SEBON Approves Himalayan Urja Bikas Company’s Right Share Issuance Amid Regulatory Delays
KATHMANDU, June 23: The Securities Board of Nepal (SEBON) has given the go ahead to Himalayan Urja Bikas Company (HUBC) to issue right shares.
This...
IME Group’s Hydro Support Pvt. Ltd. Secures Financing for 66.3 MW Kaligandaki Hydro Project
Hydro Support Pvt. Ltd., a part of the IME Group, has signed loan agreements with joint financing banks to handle the financial arrangements (financial...
Government Appoints Dr. Ram Prasad Dhital as Chairman of Electricity Regulatory Commission
The government has decided to appoint Dr. Ram Prasad Dhital as the Chairman of the Electricity Regulatory Commission (ERC). In a Cabinet meeting held...
Sandhikharka-Tamghas 132 kV Transmission Line and Substation Completed, Ensuring Reliable Power Supply
Kathmandu, 20 June 2024: The construction of a 132-kilovolt (kV) double-circuit transmission line from Arghakhanchi's Sandhikharka Municipality-6 (Fudwang) to Gulmi's Resunga Municipality-7, Unayichaur (Tamghas),...
Preserving Nature Over Power: Communities Reject Hydropower for Untouched Wilderness
"Hands off our sacred rivers, yak pastures, and precious habitat for snow leopards, tree frogs, golden ducks, and red pandas"
For more than two years,...
Reduced Operations at Kulekhani Hydropower Plant Amidst Declining Water Levels
Hetauda, June 20: Kulekhani Hydropower Project will now operate only during critical times since the water level has diminished in the Kulekhani Reservoir, the only...
Climate Justice Takes Center Stage: Nepal’s Plea at IDA21 Summit
Prime Minister Dahal urged the global lenders for climate justice and compensation, emphasising the global community’s shared responsibility in addressing the loss and damage...
Tax Reform Committee Proposes Phased Removal of LPG Subsidy Within Three Years
KATHMANDU, June 20: The high-level study committee for tax reform has recommended the government to remove the subsidy provided to citizens on Liquefied Petroleum...
World Bank’s Senior MD Trotsenberg Meets with Finance Minister Pun to Discuss Economic Collaboration
Senior Managing Director of the World Bank, Axel van Trotsenberg, met with Finance Minister Barshman Pun today at the Ministry of Finance in Singha...
NC Urges Swift Action to Resolve Petroleum Supply Disruption
Kathmandu, June 17: The major opposition Nepali Congress has drawn the attention of the government on the issues of ongoing protest in petroleum products...
