Butwal Power Company (BPC) - Fundamental Analysis of FY 2070/71 & Dividend prediction

बुटवल पावर कम्पनी लिमिटेडको विश्लेषण
पूँजी, जगेडा र लगानी
नेपाल विध्युत प्राधिकरणको समेत शेयर रहेको यस कम्पनीको चुक्ता पूँजी १ अरब ६७ करोड ३२ लाख २३ हजार, संचित कोषमा रु. १ अरब ७१ करोड ९४ लाख ५३ हजार, दीर्घकालीन कर्जा ९९ करोड ९० लाख ३५ हजार रहेको छ |

Butwal Power Company BPC proposes 18% cash dividend; announces book closure on Feb 5

Butwal Power Company Limited has offered 18 percent cash dividend to its shareholders from the net profit it posted in the last fiscal year 2069/70.

The BOD meeting of the company has just taken decision to this effect. The proposed dividend is, however, subject the approval of the upcoming Annual General Meeting of BPC, which is slated for February 23.

BPC had posted a net profit of Rs.28.64 crore in the last fiscal year of 2069/70.

Meanwhile, BPC has also declared its book closure date on February 5 for the AGM as well as for its 3:2 right shares. -SSN

Butwal Power Company likely to offer 25% dividend

Butwal Power Company Limited is reportedly planning at least 25 percent dividend to the shareholders from the net profit it earned in the last fiscal year 2069/70.

“The company will not decrease the amount of dividend it had distributed last year”, according to sources privy of the development.

Butwal Power Company proposes tariff hike

Butwal Power Company has proposed to the Electricity Tariff Fixation Committee (ETFC) to raise electricity tariff. The company distributes electricity - generated by its two projects Adhikhola (5.1 MW) and Jhimruk (12 MW) -- to more than 40,000 households in Palpa, Arghakhanchi, Syangja and Pyuthan.

Chilime & Butwal Power post profits 96.37 cr & 28.64 cr resp.

Fiscal year 2069/70 has proven to be a grim year for two leading power companies.

Chilime Hydropower Company has posted a profit of Rs 96.37 crore for FY 2069/70, a meager 1.95% rise over last year’s 94.53 crore.

14 years of Nepal stock experience sharing

I would like to share my experience and I believe it will be useful for some forum members to make an appropriate investment decision.

I have been investing in Nepal Stocks since last 14 years, initially started from investing in IPOs and then gradually jumped into secondary market and have been continually buying good companies stocks. All my investments were/are from my own savings and therefore, I have never taken any loan from any individual and financial institution as of now. That is was the sole reason why I did not sale any shares in loss during those bearish periods when I suffered with significant reduction in total value of my stock.

Investors confidence pushes Nepse up 7.55 points

Along with northbound share prices, transaction volume in the stock exchange surged by 84 per cent as the investors are betting for the better days to come, this week –July 21 to 25.

The benchmark index rose by 7.55 points as the more investors are coming in with expectation of better return. The transaction volume that stood at Rs 393.5 million last week surged to Rs 724.6 as of this week.

Butwal Power Company to issue 3:2 ratio rights shares after approval

Butwal Power Company is planning to issue rights shares with a ratio of 3:2. The company is issuing the rights shares to generate funds for investing in the 37.6 MW Kabeli A Hydropower Project.

The proposal to issue rights shares was approved by the company three years ago, but the process was delayed because of the uncertainties stemming from the dispute between the company and the government over the nature of investment.

Stock Investors regain faith due to timely budget

The first week (July 14 to 18) of the new fiscal year saw the stock market pushing for new heights, boosting investor confidence.

The full budget which was announced on schedule last week has signalled better economic conditions which helped investors regain faith in the share market. Moreover, financial institutions started providing margin financing for share purchases since the beginning of the fiscal year. In the last two months of the previous year, financial institutions had slowed down in issuing short-term loans against shares due to the need to provision one per cent of the loan in the year-end balance sheet. But with the new fiscal year, they have resumed margin financing.

Hydropower - The Next Generation for stock investment both IPOs & secondary market.

Chilime Hydro is more than an average hydropower project, it is a success story and a symbol - a symbol that signifies that major development projects can be done solely based on Nepalese investments. People in Nepal have come to grasp the reality that great things can be done if everybody put their heads together, especially when the government provides a conducive atmosphere in the country. In recent times, IPOs of banks and other institutions have been flooded with investor optimism creating major over-subscription of numerous shares floated. The ongoing Mega Bank IPO was oversubscribed by over 22 times which translates to about Rs. 14.2 billion. The following banks were all oversubscribed and received total applications in the following amounts:

Butwal Power Company (BPC) refuses to decrease PPA rate for Kabeli-A

Butwal Power Company (BPC), the developer of the 37.6 MW Kabeli-A Hydropower Project, has refused to revise the power purchase agreement (PPA) for the project’s increased capacity of 7.6 MW. The Ministry of Energy (MoE), acting upon instructions from the Cabinet, had asked BPC to consider decreasing the PPA rate for its added capacity two weeks ago. The PPA defines the price at which BPC will sell power to the government after the project comes online. The Cabinet had asked the MoE to renegotiate with BPC for a reduction in the PPA rate after the project was upgraded to 37.6 MW from 30 MW.

Butwal Power Company (BPC) proposes increment in electricity tariff.

Butwal Power Company has sent a proposal to the Tariff Fixation Commission seeking its approval for increasing electricity tariff in five districts in the western region where the company has been supplying electricity through its own power transmission lines.

Nepal Electricity Authority (NEA) has already proposed a 20 percent increment in the electricity tariff.

BPC has been distributing electricity in western districts of Pyuthan, Arghakhanchi, Rolpa, Syangja and Palpa directly from its transmission lines and has been selling the surplus electricity to the NEA.