NRN Infrastructure to Divest Over 856,000 Shares of Himalayan Power Partner
NRN Infrastructure & Development has decided to sell a large stake in Himalayan Power Partner through the secondary market as part of portfolio realignment.
NRN Infrastructure & Development Ltd. has approved the sale of a significant portion of its holdings in Himalayan Power Partner Ltd., signaling a move to rebalance its investment portfolio. The company plans to divest 856,960 ordinary shares through the secondary market, according to regulatory disclosures.
The decision was taken following a recommendation from the company’s Asset, Liability and Investment Advisory Subcommittee, which convened on February 23, 2026 (Magh 11, 2082 BS). Acting on the panel’s advice, the board moved forward with the sale to optimize capital allocation and streamline long-term investments.
Chief Executive Officer Niranjan Fuyal has formally notified the Supervision Department of the Securities Board of Nepal about the transaction. The shares will be sold via the Nepal Stock Exchange in accordance with prevailing market rules and regulations, the company said.
NRN Infrastructure has been a long-term investor in Nepal’s energy sector, with exposure across multiple hydropower projects. The planned divestment is viewed as part of a broader portfolio restructuring strategy rather than an exit from the sector.
Market participants note that the sale of such a sizeable block could temporarily increase supply pressure on Himalayan Power Partner’s stock in the secondary market, potentially influencing near-term price movements. However, the broader impact will depend on market demand and overall sentiment toward hydropower stocks.