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Indian govt allows NEA to purchase electricity under free market mechanism through energy exchange market
Published On: April 16, 2021 07:30 AM NPT By: Republica
KATHMANDU, April 16: Nepal Electricity Authority (NEA) can now access the Indian market to purchase electricity at competitive prices set by the free market, with the Indian government incorporating the power-utility authority of Nepal as a member of NTPC Vidyut Vyapar Nigam Ltd, India.
Stock market sees increase in volumes as Nepse hits all time high
Published On: April 15, 2021 07:28 PM NPT By: Republica
KATHMANDU, April 15: The benchmark Nepal Stock Exchange (Nepse) opened in green note and rose 39 points till mid-day. Then after the equity market witnessed some correction but still managed to trade in positive side of spectrum for the rest of the session. At the close, Nepse went up by 20.61 points on the first trading day of the year to close at all-time high of 2735.40.
Govt rolls back quota permits on import of peppercorns, peas, dates and betel nuts in just two weeks of enforcing the rule
Published On: April 15, 2021 07:10 PM NPT By: Republica
KATHMANDU, April 15: The government scrapped its earlier decision to allow the import of peppercorns, peas, dates and betel nuts, following concerns from various quarters on the possible ‘policy corruptions’ by the top government officials.
Efforts at digitizing government services in current federal set-up
Published On: April 15, 2021 06:42 PM NPT By: Santosh Ghimire
Information and communications technology (ICT) has been taken as a key driving force in transforming the traditional Nepali society into a knowledge-based society. Successive governments in Nepal have envisaged that the goal of prosperity will also be achieved through the optimum utilization of advanced technologies.
Falgunanda Sukilumba Airport ready for operation
Published On: April 15, 2021 11:45 AM NPT By: Bhim Chapagain
ILAM, April 15: The Falgunanda Sukilumba Airport in the district headquarter of Ilam is ready for take-offs and landings.
Elephants being sold to India after tourists dry up in Chitwan
Published On: April 15, 2021 11:42 AM NPT By: RSS
CHITWAN, April 15: Private elephants kept for providing jungle safari services to tourists are now on verge of collapse.
Increasing budget transfers raise concern over govt’s commitment to maintain fiscal discipline
Published On: April 15, 2021 07:30 AM NPT By: Republica
KATHMANDU, April 15: Three years ago in July 2018, the two-thirds majority government led by Prime Minister KP Oli announced that it would not make any budget transfer until the third or last trimester in order to maintain fiscal discipline.
NEA signs agreement for construction of electric charging stations
Published On: April 14, 2021 12:20 PM NPT By: Republica
KATHMANDU, April 14: Nepal Electricity Authority (NEA) has signed an agreement with a Chinese contractor for the supply, delivery, installation, testing, commissioning, operation and maintenance of electric vehicle charging stations at 50 locations in the country’s seven provinces.
22-storey Dharahara to be inaugurated on April 24
Published On: April 14, 2021 12:18 PM NPT By: Republica
KATHMANDU, April 14: Dharahara, which is considered a historical heritage of the Kathmandu Valley, is being inaugurated on April 24. Prime Minister KP Sharma Oli has instructed the contractor company to complete the work of the tower within April 24 with the aim of inaugurating it soon.
NOC enforcing advanced tracking system to check leakage during distribution of petroleum products
Published On: April 14, 2021 06:30 AM NPT By: Republica
KATHMANDU, April 14: Nepal Oil Corporation (NOC) is implementing the enterprise resource planning (ERP) in its working mechanism from Friday. This is aimed at ending the existing leakage in the distribution of petroleum products.
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