Vidur Puri Resigns as Chairman of Balefi Hydropower Board Citing Time Constraints

Vidur Puri has stepped down from his role as chairman of Balefi Hydropower due to inability to dedicate sufficient time amid a busy schedule. The company's board accepted his resignation during a meeting on Thursday. This leadership change may impact investor confidence as the hydropower sector requires stable governance for long-term projects. Balefi Hydropower is a key player in Nepal's energy sector, which influences industrial activity and power availability. Investors should watch for how the company manages this transition and its future project timelines to gauge potential financial effects.

• Vidur Puri resigns from Balefi Hydropower's chairman post, raising questions on leadership stability and project timelines.