“Drilling Commences for Mugu Karnali Hydropower Project”

Mugu, June 9: The drilling work has been initiated for the Detailed Project Report (DPR) of the Upper Mugu Karnali Hydropower Project. According to geologist...

Take and Pay’ will have no impact on the power purchase agreement: FM

Kathmandu — The Independent Power Producers’ Association, Nepal (IPPAN), has urged Deputy Prime Minister and Finance Minister Bishnu Paudel not to remove the "Take...

Hydropower Dominates Weekly Stock Trading with 50% Share

KATHMANDU, June 7: The Nepal Electricity Authority (NEA) announced a power outage in Singha Durbar and Baneshwor areas on Saturday. Electricity supply will be...

Solar power production in Kalikot

The solar power was produced with the joint investment of Chankheli Energy Pvt, the Alternative Energy Promotion Centre (AEPC), and rural municipality with the...

Public Accounts Committee Halts Jagdulla Contract Pending Clarity

Kathmandu — The Public Accounts Committee of the House of Representatives has directed not to proceed with the agreement until there is clarity regarding...

Investment Board Nepal Approves Cable Car, Hydropower, and Other Projects

The 64th meeting of the Investment Board Nepal (IBN), chaired by Prime Minister KP Sharma Oli at Baluwatar Yesterday, approved key infrastructure and energy...

Global IME Bank Launches Electric Vehicle Charging Station

Kathmandu, June 5: Global IME has started operating its charging station for electric vehicles (EVs) at its Corporate Office, Kamaladi. The EV charging station was...

Geppert Group Strengthens Commitment to Nepal’s Sustainable Hydropower Future

Kathmandu — On the occasion of the financial closure ceremony of the Middle Chamelia Hydroelectric Project, Guntram Geppert, CEO and owner of Austria-based Geppert...

NEPSE Ends Lower as Hydropower Stocks Attract Investors

Kathmandu: On Thursday, the last trading day of the week, the NEPSE index closed with a single-digit decline. The NEPSE index dropped by 5.99...

Budget Jolt: ‘Take-and-Pay’ Policy Rattles Nepal’s Energy Investors

Nepal’s energy sector, burgeoning due to private sector investment, faces shocks from a policy announced in the new budget—take and pay. The Independent Power Producers...

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