Tag: Take and Pay
Take and Pay’ Provision Delays Power Purchase Agreements
Kathmandu — Due to the "Take and Pay" provision included in the current fiscal year's budget, the 4,967-megawatt Power Purchase Agreement (PPA) process initiated...
Government Drops ‘Take and Pay’ Clause to Ease Hydropower Concerns
KATHMANDU, June 25: The government has amended a clause in the budget following controversy over the ‘take and pay’ provision in the hydropower sector.
Deputy...
Budget Revision: Oli–Deuba Pact to Eliminate ‘Take and Pay’ Policy
Kathmandu — Prime Minister KP Sharma Oli and Nepali Congress President Sher Bahadur Deuba have reached an agreement to remove the "Take and Pay"...
Energy Producers Threaten License Return; PM Vows Resolution by Monday
Kathmandu — The Independent Power Producers' Association, Nepal (IPPAN), submitted a memorandum to Prime Minister KP Sharma Oli on the first day of their...
Energy Developers Urge Withdrawal of ‘Take and Pay’ Provision Through Mass...
Kathmandu — Energy developers have sent an 'SMS' simultaneously to Prime Minister KP Sharma Oli, Finance Minister Bishnu Paudel, Energy Minister Deepak Khadka, and...
IPPAN Protests Retention of ‘Take and Pay’ Provision in Budget
Kathmandu- The Independent Power Producers' Association of Nepal (IPPAN) has announced the first phase of protests following Finance Minister Bishnu Paudel’s lack of commitment...
Energy Producers Demand Three Alternatives from Finance Minister on ‘Take and...
The Independent Power Producers' Association, Nepal (IPPAN), has demanded three alternatives regarding the "Take and Pay" provision introduced in the budget for the purchase...
Finance Minister’s ‘Take and Pay’ Provision Threatens Energy Sector: IPPAN
Independent power producers have alleged that the government is planning to include the 'Take and Pay PPA' provision in the budget without any...
Government Open to Reviewing Take-and-Pay Provision in Hydropower Sector
KATHMANDU, June 14: The government has hinted at revising its decision on the take-and-pay clause enforced for the hydropower companies through the announcement of...
Take and Pay’ will have no impact on the power purchase...
Kathmandu — The Independent Power Producers’ Association, Nepal (IPPAN), has urged Deputy Prime Minister and Finance Minister Bishnu Paudel not to remove the "Take...