Sanvi Energy Limited has started commercial electricity production from its second project, the Jogmai Cascade Hydropower Project, which has a capacity of 5.2 megawatts. The company confirmed that electricity generation began on Ashar 11 and is now being supplied to the Nepal Electricity Authority.
Sanvi Energy Trading
Sanvi Energy’s shares are set to start trading on the secondary market from Sunday, Shrawan 4. The company has listed 8.8 million shares, including both founder and public shares. According to NEPSE, the price range for the first trading day is fixed between Rs. 120.74 and Rs. 362.22 per share.
Second project goes live before market debut
This development comes just ahead of Sanvi Energy’s share market debut, giving IPO investors a strong reason to celebrate. The early start of commercial production from the second project shows the company’s commitment to timely delivery and project execution.
First project already running
Sanvi Energy had already been generating power from its first project—the Jogmai Khola Small Hydropower Project (7.6 MW) in Ilam—since Baisakh 18, 2074. With all tests and checks completed, the company has now successfully launched its second project, the Jogmai Cascade, adding to its operational strength in the energy sector.
Positive sign for market
Sanvi Energy starting power production before its shares begin trading is a good sign for investors and the NEPSE market. It shows the company is well-managed and financially strong. This move could boost trading activity and share demand in the early days. It also shows that investors are interested in hydropower, which is a growing and trusted sector in Nepal.
