Hathway to Invest Rs 400 Million in Two Companies, Including Rs 250 Million in Sugar Mill

Hathway Investment Company plans to invest Rs 400 million in two companies, allocating Rs 250 million to Vijaya Shree Sugar Mills and Rs 150 million to the Induwa Khola Hydropower Project.

The company said its decision to invest in promoter shares was in line with its policy of diversifying investments across sectors and investing for the long term.

The 24.921 MW Induwa Khola Hydropower Project is under construction in Makalu Rural Municipality in Sankhuwasabha district. The project is being developed by Vision Tesla Power.