Tag: Energy Sector

Supreme Court Order Creates Uncertainty Over Phukot Karnali Project

Kathmandu — The 480 MW Phukot Karnali Hydropower Project, awarded to India's state-owned company NHPC, has fallen into uncertainty after the Supreme Court issued...

NEA Directs PPA-Signed Energy Projects to Submit Progress Reports Within Seven...

Kathmandu: The Nepal Electricity Authority (NEA) has directed promoter companies of hydropower and solar energy projects that have already signed Power Purchase Agreements (PPAs)...

Energy Sector PPP to Be Taken to New Level: Minister Shrestha

Kathmandu: Minister for Energy, Water Resources and Irrigation Biraj Bhakta Shrestha has stated that Nepal’s energy sector has entered a decisive phase of transformation...

Dhirghayu Kumar Shrestha Highlights Forest Bottlenecks in Energy Sector Development

Kathmandu — Acting Managing Director of the Nepal Electricity Authority, Dhirghayu Kumar Shrestha, has said he is positive about allowing the private sector to...

Four-Hour Power Cut Announced in Kathmandu Valley on Saturday for Substation...

Kathmandu: Electricity supply will be disrupted for four hours on Saturday in nearly 100 locations across Kathmandu Valley, including parts of Kathmandu and Lalitpur. According...

Sanigad Hydro Limited Opens IPO for General Public, Issues 4.674 Million...

Sanigad Hydro Limited has officially opened its Initial Public Offering (IPO) to the general public from 1st June, issuing 46,74,000 shares at a face...

PM Shah Says Grid Capacity Must Expand Before Nepal Embraces Electric...

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...

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 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...

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...

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