KATHMANDU, Jan 14: The Ministry of Physical Infrastructure and Transport (MoPIT) has been able to spend less than 20 percent of the Rs 55.96 billion allocated for building roads and bridges in the first five months of the current fiscal year. But the minister for physical infrastructure and transport, Ramesh Lekhak, does not appear serious about expediting the roads and bridges projects, instead, he is busy making trips to lay foundations stones for roads and bridges in different districts, mostly in the tarai.
KATHMANDU, Jan 5: Minister for Energy Janardan Sharma endorsed directives at midday Wednesday, opening license applications for over 150 hydropower projects in 'government reserves'. But the information had already been leaked to some hydropower developers, it has come to light.
KATHMANDU, Dec 28: Pipelines being laid down in the Kathmandu Valley to distribute water from Melamchi to consumers may be vulnerable to earthquakes of intensity greater than that of 2015 quakes, a report shows.
KATHMANDU, Dec 26: Among the five development regions in the country, the central development region is the largest royalty recipient from the hydroelectricity projects in last six years, the royalty distribution database at the Department of Electricity Development shows.
KATHMANDU, Dec 26: The government has decided to pay price of electricity to a foreign developer, even if Nepal Electricity Authority (NEA) fails to do so, giving preferential treatment to projects with foreign direct investment.
KATHMANDU, Dec 19: The estimated cost for the Devsthal-Kainadanda section of Jajarkot-Dunai road was Rs 195.4 million. The actual project cost exceeded this by Rs 88.42 million, without sufficient technical clarifications.
KATHMANDU, Dec 10: No load-shedding for a month has had a number of positive impacts in the lives of people, and industries and businesses have also felt relief from having to spend about three times more on diesel-produced electricity.
KATHMANDU, Dec 7: Technicians involved in reconstruction works have claimed that frequent changes in the provisions and policies on reconstruction, lack of adequate number of VDC secretaries and resource centers have affected the reconstruction process.
KATHMANDU, Dec 3: While the new management at Nepal Electricity Authority has received accolades from the public for reducing power cuts significantly, three members of the NEA board have opposed a number of key agenda items tabled by Managing Director Kulman Ghising at a board meeting.
KATHMANDU, Dec 1: Investment Board Nepal (IBN) has not been able to hold even a single board meeting in the past four months. Reason: Prime Minister Pushpa Kamal Dahal, the chair of the IBN board, has no time to attend the meeting.
KATHMANDU, Nov 22: Uninterrupted power supply in the Kathmandu Valley since past couple of weeks has boosted the confidence of industrialists and hoteliers. With their operating cost coming down significantly, they are already chalking out expansion plans.