Shabda Gyawali's Blog

IFC asks govt to bring guideline on rupee bonds | Business With Local capital already limited,and volatile exchange rate is this a good option ?

IFC concerned about NEA’s dilly-dallying over PPA | National | Business " Lower Solu Project Director Ashish Garg said the MoE and NEA have been postponing the PPA signing date, citing the lack of budget for the construction of transmission lines. Issuing the licence to these projects, the government had pledged to construct the transmission lines. The projects have paid a combined Rs 450 million in licence fees and have provided bank guarantee worth Rs 101 million. NEA Managing Director Rameshwor Yadav also said the NEA has not been able sign the PPA due to the possibility of wastage of energy during monsoon after a few years." Lower Solu in the past has gained lot of attention from  Development Finance Institutions (DIFs) for investments...NEA being  reluctance will not send a good signal to potential foreign investors...... 

A recent published white paper from Alternative Energy Promotion Center (AEPC) mentions the need  of venture capital/ equity investment to ease the access to finance situation in the small hydro power segment... This is what is mentioned in the white paper :- " Assistance in Raising Equity and loans   " Local community/developer need to be assisted/supported in equity and loan, equity investment, venture capital investment fund, long term soft loan etc. Venture Capital system should be established. A study on how venture capital provision may be introduced in Nepal including long term soft loan and equity investment." The white paper  mentioned "    A study on how venture capital provision may be introduced in Nepal  " My recommendation is to cover the following issues in the study    Quality of deal flow- Not  just " Jhola ma Khola"  Issue involving cost of capital, considering floating inter...

"Nepali cement is meeting only 75 percent of domestic demand, according to the Cement Manufacturers Association of Nepal. Cement and clinker worth Rs 4.53 billion have been imported in the first nine months of the current fiscal year, according to the Trade and Export Promotion Center. Cement is imported from India and the big development projects in Nepal are using imported cement. "  "Entrepreneurs claimed that the projects are buying foreign cement due to the waiver in customs duty and value-added tax (VAT) while importing construction material for the national priority projects." According to the Cement Manufacturers Association of Nepal (CMAN), the domestic cement industry has an installed production capacity of 5.58 million tonnes annually which is slightly higher than the annual demand of 5.42 million tonnes. However, cement manufacturers say their plants could have utilized their full capacity except for supply side constraints and government apathy. ...

This is what there website say " In its initial phase, the team will focus on a small number of geographies such as Northern Nigeria, South Sudan, Nepal and Myanmar. The Frontier Investments team will complement the strategies of CDC’s four core investment teams and may provide capital in all its forms. - See more at: http://www.cdcgroup.com/How-we-do-it/Types-of-capital/Frontier-investments/#sthash.EuPFtaW8.dpuf

" My focus would be on increasing capital investment and welfare activities in Nepal. Reviewing past work, I will continue the existing agenda of the NRNA. I have planned concentrating on two agendas— commercial investment and social investment funds . The commercial investment fund will be mobilised for the country’s economic development, while the social fund will be mobilised for charity work or to help the underprivileged people." click here to read more 

Investor confidence reaches new high as Chitwan tourism rebounds | Business