The Udaya Group Newsletter

 Providing you curated news and reviews of investing in Nepal. 

(July 2016)

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Resuming after the earthquake...

Hello Everyone,

This is Shikhar with The Udaya Group. Following a brief hiatus after the two devastating earthquake in Nepal, we are now back with our monthly newsletter providing you with curated news, reviews and analysis of business and investments in Nepal. To reiterate our mission – we go above and beyond what is covered in the media to deliver to you a thought-out, analyzed and thoroughly researched data and analysis that is rare in the frontier markets. Developing market investors (and investors/potential investors focused particularly in Nepal) find this extremely helpful as unbiased opinions, well-rounded analysis and critical data are keys to making business and investment decisions.  

Over the last few months, and after the “silent period” following the earthquake, infrastructure has again come into limelight. While prior to the earthquake, it was centered around our southern neighbor, India, recently, it is has been centered around our northern neighbor, China.  Two companies have shown interests in developing railway networks connecting cities in Nepal as well as with cities in China. See the article off of eKantipur posted below for more detail.  Additionally, a Kathmandu-Birgunj railway project was also included in the recent budget, despite without deeper understanding of its feasibility.

With technical assistance from the Government of France, a feasibility study was done to understand the viability of cable car in Kathmandu. Not sure if cable car will act as a form of mass transit, but it can surely deliver as an alternative mode of transportation for tourists.

We also go beyond what media covered in relation to foreign investments in Tila-1 (440 MW) and Tila-2 (420 MW) and what is the actuality.

Lastly, we analyze IPO and potential IPO of Khani Khola Hydropower Company Limited and Dibyashwari Hydropower Limited to give you some insights on the capital market.

Thank you again for following us and for expressing your continued interests even while we were absent. Feel free to reach out to me directly in case you have any questions.

Shikhar

shikhar@fdianalytics.com

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Chinese companies keen to build rail network in Nepal

Chinese companies keen to build rail network in Nepal

Source: eKantipur (http://tinyurl.com/jsbnur9)               At least two Chinese companies have shown interest to develop rail networks connecting China with Nepal, and one of them has submitted a feasibility report for a rail link between Kathmandu and Pokhara. The China CAMC Engineering Company Ltd, which has submitted a feasibility report on Kathmandu-Pokhara electric railway, plans …

Read more.

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Cable Car as an Urban Form of Transportation in Kathmandu ?

Cable Car as an Urban Form of Transportation in Kathmandu ?

My Republica published the article titled  "Baudha to Tahachal in 30 minutes by cable car!" outlining a feasibility study done to address the need for a supplemental form of public transportation in Kathmandu. It further writes: "One can go from Baudha to Tahachal in 30 minutes by cable car and at a reasonable fare, according to a feasibility study. The …

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Kathmandu-Birgunj Railway - A Surprise Inclusion in the 2016/17 Budget

Kathmandu-Birgunj Railway - A Surprise Inclusion in the 2016/17 Budget

Source: eKantipur Jun 5, 2016- Feasibility study of the Kathmandu-Birgunj railway project has been a surprise inclusion in the budget for 2016-17 given the plan “had never been officially discussed”. Also, the plan has not been incorporated in the five-year strategic plan of the Ministry of Physical Infrastructure and Transport unveiled a month ahead of the budget presentation. Although 60 percent …

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Going Beyond Media Coverage on Tila-1 and Tila-2 Hydropower Projects

Going Beyond Media Coverage on Tila-1 and Tila-2 Hydropower Projects

Last year (2015) in September, news emerged that an investment bank based out of Las Vegas, US – InvestBank - acquired a 70% equity stake in the 440 MW Tila-1 hydro-electric project and 420 MW Tila-2 hydro-electric project (http://tinyurl.com/z9rxyrh).  Tila-1 and Tila-2 had the projected costs of US$ 649 Million and US$ 555 Million respectively. It further mentioned that InvestBank …

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IPO Analysis of Dibyashwari Hydropower Limited

IPO Analysis of Dibyashwari Hydropower Limited

Dibyashwari Hydropower Limited is the next hydropower company that is going to be listed in Nepal Stock Exchange. Here is my sincere opinion regarding the Company, its project and speculated share price when listed in Nepal Stock Exchange. 1) PROJECT BACKGROUND Dibyashwari Hydropower Limited is constructing 4 MW hydropower project at Sabha Khola in Dhupu VDC, Sankhuwasabha. The Required Commercial …

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IPO of Khani Khola Hydropower Company Limited

IPO of Khani Khola Hydropower Company Limited

Khani Khola Hydropower Company Limited is the next hydropower company that is going to be listed in Nepal Stock Exchange. Here is my sincere opinion regarding the Company, its project and speculated share price when listed in Nepal Stock Exchange. 1) PROJECT BACKGROUND Khani Khola Hydropower Company Limited is constructing cascade projects in Bhattedanda Lalitpur. There are two hydropower projects …

Read more.

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Career Opportunity

The Udaya Group is hiring!

We are hiring...again! Position Title: Associate Position Type: 6 months initial contract with potential for extension Location: Kathmandu, Nepal About Us The Udaya Group (TUG) is a professional service firm that provides advisory, consultation and project development solution to global clients ranging from startups to larger organizations. We are looking to build our resource capability in Nepal. For more information …

Read more.

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Contact Us: 

If you would like to further understand the prospects, risks and "how-tos" of investing in Nepal, contact us at info@fdianalytics.com .

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