Hari Prasad Sharma

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 transmission line was not completed on time. As a result, the electricity generated by the project has...

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 uncertain. Even after more than two decades since the discussion of the outer ring road started, the governme...

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 lack of explosives has brought many construction projects to a standstill.

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 of capital is needed to produce electricity to meet this target.

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 inquiry commission, formed under the coordination of former Supreme Court Justice Girish Chandra Lal...

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.

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.

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.

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...

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, f...