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India proposes talks on power line project

Kathmandu, Dec. 16 -- The state-owned power utility, Nepal Electricity Authority and the Central Electricity Authority of India are scheduled to meet in December to finalise the funding and implementa... Read More


Growth forecast revised upward to 6.5 percent

Kathmandu, Dec. 14 -- The IMF also showed concern over the rate of credit expansion by Nepali banks and financial institutions Dec 14, 2018-The International Monetary Fund (IMF) revised Nepal's econo... Read More


Electricity imports from India during peak hours up 30 percent

Kathmandu, Dec. 13 -- Electricity imports from India during peak hours jumped more than 30 percent in the past month following a sharp fall in domestic production due to shrinking water levels in the ... Read More


Government plans new law enabling it to bypass public procurement process and pick developer for projects above Rs 50b without bids

Kathmandu, Dec. 13 -- The government plans a new law that would enable it to bypass public procurement process and award projects worth Rs50 billion and above to developers through direct negotiation.... Read More


Nepal Electricity Authority agrees to take-or-pay modality

Kathmandu, Dec. 12 -- A longstanding dispute between the Energy Ministry and the Nepal Electricity Authority has been resolved with the power utility agreeing to sign power purchase agreements (PPAs) ... Read More


Upper Tamakoshi contractor pledges to pick up pace

Kathmandu, Dec. 11 -- Texamo, the Indian contractor executing the hydro-mechanical works of the Upper Tamakoshi Hydropower Project, promised to get its act together and expedite work to meet the new d... Read More


Tamakoshi contractor pledges to pick up pace

Kathmandu, Dec. 11 -- Texamo, the Indian contractor executing the hydro-mechanical works of the Upper Tamakoshi Hydropower Project, promised to get its act together and expedite work to meet the new d... Read More


18 in race for key posts in Electricity Regulatory Commission

Kathmandu, Dec. 9 -- Eighteen individuals, including two former energy secretaries, are vying for the top posts in the Nepal Electricity Regulatory Commission, a powerful body to regulate the country'... Read More


India opens door wider to electricity exporters

ANIL GIRI, Kathmandu, Dec. 8 -- India opened the door wider to power exporters by removing a discriminatory provision in the Guidelines on Cross Border Trade of Electricity under which Nepali-based hy... Read More


Hewa Khola losing out on Rs200 million in revenue

Kathmandu, Dec. 7 -- Privately-owned Hewa Khola Hydropower Project is losing out on Rs200 million in revenue annually as it can't feed the electricity it generates into the national grid for lack of a... Read More