Laxmi Sustainable Energy Fund's first AGM concluded

KATHMANDU:The first annual general meeting of the Laxmi Sustainable Energy Fund, sponsored by Laxmi Sunrise Bank and managed by Laxmi Sunrise Capital, was conducted on Sunday.

The fund, which aims to invest economic prosperity through renewable energy and sustainable development, has made investments in a variety of hydropower and sustainable energy industries.

Laxmi Sustainable Energy Fund is a one-billion rupee private equity fund regulated by the Nepal Securities Board.

The fund has earmarked 90% of the funds gathered for investment in the sustainable energy industry, with the remaining 10% to be invested in other industries.