Century Bank completes financial closure of Lower Chirkhuwa Hydro Project

NL Today

  • Read Time < 1

Kathmandu: Century Commercial Bank Limited has completed the financial closure of the 4.06 MW Lower Chirkhuwa Hydroelectric Project.

Located in Shadananda Municipality of Bhojpur, this hydropower project is promoted by LC Energy Private Limited.

The bank has a sole investment in the hydroelectric project. In this project, the loan investment of the bank is 70 percent and the rest is the investment of the promoters.

Century Bank, which has been providing banking services in remote and urban areas of the country through modern technology, has been providing financial services through its 129 branches, 10 extension counters, 24 branchless banking and 113 ATMs.