Rising Hydropower Moves Toward IPO with Muktinath Capital Partnership
Rising Hydropower Pvt. Ltd. has appointed Muktinath Capital Limited as the issue manager for its upcoming Initial Public Offering (IPO). A bilateral agreement was...
Authority Causes Delay in Airport Fuel Storage Relocation
Nepal Oil Corporation has completed its preparations, but CAAN has neither cut down the trees, nor demarcated the boundaries, nor signed the land agreement:...
Construction Underway for Myagdi Khola-B Project, Commercial Operation by 2028
Kathmandu — A 12.5 MW Myagdi Khola-B Hydropower Project is set to be constructed.
The project will utilize the water from the Myagdi River located...
Hydropower Leads Market Decline as NEPSE Drops 33 Points
Hydropower dominates the share trading, this subgroup alone has a turnover of 23 billion 120 million
As the economy is not running, investors'...
Tamakoshi Hydropower Begins Round-the-Clock Electricity Production
With the partial repair of both sand-settling ponds damaged by the landslide completed, the project has resumed generating 456 megawatts of electricity.
On...
China Commits to Boosting Nepal’s Energy Infrastructure with Technical and Financial Aid
Beijing — China has expressed its commitment to provide necessary support to Nepal's energy sector. Wang Hongzhi, China’s energy administrator, conveyed the Chinese government’s...
IPPAN Welcomes Removal of ‘Take and Pay’ Provision in PPAs as Positive Step
Kathmandu — The Independent Power Producers’ Association, Nepal (IPPAN), has stated that the announcement to remove the ‘Take and Pay’ provision in electricity purchase...
Energy Minister Khadka Highlights Nepal’s Growing Electricity Exports and China Transmission Line Project
Beijing — Minister for Energy, Water Resources, and Irrigation, Deepak Khadka, has informed that preparations are underway for the construction of the 220 kV...
Government Decides: Water Resources Bill Will Proceed
"There is a question as to why a provision that should have been in the Electricity Bill has appeared in the Water Resources...
Monsoon Rains Power Surge in Electricity Exports to India
KATHMANDU, June: Increased rainfall has significantly boosted river flows, enabling the Nepal Electricity Authority (NEA) to export up to 700 megawatts of electricity to...
