PM Shah Says Grid Capacity Must Expand Before Nepal Embraces Electric Future
KATHMANDU: Prime Minister Balendra Shah has said that Nepal is not yet in a position to fully transition into an electric era.
Responding to questions...
5% VAT on Electricity Sales Seen to Lower Hydropower Costs, Boost Investment
Kathmandu: The government’s announcement in the upcoming fiscal year’s budget to impose a 5 percent VAT on electricity sales has generated optimism among energy...
Govt prepares for second-phase agreement on petroleum extraction in Dailekh
KATHMANDU: The Department of Mines and Geology (DoMG) has initiated internal preparations for a second-phase agreement aimed at advancing petroleum extraction in Dailekh following...
Govt Announces Contracting Process for 828 MW Uttarganga Project Next Year
Kathmandu: The government is set to move four major hydropower projects, including the much-awaited 828-megawatt Uttarganga Reservoir Hydropower Project, into the contracting process within...
Nepal Budget 2083/84: Energy Sector Gets Rs. 85.54 Billion — A Transformative Push for...
Kathmandu, Jestha 15, 2083
Finance Minister Dr. Swarnima Wagle presented Nepal's Budget for Fiscal Year 2083/84 before a joint session of the Federal Parliament on...
Energy and irrigation push drives Nepal’s growth strategy in new budget
Kathmandu: Through the upcoming fiscal year budget, the government has positioned the energy, water resources, and irrigation sector as a key engine of economic...
Government Opens Early IPO Window to Boost Reservoir Hydropower Projects
KATHMANDU, May 29: The government has unveiled a set of incentives aimed at accelerating investment in reservoir-based hydropower, offering developers an unusual early advantage:...
1,040 MW Electricity to Be Added to National Transmission Line Next Year
Kathmandu: The government has announced that 1,040 MW of electricity will be added to the national transmission system in the fiscal year 2026/27.
While presenting...
Government Allocates Rs 70 Billion to Accelerate Transmission Line and Substation Projects
Kathmandu: The government has allocated a budget of Rs 70 billion for the construction of transmission lines and substations currently under development.
While presenting the...
NEA to Be Divided into Three Agencies Under Budget 2026/27
Kathmandu, May 29: The Government has decided to divide the scope of work of the state-owned Nepal Electricity Authority into three different agencies.
Reading out...
