API Power Company Limited has announced its decision to sell 1.5 million shares of Ingwa Hydropower Limited currently held under its ownership. The company stated that the shares will be sold through the secondary market.

Following this decision, API Power has published a public notice in accordance with Clause 11 of the Directive on Pre-Approval and Regulation of Public Share Issuance by Electricity-Related Companies, 2021 issued by the Electricity Regulatory Commission.

According to the company, the lock-in period for Ingwa Hydropower Limited shares expired at the end of Baisakh 2083, making the shares eligible for trading and disposal. With the completion of the lock-in period, API Power is now legally permitted to sell its stake in the hydropower company.

The planned sale involves a total of 1.5 million shares and is expected to be carried out through the secondary market in compliance with regulatory requirements. Market observers view the move as part of API Power’s broader capital management and investment optimization strategy.

The proceeds from the share sale could potentially be used for new investments, project development, business expansion, or strengthening the company’s financial position. As both API Power and Ingwa Hydropower operate in Nepal’s hydropower sector, the development has attracted significant attention from investors and market participants.

The company is expected to disclose further details regarding the transaction and implementation process as the sale moves forward.