Kathmandu, January 13 – Singati Hydro Energy Limited successfully conducted its 15th Annual General Meeting (AGM) on 29th Poush, 2081, at the Dhumrabaraha Venue in Dhumbarahi, Kathmandu. The event commenced at 11:00 AM and witnessed active participation from shareholders, board members, and stakeholders.
The AGM provided a platform to review the company’s performance and outline future strategies. Key highlights from the meeting include:
1. Financial Report of FY 2080/81
The company presented its financial achievements and challenges for the fiscal year 2080/81. Shareholders were briefed on revenue generation, operational costs, and profit margins, showcasing the company’s steady growth trajectory amidst a competitive energy market.
2. Appointment of Auditor
To ensure transparency and compliance, a new auditor was appointed during the AGM. This step reaffirms Singati Hydro Energy’s commitment to maintaining the highest standards of financial governance.
3. Investment in New Projects
A major highlight of the AGM was the company’s decision to diversify its portfolio by investing in new hydropower and energy-related projects. This move aims to enhance energy production capacity and contribute to Nepal’s sustainable energy goals.
The board emphasized the importance of stakeholder collaboration and innovation to achieve long-term success. Addressing the gathering, company representatives expressed optimism about future projects and assured shareholders of consistent returns.
Singati Hydro Energy Limited has been a key player in Nepal’s hydropower sector, contributing significantly to the nation’s energy needs. With this AGM, the company has set its sights on strengthening its operations and expanding its impact in the renewable energy sector.
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