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Nepal faces risk of wasting 1,200 MW due to slow transmission infrastructure

Nepal, Jan. 31 -- Experts say rapidly rising electricity generation capacity without corresponding expansion of transmission infrastructure has emerged as the biggest challenge in Nepal's energy secto... Read More


Govt struggles to spend capital budget in first half of current FY

Nepal, Jan. 31 -- As of mid-January, the capital expenditure was just Rs 47.54 billion, when the government's overall expenditure stood at 46.06 percent of the annual budget, an increase of 10.75 perc... Read More


Baglung produces orange worth around Rs 270 million

Nepal, Jan. 31 -- The produce went up this time around with the rise in the farmers' attraction to orange cultivation. Compared to last year, the orange production this year has increased by Rs 4.4 mi... Read More


Commercial banks' profits jump 11.51% in first half on improved loan recovery

Nepal, Jan. 30 -- Commercial banks in Nepal posted an 11.51 percent rise in net profits in the first half of the current fiscal year, buoyed by improved loan recovery, despite a sharp increase in prov... Read More


NexGen Management secures CARE NP BB rating, plans Rs 125 million IPO

Nepal, Jan. 30 -- NexGen Management and Equity Solutions Limited has received a CARE NP BB Double B rating ahead of its planned initial public offering (IPO). Established in 2074 BS, the company has ... Read More


More youth candidates seeking voters' trust in Madhesh, breaking past trends

Nepal, Jan. 29 -- Youth candidates are increasingly asserting the need for their representation in parliament and the government, seeking to test and validate this demand through voters' trust and con... Read More


Parbat exports oranges worth Rs 320 million this year

Nepal, Jan. 29 -- According to the Agricultural Development Office, the district produced 3,421 metric tons of oranges this year, all of which were supplied to markets. Oranges were purchased directly... Read More


Kaski-1, volatile constituency with frequently changed outcome

Nepal, Jan. 29 -- The constituency covers Madi and Rupa rural municipalities and ward nos- 10, 12, 13, 14, 26, 27, 28, 29, 30, 31 and 32 of Pokhara Metropolitan City. A total of 17 candidates are cont... Read More


Ridge Line Energy IPO to open for second phase from Feb 11

Nepal, Jan. 29 -- Ridge Line has allocated 1.18 million shares worth Rs 118.02 million for the general public. Applications for the IPO can be submitted until February 16. Ridge Line Energy is set to... Read More


Testing of Kohalpur-Surkhet 132 kV transmission line to begin Friday

Nepal, Jan. 29 -- Built under the Kohalpur-Surkhet-Dailekh 132 kV transmission line project, the line stretches from the Kohalpur substation in Banke to the Surkhet substation at Subbakuna. The projec... Read More