Kathmandu. Mabilung Energy Company has now issued shares for the project-affected locals and Nepalis living abroad for employment.

As of Mid-March, the company’s net worth per share is Rs 106.95. Similarly, the earnings per share is Rs 1.52. In the fiscal year 2081/82, the net worth is estimated to be 102.92 paise and the earnings per share will be negative at Rs 0.08. Similarly, the net worth is estimated to be Rs 111.59 and income will be Rs 8.67 in the fiscal year 2082/83 BS.

Similarly, the net worth is expected to reach Rs 122.49 and income will reach Rs 10.89 in the fiscal year 2083/84 BS.

The company is constructing the 4.95 MW Upper Piluwakhola-3 hydropower project. The cost per megawatt of the project is Rs 229.5 million. The total cost of the project is estimated to be Rs 1.13 billion.

The big shareholders of the project include various companies and individuals. Asian Life Insurance has 500,000 units, Guheshwori Merchant Banking 400,000 units, Asian Capital 100,000 units, Glory Capital 565,010 units, Trust Energy 150,000 units, Indra Mandal Rai 100,000 units, Gro Capital 32,000 units, Rimesh Bahadar Rajbhandari 25,000 units, Rajesh Kumar Saraogi 25,000 units and Laxmi Ojha 20,000 units.

Home Bahadur Shrestha, representative of Asian Life, is the chairman of the board of directors of the company. He is the head of marketing department of insurance. Similarly, Aanchal Maskey and Shiva Raj Bhandari, representative of Guheshwori Merchant Banking and Finance, are the directors.