KATHMANDU, Nov 23: Minister for Energy, Water Resources and Irrigation, Shakti Bahadur Basnet, has said the government has been taking planned and meaningful initiatives for the overall development of the country's energy sector.
KATHMANDU, Nov 3: The Government of Nepal and donor agencies have pledged to expedite the construction of the 1,161-megawatt Upper Arun Hydropower Project based at Bhotekhola Rural Municipality of Sankhuwasabha district.
Myagdi, Aug 17: Hydropower projects have been affected due to the frequent obstruction of the Beni-Darbang road following landslides. As a result of road obstruction, the supply of construction materials and fuel has been affected thus leading to disturbances in the projects, it has been said.
KATHMANDU, June 3: A total of nine hydropower companies have been waiting to receive approval of the Securities Board of Nepal (Sebon) to issue their initial public offerings (IPOs) worth Rs 1.982 billion.
Based on the experiences of the landlocked countries, for rapid transformations of the economy and national development of Nepal, hydropower and tourism are undoubtedly the two strong development pillars.
KATHMANDU, Feb 27: Mai Khola Hydropower Limited is issuing ordinary shares to the public from March 9. The company is going to open the initial public offering (IPO) sale for the residents of the project-affected areas and Nepalis who are employed abroad.
The growing interest of neighboring investors in Nepal’s hydropower reaffirms that energy is an area where all the countries of South Asia have much to gain through cooperation, and Nepal’s surplus electricity would fulfill their power demands at a considerable level. It would support transforming Nepal’s economy in a new horizon by fulfilling Nepal's dreams of earning hydro dollars.
KATHMANDU, Dec 6: Private hydropower companies say they incurred losses of Rs 1 billion due to the reluctance of Nepal Electricity Authority (NEA) to procure the electricity produced by the private power producers.
KATHMANDU, Nov 10: The construction work of 439 MW Betan Karnali Semi-reservoir Project, which is being constructed under leadership of the Employees Provident Fund (EPF), is all set to start from next year.
KATHMANDU, August 28: Saying that some “fake” developers were holding licenses for hydropower projects worth some 1,600 MW but doing nothing in terms of power production, the government has said it will scrap such licenses as the developers have shown apathy to build these projects.
KATHMANDU, August 24: The Agriculture, Cooperative and Natural Resources Committee under the House of Representatives has directed the government agencies concerned to immediately implement the recommendations made by the on-site monitoring report of Tanahun Hydropower Project and Rahuganga Hydropower Project.
KATHMANDU, July 20: The government issued new licenses, including permits for survey and construction, to 56 hydropower companies that have planned to produce 1,587 MW of electricity in total, in the fiscal year 2021/22.
LUMBINI, May 16: A bilateral meeting between Prime Minister Sher Bahadur Deuba and his Indian counterpart Narendra Modi to be held here this afternoon would focus on the construction of hydropower projects, development of physical infrastructure of Nepal and expansion of connectivity.
Gandaki Province counts on the recently-built international airport in Pokhara, under-construction roads connecting it to the country's both southern and northern neighbors, hydroelectricity projects in different parts of the province, and its immense tourism potential to embark on the journey to prosperity.
Enduring long hours of load-shedding everyday for over a decade, Nepal became free from the problem of power blackout only a couple of years ago. And today, perhaps for the first time in its history, the country produces 2150MW of electricity, against the present peak demand of around 1500 MW. This has heightened the country’s hydro hopes in terms of both domestic consumption and exporting the surplus power to neighboring India and Bangladesh – the best way to address the perennial problem of widening trade deficit.
KATHMANDU, March 9: An additional 27 megawatt of hydroelectric power will be added to the national grid by April-end this year with the Dordi Khola Hydropower Project (DKHP) reaching almost the final stage of completion of its construction.
KATHMANDU, March 9: Work on the 37 MW Upper Trishuli 3B Hydropower Project under-construction in Rasuwa and Nuwakot under the People's Hydropower Program has gained momentum. The overall physical construction progress of the project, which has been affected by the COVID-19 pandemic, has reached 58 percent so far.
KATHMANDU, March 4: The production by hydropower projects in Ilam and Panchthar districts has declined by more than half. The production has decreased by more than half as the water level in the rivers in the district has receded in winter.
KATHMANDU, May 23: The Likhu-4 Hydropower Project has witnessed some serious damage in its structure at a time when the project is all set to start a production test, raising questions on the quality of work in the engineering of the hydropower projects being constructed by some private companies.
KATHMANDU, Jan 20: Foreign investors have pledged an investment of Rs 515 billion in projects related to the hydropower and energy sector. But the stakeholders have failed to bring in the investment as pledged by foreign investors.
MAKAWANPUR, Aug 22: The Kulekhani Third Hydropower Project is generating 14-MW electricity before Dashain festival that falls on early weeks of October. The project being constructed at Bhimphedi rural municipality-1, Sanotar in Makawanpur is contributing 14-MW to the national grid.
KATHMANDU, Aug 10: Expanding its various business ventures under its welfare activities, the Nepal Army (NA) is preparing to run pharmaceutical companies in the near future, a top army official said on Friday. Brigadier General Sagar Bahadur KC, who heads the Welfare Planning Directorate of Nepal Army, said they are currently making necessary preparation to establish such companies to manufacture vital medicines within the country.
SINDHUPALCHWOK, July 8: Two construction workers went missing while two others sustained injuries due to floods triggered by incessant rainfall in Sindhupalchok district on Saturday night. The injured workers -- Kami Tamang and Pembathokel Sherpa, who were rescued using the long line technique -- were airlifted to Kathmandu for further treatment.