts\/83189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/comments?post=83189"}],"version-history":[{"count":1,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/posts\/83189\/revisions"}],"predecessor-version":[{"id":83190,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/posts\/83189\/revisions\/83190"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/media\/83171"}],"wp:attachment":[{"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/media?parent=83189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/categories?post=83189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arthakhabar.com\/ak_api\/wp\/v2\/tags?post=83189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}