KATHMANDU, March 3: Electricity supply will be temporarily halted in certain areas of Kathmandu today as well.

KATHMANDU, March 2: The Nepal Electricity Authority (NEA) has pointed out the need for an investment of US $12-13 billion in the energy sector in the next five years to enhance electricity supply for domestic consumption and cross-border electricity trade.

KATHMANDU, Feb 29: Nepal Electricity Authority (NEA) paid as high as Rs 16 per unit to import electricity from India to meet the energy demand in the dry season this year.

KATHMANDU, Feb 28: Nepal Electricity Authority (NEA) is considering a hike in electricity tariffs ranging from 10 to 15 percent.

KATHMANDU, Feb 6: Nepal Electricity Authority (NEA) has implemented a project to develop the Amarpur-Dhungesanghu 132 kV double circuit transmission line spanning from Amarpur substation at Hilihang Rural Municipality, Panchthar to Dhungesanghu substation at Maiwakhola Rural Municipality, Taplejung.

KATHMANDU, Feb 5: Kathmandu Metropolitan City (KMC) has installed 1,026 smart 'street lights' at various places in the capital city.

KATHMANDU, Feb 5: The construction of a 220 KV substation in Bahrabise Municipality, Sindhupalchok has reached its final stage. According to the Nepal Electricity Authority (NEA), the construction of the final phase of the substation is in full swing with a target of completing the work within two months.

KATHMANDU, Jan 23: The Nepal Electricity Authority (NEA) disconnected power lines to various industries on December 19, last year, disrupting regular operations for 22 days. This sudden power cut, amid the country's economic downturn, has created additional challenges, leading to significant losses incurred by both the government and industrialists.

KATHMANDU, Jan 20: The Nepal Electricity Authority (NEA), which is working on undergrounding the power lines in Kathmandu Valley, has announced a temporary halt in power distribution across various locations for four hours a day.

KATHMANDU, Jan 12:  Nepal Electricity Authority (NEA) has decided to resume power supply to industries.

KATHMANDU,  Jan 9: Nepal Electricity Authority (NEA) has given a deadline of five years to pay the arrears of dedicated and trunk lines.

KATHMANDU, Jan 8: The Nepal Electricity Authority (NEA) is preparing to disconnect power lines of more industries due to the tariff arrears dispute of dedicated and trunk lines.

KATHMANDU, Jan 8: The District Court, Sunsari, has declined to issue an interim order to restore electricity to an industry whose power supply was disconnected due to non-payment of electricity tariffs.

KATHMANDU, Jan 7: Nepal and India have held important discussions and agreed on eight various topics in the energy sector.

KATHMANDU, Dec 30: Despite Prime Minister Pushpa Kamal Dahal’s assurance to the industrialists that they do not have to pay the dues of dedicated feeders and trunk lines if they are not provided with the bill, Nepal Electricity Authority (NEA) has disconnected electricity supply to additional 14 manufacturers.

KATHMANDU, Dec 29: Nepal Electricity Authority (NEA)’s Managing Director Kulman Ghising has insisted on recovering the electricity tariff dues from manufacturers who were supplied power through dedicated feeders and trunk lines, despite pressure from those manufacturers to revoke his decision.

JHAPA, Dec 27: Solar energy production has started in Jhapa. Jhapa Energy Limited with a capacity of 10 megawatts has commenced power production from Tuesday.

KATHMANDU, Dec 27: The Nepal Electricity Authority (NEA) has confirmed before the court that it does not have any record of the Time of Day (TOD) meter.

KATHMANDU, Dec 25: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has called for the establishment of a high-powered commission to resolve disputes regarding arrears of dedicated and trunk lines of electricity.

KATHMANDU, Dec 23: The electricity supply to certain industries, persistently refusing to settle their electricity tariff dues for using dedicated and trunk lines, has been disconnected since Friday evening.

KATHMANDU, Dec 22: There are indications that the government is going to take a tough stance on the dedicated and trunk line electricity dispute, which has persisted for eight years. On Thursday, Prime Minister Pushpa Kamal Dahal directed the Ministry of Energy, Water Resources, and Irrigation to recover Rs 20 billion in arrears from the users of dedicated and trunk lines.

KATHMANDU, Dec 22: Minister for Energy, Water Resources and Irrigation, Shakti Bahadur Basnet, has said the country has moved ahead in the path of prosperity through the energy sector.

KATHMANDU, Dec 17:  With the onset of the dry season i.e. winter, there has been an increase in the demand for electricity in Nepal. The Nepal Electricity Authority (NEA) said that the demand for electricity in Nepal has also increased with the increase in the use of AC, heaters and other devices by the general public to ward off winter.

KATHMANDU, Dec 15: The Nepal Electricity Authority (NEA) has announced that electricity supply will be disrupted at various places in Kathmandu on Saturday morning.

KATHMANDU, Dec 8: Nepal Electricity Authority (NEA) has exported electricity worth Rs 12.5 billion to India in the past four months.

KATHMANDU, Dec 3: The Ministry of Finance has directed Nepal Electricity Authority (NEA) to proceed ahead with the clearance of dues related to electricity tariffs for street lamps from the respective local governments.

KATHMANDU, Nov 27: The Basantpur substation constructed in Dharmadevi Municipality of Sankhuwasabha under the Koshi Corridor 220 kilovolt (KV) transmission line project has come into operation. The 220/132/33 kV capacity Basantpur substation built at an altitude of 2,450 meters above sea level has been officially charged and brought into operation by the Nepal Electricity Authority (NEA).

KATHMANDU, Nov 22: The Nepal Electricity Authority (NEA) has started collecting street light arrears. The NEA has asked the local level authorities to settle their dues within a week and to install meters for street lights.

