Dispute over Dedicated Line Tariffs: FNCCI Welcomes Investigation

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KATHMANDU, Jan 10: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has welcomed the formation of a committee by the government to look into disputes over the supply of electricity through dedicated and trunk lines.

Issuing a press statement today, the FNCCI said it expected the committee would find a durable solution to the issue.

The FNCCI also called upon relevant authorities and the government to reinstate dedicated power supplies to industries, emphasizing the industry’s “right” to have uninterrupted access to power. The government has established a judicial body to investigate the matter which was also a demand of the FNCCI and directed the Nepal Electricity Authority (NEA) to restore power supplies to industries, the FNCCI said in the statement, welcoming the move of the Council of Ministers. It thanked the government for the decision.

The FNCCI expresses hope that no activities will take place negatively impacting the private sector. Furthermore, the FNCCI appreciated the government’s seriousness in addressing the matter amid the economic challenges facing the country.

It may be noted that a Cabinet meeting on Tuesday formed the committee led by former Supreme Court justice Girish Chandra Lal and comprising the joint-secretaries at the Ministry of Industry, Commerce and Supplies and the Ministry of Energy, Water Resources and Irrigation with the authority to study the disputes regarding the tariffs for electricity supplied through dedicated and trunk lines and present a report.

 

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