Nepal Infrastructure Bank Limited (NIFRA)

-

 

With an aim to meet the need of a dedicated infrastructure development bank in the country, Government of Nepal (GoN) and Nepal Rastra Bank paved the way for the establishment of infrastructure development bank through the Annual Budget for the Fiscal Year 2015/16 and the subsequent Monetary Policy of the same year. Accordingly, Nepal Infrastructure Bank Limited was registered under the Ministry of Industry and Commerce, Company Registrar’s Office on 8th June 2018 as the first national level infrastructure development bank of the nation, promoted by Government of Nepal together with Banks and Financial Institutions (BFIs), Life and Non-life Insurance companies, other private sector leading entities and a team of entrepreneurs.

This marked as a significant milestone in the infrastructure sphere of the nation. The Bank obtained the operating license from Nepal Rastra Bank, the central bank of the country, on 11th February 2019 and formally started its operations on 6th March 2019. Being the first infrastructure development bank of the nation, NIFRA aims to bridge the infrastructure financing gap by raising resources from domestic and international market in the form of equity, debt, structured funds and bonds and applying such resources into economically viable infrastructure projects by adopting proven models of infrastructure financing. NIFRA also aims to work as a nodal financial institution of the nation to accelerate the investment in infrastructure sector by developing the required ecosystem, to bridge the gap in financial resources required for country’s infrastructure development, to promote the culture of Private Sector Participation in infra-projects and work closely with the Government of Nepal in planning and developing national policies for infrastructure development.

Comments

Post a Comment

Popular posts from this blog

Bishal Bazar Company Limited ( BBC )

-
Image
  Introduction Vishal Bazaar Company Limited was registered under the Companies Act, 2063 (the then Companies Act, 2021) in the Department of Commerce on 14/04/2026 and in the Department of Industry on 27/04/2026 and has been operating since the year 2026. Its registered office is in Kathmandu Metropolitan City Ward No. 24 Sukrapath, Kathmandu. The foundation stone of Vishal Bazar Bhavan was laid on   May 29, 2026. When the then King Mahendra saw large departmental stores while traveling abroad, he ordered a huge market to be established in Nepal in a modern building to facilitate shopping and increase commercial activity. In 2026, Prime Minister Surya Bahadur Thapa, Rajdarbar Secretary Indramani Rajbhandari and businessman Juddha Bahadur Shrestha expressed their desire to establish a well-organized market. Since the private sector did not have the capacity and willingness to invest in it at that time, some government institutions were also made to invest. At the time of...
Read more

Arun Valley Hydropower Development Company Limited ( AHPC )

-
Image
  COMPANY BACKGROUND Hydropower Development Policy 1991, Electricity Act 1993 and Electricity by laws 1993 have opened avenues for private sector investment in hydroelectric project development in Nepal. Although, it was new to Nepalese investors, efforts had been made by a group of individuals to build and operate Piluwa Khola Hydropower Project in Sankhuwasabha district, Eastern Development Region of Nepal. Piluwa Khola Hydropower Project of 800 KW, at first was identified by the government of Nepal under small project under the study of JICA (Japanese International Fund). A company named Arun Valley Hydropower Development Company Pvt. Ltd. was established on 12th March, 1998 under the Company Act of Nepal. It has registered with VAT no: 500103814 in Inland Revenue Department. The detailed feasibility study including environmental study of the project has been carried out by Nepalese engineers in 1998. Optimization study has finalized the size of the project into 3000 KW. U...
Read more

Ankhukhola Hydropower Company Limited ( AKJCL )

-
Image
  INTRODUCTION Site is located in Dhading District close to 132 km from Kathmandu; Ankhu Khola is one of the major tributaries of Budhi Gandaki Nadi. The catchments area of Ankhu Khola is about 633 km2. The mean annual flow is estimated to be 58.38 cumecs. A design discharge of 34.5 cumecs having a probability of more than 40% has been considered. BASIN CHARACTERISTICS Site of the project is located at 28000’00”, to 28000’57”, N in and 84054’00” to 84055’32″Eto 84055’32″E latitude and longitude respectively. Proposed Intake structure has been impartially located at 70m downstream from existing Ankhu Khola Suspension Bridge. At Rigna bazaar,the power house has been proposed at right bank of the river at Sisneri khet. The proposed project shall generate average annual energy of 46.408 GWh. Transmission of the generated power will be connect through 12 km long KV transmission line to NEA Substation at Dhading Besi. BACKGROUND The contract is made between Ankhu Khola Hydrop...
Read more