We have done a fundamental analysis of Modi Energy Ltd (MEL). It is a leading hydropower company in Nepal.
Modi Energy Ltd (MEL)
Following is the company analysis of Modi Energy Ltd (MEL).
Introduction
Modi Energy Limited was established on 4th November 1996 as a private company and later converted into a public limited company on 21st June 2018. The company is located in Parbat, Nepal, and has a 20 MW capacity to produce electricity. The project came into operation on 30th September 2021.
Hence, these are the Modi Energy Ltd (MEL).
More Information
| Particulars | Information |
|---|---|
| Name | Modi Energy Ltd |
| Symbol | |
| Sector | Hydropower |
| No of Share | 29,000,000 units |
| Paid Up | Rs. 100 |
| Paid Up Capital | Rs. 2,900,000,000 |
| Phone Number | 01-4441444, 01-4441131 |
| info@modihydro.com | |
| Address | Dilibazar – 30, Kathmandu, Nepal |
Audited Financial Statement
Following are the audited financial statement highlights of the company.
| Particulars “000” | FY 2076/77 | FY 2077/78 | 2078/79 |
|---|---|---|---|
| Paid Up Capital | 1,000,000 | 1,000,000 | 1,000,000 |
| Reserve and Surplus | (63,324.00) | (68,216.00) | (74,340.00) |
| Debt | 3,371,673 | 3,372,074 | 3,381,712 |
| Revenue | – | – | – |
| Interest Expense | – | – | – |
| Net Profit | (5,230.00) | (4,892.00) | (6,088.00) |
| Earnings Per Share | (0.52) | (0.49) | (0.61) |
| Net Worth Per Share | 93.66 | 93.18 | 92.57 |
| Debt Equity | 3.60 | 3.62 | 3.65 |
| Return On Equity | (0.06) | (0.05) | (0.07) |
Capital Structure
Following is the capital structure of the company.
| Particulars | Information |
|---|---|
| Authorized Capital | Rs. 2,900,000,000.00 |
| Issued Capital | Rs. 2,900,000,000.00 |
| Promoter Share Holding | Rs. 2,175,000,000.00 |
| General Public Share Holding | Rs. 725,000,000.00 |
| Promoters (%) | 75% |
| General Public (%) | 25% |
Information About Projects
Following is the detail information about the company.
| Particulars | Information |
|---|---|
| Name of the Project | Tallo Modi Khola Hydropower Project |
| Type of Project | Run of River |
| Installed Capacity | 20 MW |
| Electricity Generation Licensed Received | Bhadra 20, 2068 |
| Generation Valid Date | Bhadra 20, 2102 |
| RCOD | Ashad 31, 2077 |
| Total Cost | Rs. 6.2 arba |
| Cost Per Megawatt | Rs. 31.03 crore |
Board of Directors
The board of directors of the company follows.
| Name of the director | Position |
|---|---|
| Mr. Kumud Kumar Dugar | Chairperson |
| Mr. Vikas Dugar | Director |
| Mr. Jahan Singh Phuyal | Director |
| Mr. Deepak Kumar Mundara | Director |
| Ms. Shubhi Agrawal | Director |
| Mrs. Ranjana Tiwari | Director |
Hence, these are the company analysis of Modi Energy Ltd (MEL).
Frequently Asked Question
What is the capacity of the Modi Khola hydropower project or Modi Energy Ltd?
= 20 MW is the electricity-producing capacity of Modi Khola Hydropower and Modi Energy Ltd.
Address of Modi Energy Ltd?
= Modi Energy Ltd is located at Dilibazar – 30, Kathmandu, Nepal.
Phone Number of Modi Energy Ltd?
= 01-4441444, 01-4441131 is the phone number of Modi Energy Ltd.
Other Important Links
Corporate Office
Dilibazar – 30, Kathmandu, Nepal
Phone Number: 01-4441444, 01-4441131
Email: info@modihydro.com