Kathmandu. Dinesh Lal Shrestha, Chief Executive Officer (CEO) of Asian Life Insurance, has said that the company has invested in various hydropower projects and its IPO will be issued.

Ceo Shrestha informed the company’s annual general meeting that he has invested in hotels, airlines and hydropower companies.

According to him, the investment has been diversified as per the insurance authority’s investment guidelines. Hotels, airlines and hydropower invested by the company will issue ipOs.

He claimed that after the IPO, the company will be strengthened and the economic activities of the companies will increase in the future and the business expansion will accelerate.

He said that one of the hydropower companies has already started the IPO issue process and the other one will issue the IPO in the near future.