Bhairahawa Set to Expand: NOC’s Rs 3 Billion Investment in Fuel Storage Plants

Seven-year old construction plan was delayed due to controversial land purchase deal related to former NOC chief Gopal Bahadur Khadka KATHMANDU, April 18: Nepal Oil...

PM Commits to Solving Madi’s Underground Electricity Line Dilemma

Chitwan, Apr. 21: Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has pledged to address the issue of underground electricity lines in Chitwan’s Madi Municipality. After confronting issues...

Tamor River Transforming: 16 Hydel Projects on the Horizon

TAPLEJUNG, APRIL 18 The district of Taplejung has received a huge investment in hydropower projects in Tamor river, the main river in the district, and...

Mayors’ Forum Urges Finance Minister Pun to Resolve Electricity Dues

Patan (Lalitpur), April 26: The Kathmandu Valley Mayors' Forum has requested Finance Minister Barshaman Pun to settle the electricity dues of the local governments...

Navigating Uncertainty: Nepal’s Investment Summit Amid Political Turbulence

The government plans to dangle 148 potential projects, with nearly Rs900 billion worth of ready-to-go projects, before foreign and domestic investors at the third...

Nepal Investment Summit Wraps Up, Secures Billions in Investment Pledges

Kathmandu, Apr.30: The much-hyped 3rd Nepal Investment Summit has been concluded, conveying the message that Nepal is a prominent and reliable investment destination for investors...

Industrial Sector Hit Hard by Unannounced Load Shedding in Nepal

KATHMANDU, March 30: With the onset of winter, electricity production in hydropower projects across the country has begun to decline. The reduced flow of...

World Bank Greenlights 1,063 MW Upper Arun Project

KATHMANDU, April 20: An agreement in principle has been reached for the financial management of the proposed 1063-megawatt Upper Arun Semi-Reservoir Hydropower project in...

British Investment in Nepal Hinges on Tax Relief, Legal Guarantees

KATHMANDU, May 1: A senior trade official of the UK government has said that Nepal would see a significant surge in British investment if...

Insufficient budget affects Sikta Irrigation Project

Nepalgunj, Apr. 4: The construction work of Sikta Irrigation Project, a national pride project, in Banke has been affected due to lack of budget. Devraj Niraula,...

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