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Delay in construction of 'Chilime Hub' results in wastage of electricity generated by Rasuwagadhi Hydropower Project

KATHMANDU, May 14 -- The 111 MW Rasuwagadhi Hydropower Project has suffered a loss of over Rs 1 billion in the past four months as the construction of the 220 KV capacity 'Chilime Hub' substation and ... Read More


Govt spends Rs 500 million before the commencement of outer ring road project

KATHMANDU, May 12 -- The construction of the outer ring road project, which was initiated by the government to connect the three districts of Kathmandu Valley with the road network, has become uncerta... Read More


India's restriction on supply of explosives halts over four dozen hydropower projects

KATHMANDU, May 8 -- India's restrictions on importing explosives have begun to impact Nepal's development projects, causing delays in the construction of roads, tunnels and hydropower projects. The la... Read More


Nepal will need an investment of Rs 6.1 trillion to produce 28,500 MW of electricity by 2035

KATHMANDU, May 3 -- The government has set a target of producing about 28,500 megawatts of electricity in the country within the next decade. Sector experts have estimated that about Rs 6.1 trillion o... Read More


Electricity tariff dispute deepens due to the commission's delay

KATHMANDU, May 1 -- The Commission of Inquiry tasked with resolving disputes over electricity tariffs for dedicated and trunk lines has made slow progress. The initial three-month deadline set for the... Read More


Nepal received FDI of Rs 270 billion in the past three decades

KATHMANDU, April 28 -- Over the last three decades, promises of foreign direct investment (FDI) totaling around Rs 500 billion have been made, but only Rs 270 billion has been received so far. Accord... Read More


Govt yet to pay Rs 60 billion to contractors

KATHMANDU, April 27 -- The government has yet to pay Rs 60 billion to the contractors. The construction entrepreneurs stated that about Rs 40 billion is pending for multi-year projects that are still ... Read More


EVs adoption in Nepalsurge in Nepal with government support measures

KATHMANDU, April 27 -- Electric vehicles (EVs) are increasingly entering the Nepali auto market, supported by government initiatives to increase the consumption of electricity in the country and to ma... Read More


Private sector leads hydropower generation over government

KATHMANDU, April 20 -- The private sector is ahead of the government in terms of the construction and production of hydropower projects. According to the electricity production details of Nepal Electr... Read More


Govt fails to adopt podway technology despite its potential in Nepal

KATHMANDU, April 16 -- The government has not adequately discussed the 'podway' technology, which has emerged as an alternative mode of transportation in developed countries, in Nepal. The policy arra... Read More