KATHMANDU, Nov 13: On the day of Laxmi Puja of Tihar this year, the electricity demand in the country has been recorded as 1,438 megawatts. The Nepal Electricity Authority (NEA) has stated that the demand has increased by 133 megawatts compared to last year at 6PM on Sunday, the day of Laxmi Puja.

KATHMANDU, Nov 5: Three transmission lines connecting Nepal to India are under construction at the same time. Among the three international transmission lines, the work of the Dhalkebar-Sitamarhi 400 KV capacity international transmission line of the Arun-III hydropower project is currently underway, while the construction of the other two transmission lines has also begun.

KATHMANDU, Nov 3:  Nepal Electricity Authority (NEA) has taken stringent action against defaulters for their failure to pay electricity tariffs.

KATHMANDU, Nov 3: The concerned authorities have inaugurated two power distribution substations, each of 33/11 kV capacity, in Nuwakot and Rasuwa districts. The substations were constructed under the Nepal-Germany Economic Support Programme.

KATHMANDU, Nov 2: The Asian Development Bank (ADB) has expressed its commitment to invest in the 635-megawatt Dudh Koshi reservoir type hydropower project.

KATHMANDU, Nov 1: The Nepal Electricity Authority (NEA) is going to make the electricity flowing in the industrial corridors located in Morang and Sunsari districts of Koshi Province reliable. The NEA has claimed to improve the transmission and distribution of current lines, build new lines, upgrade the capacity of substations and proceed with the construction of new substations in order to provide reliable and quality electricity to industrial and other customers in that area.

KATHMANDU, Oct 28: As the arrears of electricity tariffs to be collected from consumers are increasing, the Nepal Electricity Authority (NEA) is preparing to speed up the work of disconnecting the power supply of such consumers.

KATHMANDU, Oct 18: Minister for Energy, Water Resources and Irrigation, Shakti Bahadur Basnet has directed Nepal Electricity Authority (NEA) to ensure regular power supply during the upcoming festivals such as Dashain, Tihar, Nepal Sambat and Chhath.

NEA to issue IPO at premium

October 16, 2023 16:42 pm

KATHMANDU, Oct 16: Nepal Electricity Authority (NEA), which is going to issue Initial Public Offering (IPO) at a premium price, has been granted a ‘Double A Plus’ credit rating for its operations in Nepal.

KATHMANDU, Oct 16: Nepal Electricity Authority (NEA) has, this year too, received the 'Double A Plus' credit rating.

KATHMANDU, Oct 9: Disputes between the Nepal Electricity Authority (NEA) and the local governments regarding street light tariff and land use have erupted again. According to the NEA, by the end of June of the fiscal year 2022/23, the tariff for electricity used by local governments for purposes such as street lights has reached a whopping Rs 6.0894 billion but the local governments have been dilly-dallying to pay the fee.

KATHMANDU, Oct 8: Nepal Electricity Authority (NEA) has released a list of local authorities that have electricity tariff dues. The NEA has urged around 300 of the local governments to settle their unpaid street light electricity tariffs. There are a total of 753 local governments across the country.

KATHMANDU, Oct 3: Nepal Electricity Authority (NEA) has called the promoters of hydropower projects for the Power Purchase Agreement (PPA).

MYAGDI, Sept 24: Fourteen years into construction, the 40-megawatt-capacity Rahughat hydropower project has achieved 60 percent progress in its construction work. The construction of the project started in 2066 BS by the Nepal Electricity Authority (NEA) with a concessional loan of USD 67 million from the Export-Import Bank of India (Exim Bank) and joint investment of the NEA and the Government of Nepal.

KATHMANDU, Sept 24: A deadline has been set for the completion of the construction of the Chilime-Trishuli 220 kV transmission line and substations by mid-January next year. The Chilime-Trishuli 220 kV transmission line project is aimed at supplying electricity to the hydropower projects both under construction and planned along the Trishuli River and its tributaries.

KATHMANDU, Sept 22: The Ministry of Energy, Water Resources and Irrigation has set a target of 1,500 units of energy consumption per capita in the next 12 years, i.e. by 2035. The ministry has barely doubled the per capita energy consumption during the last seven years. However, in the next 12 years, it has set an ambitious target of increasing electricity consumption by four folds.

KATHMANDU, Sept 21: Nepal Electricity Authority (NEA) exported power worth over Rs 5.43 billion to India in the first two months of the current fiscal year 2023/24.

KATHMANDU, Sept 17 : After the onset of the rainy season, Nepal has been selling electricity worth Rs 110 million on a daily basis to India.

KATHMANDU, Sept 16: A Power Purchase Agreement (PPA) has been signed for the 20.73 MW Jaldigad hydropower project to be built in Rukum East. The project promoter Sangrila Hydropower Pvt Ltd and Nepal Electricity Authority (NEA) signed a PPA on take and pay model for 6 months of winter and 6 months of rainy season.

KATHMANDU, Sept 16: The Nepal Electricity Authority (NEA) has once again extended the deadline for payment of the disputed tariffs related to dedicated and trunk lines.

KATHMANDU, Sept 11: Prime Minister Pushpa Kamal Dahal has directed Nepal Electricity Authority (NEA) not to stop electricity supply to the industries until the dispute over the tariff related to dedicated feeder and trunk line is resolved. He said a study is being carried out to resolve the dispute over the tariff.

KATHMANDU, Sept 10: Two electric vehicle (EV) charging stations have come into operation, one each at the Kalika Fuel Centre in Pokhara and the APF Welfare Service Centre in Pokhara.