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ECONOMY

Four industries pay outstanding dues for dedicated and trunk line electricity

The industries paid the first installment of the owed amount to the Nepal Electricity Authority (NEA).
By REPUBLICA

KATHMANDU, Nov 4: Four industries operating in Rupandehi, which had consumed electricity through dedicated and trunk lines, cleared their outstanding premium dues on Monday. The industries paid the first installment of the owed amount to the Nepal Electricity Authority (NEA).



According to NEA Managing Director Manoj Silwal, Panchakanya Plastic Industry, Panchakanya Steel Industries, Siddhartha Pet Plant and Shyam Plastic paid their first installment of the outstanding premium. He said that after payment of the first installment, electricity supply—which had been disconnected—has now been restored for these industries.


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Silwal informed that the dues were related to premium charges for the use of dedicated and trunk lines between January 2016 and April 2018.


As per NEA, Panchakanya Plastic owed Rs 2.463 million, Panchakanya Steel Rs 5.219 million, Siddhartha Pet Plant Rs 18.3 million, and Shyam Plastic Rs 4.91 million. The outstanding amount has been divided into 28 installments, and the industries have now paid the first installment.  


 

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