Hari Prasad Sharma

The contributor for Republica.
news@myrepublica.com

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

Published On: April 28, 2024 10:00 AM NPT By: Hari Prasad Sharma

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.

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Govt yet to pay Rs 60 billion to contractors

Published On: April 27, 2024 10:30 AM NPT By: Hari Prasad Sharma

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 under construction and Rs 20 billion for projects completed as of the last fiscal year.

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EVs adoption in Nepal surge in Nepal with government support measures

Published On: April 27, 2024 09:30 AM NPT By: Hari Prasad Sharma

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 make the environment pollution-free.

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Private sector leads hydropower generation over government

Published On: April 20, 2024 10:15 AM NPT By: Hari Prasad Sharma

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 Electricity Authority (NEA) as of mid-March, the private sector leads in electricity production compared to the government.

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Govt fails to adopt podway technology despite its potential in Nepal

Published On: April 16, 2024 06:10 PM NPT By: Hari Prasad Sharma

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 arrangements and studies to introduce podway technology, considered suitable for making pollution-free, fast, and congestion-free public transport, have not been made.

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Persistent delays plague road projects by Indian construction companies

Published On: April 14, 2024 09:15 PM NPT By: Hari Prasad Sharma

KATHMANDU, April 14: Under-construction road projects undertaken by Indian construction companies are facing significant delays. This is particularly true for projects contracted to joint ventures (JVs) between Nepali and Indian firms.

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Construction of major road projects undertaken by Chinese companies faces inordinate delays

Published On: April 6, 2024 08:45 AM NPT By: Hari Prasad Sharma

KATHMANDU, April 6: Chinese construction companies have been delaying the construction of significant and strategically important road projects in Nepal, with several issues arising in road projects contracted to Chinese firms.

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Preparations underway to build new headwork for Melamchi Project

Published On: March 31, 2024 08:43 PM NPT By: Hari Prasad Sharma

KATHMANDU, March 31: The government has initiated a study for the construction of the main headwork and diversion structure of the Melamchi Water Supply Project at Sarkathali.

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NEA sold Rs 15 billion worth of electricity in one year

Published On: March 31, 2024 04:40 PM NPT By: Hari Prasad Sharma

KATHMANDU, March 31: Nepal Electricity Authority (NEA) has exported electricity worth Rs 15 billion in the last year.

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NEA aims to generate additional 950 mw of electricity this year

Published On: March 31, 2024 08:00 AM NPT By: Hari Prasad Sharma

KATHMANDU, March 31: The Nepal Electricity Authority (NEA) has projected that the country will produce 950 MW of electricity in the current fiscal year 2023/24. The NEA is expecting 51 hydropower projects of varying capacities, both small and large, to be completed in this period, leading to the production of additional electricity.

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Unannounced load shedding hits industrial sector in Nepal

Published On: March 30, 2024 08:30 AM NPT By: Hari Prasad Sharma

KATHMANDU, March 30: With the onset of winter, electricity production in hydropower projects across the country has begun to decline. The reduced flow of water in rivers during the dry season has led to a decline in power generation and the reintroduction of load shedding in the industrial sector. In response to the unannounced load shedding in industries, the government is preparing to import more electricity from India, having received permission to import 554 MW of electricity.

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Nagdhunga tunnel construction faces another year of delay

Published On: March 28, 2024 06:20 PM NPT By: Hari Prasad Sharma

KATHMANDU, March 28: The Nagdhunga tunnel project, currently under construction, is facing another year of delay before becoming operational. The project, initially delayed due to the COVID-19 pandemic and continuous local disruptions, is now expected to take an additional year.

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