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ECONOMY

Tribeni Synthetic pays electricity dues

The industry paid the first installment to the Nepal Electricity Authority on Thursday.
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By REPUBLICA

KATHMANDU, Nov 7: The Triveni Synthetic Yarn Industries based in the Bara-Parsa industrial corridor has paid the first installment of the electricity dues under the dedicated and trunk lines.



The industry paid the first installment to the Nepal Electricity Authority on Thursday. Subsequently, the power supply to the industry which was disconnected on October 21 has been resumed from the same day, said Manoj Silwal, Executive Director of the NEA.


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Tribeni Synthetic is entitled to pay at least Rs 43.983 million in power tariff dues to the state-owned Nepal. As per the latest agreement, the Industry will pay all its dues divided into 28 installments. 


As the first installment, the industry has paid Rs 1.571 million.


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