KATHMANDU, June 9: The government has defended its controversial decision to hike the taxes on electric vehicles, arguing that it had to revisit the tax rates and electricity tariffs to finance Rs 11.62 billion that the budget has announced in subsidies to the electricity users.
In the midst of every crisis, lies a great opportunity and every crisis adds courage. The world is dealing with an unprecedented health, economic and social crisis in a century. Health systems and businesses are being challenged. The power sector has been hard hit, as demand has fallen globally. Europe’s power prices have collapsed at the heart of the crisis, even turned negative in some countries.
KATHMANDU, June 4: 1.25 MW of electricity generated from Nepal’s biggest solar energy plant that is being constructed by Nepal Electricity Authority (NEA) in Nuwakot has been connected to the national grid from Wednesday.
KATHMANDU, May 25: As the Nepal Electricity Authority (NEA) has stepped up efforts to revise the electricity tariff rates stating that the new rates will reduce the cost burden on household consumers, the private sector has criticized the new rates arguing that they will adversely affect the growth of the industrial sector.
KATHMANDU, April 4: The Nepal Electricity Authority (NEA) has earned a profit of Rs 10.67 billion in the fiscal year 2018/19. According to the Nepal Financial Reporting Standards (NFRS), the organization has earned the profit including Rs 855 million in comprehensive income. According to the final audit done by the Office of the Auditor General, the NEA has earned profit of Rs 9.81 billion in the FY 2018/19. NEA has now become the highest profit-making organization amongst the public organizations in operation. However, the cumulative loss of the NEA now stands at Rs 12.23 billion.
BUTWAL, Feb 29: Entrepreneurs of Rupandehi have warned of protest after the Nepal Electricity Authority (NEA) issued a 35-day notice to submit the dues stating that the entrepreneurs of the Butwal-Bhairahawa industrial corridor were supplied electricity through the trunk line.
KATHMANDU, Feb 21: Kaligandaki 'A' hydropower station at Mirmi, Syangja, Nepal's biggest half-reservoir hydropower project, has been shut down for three days from today for repair and maintenance, said the Nepal Electricity Authority.
KATHMANDU, Feb 18: The Nepal Electricity Authority (NEA) has started its first phase of the underground electricity distribution system by laying underground power wires in Kathmandu. The first phase of the project will begin with works in areas under Ratnapark and Maharajgunj distribution center.
KATHMANDU, Feb 17: Nepal Electricity Authority (NEA) has reduced the electricity leakage by 9.75% in the first six months of the current fiscal year, down from 11.28% that persisted in the last fiscal year. The NEA set a target to reduce electricity leakage to 8.5% in this fiscal year.
RASUWA, Dec 22: The government of China has agreed to purchase electricity produced in Nepal. During a joint technical meeting between Nepal Electricity Authority (NEA) and State Grid Corporation of China (SGCC) on Saturday, the Chinese government has signed an agreement to purchase electricity from Nepal after the construction of Nepal-China cross-border transmission line. The SGCC is the state-owned electric utility monopoly of China.
RASUWA, Nov 17: The Upper Trishuli 3A Hydropower Project is starting commercial generation of electricity from Monday. The project is starting commercial generation after eight and a half years of initiation of the project.
KATHMANDU, Nov 17: Nepal Electricity Authority (NEA) is planning to add new transformers as a strategy to increase the power consumption. The NEA came up with such plan to maintain the electrical load to 50% to let the consumers use as much electricity as they need.
KATHMANDU, Nov 14: Nepal Electricity Authority (NEA) is mulling a hike in electricity tariff at a time when the government is trying to reduce fuel imports and check the ever-widening trade deficit through increased production and use of electricity.
KATHMANDU, Nov 7: The Electricity Regulatory Commission has drafted a directive to streamline fixing of electricity tariff by Nepal Electricity Authority (NEA), amid ongoing scuffle between the state-owned power utility and industrialists on the rationale of paying premium charge dues on commercial use of electricity.
KATHMANDU, Nov 3: Managing Director of the Nepal Electricity Authority (NEA) Kulman Ghising has urged the private sector to join hands with the NEA in its efforts to maintain energy efficiency effectively.
KATHMANDU, Oct 20: Nepal Electricity Authority (NEA) is planning to sign performance agreement with its staff to control power leakage and bring improvements in the service delivery and customer service.
For the first time in its history, Nepal looks poised to realize its famed hydro power potential.
Load shedding [grid blackouts] has ended. Nepal Electricity Authority (NEA), the national power utility, is profitable. There is a strong pipeline of new hydropower plants. Rural electrification is expanding rapidly. This newfound confidence has led Government to double its generation plans for the next decade from 10,000 MW to 20,000 MW.
KATHMANDU, Sept 13: With the rising number of electric vehicles on the streets of Kathmandu, Nepal Electricity Authority (NEA) is planning to instal 50 charging stations for electric vehicles across all seven provinces within a year and a half.
Kanchanpur, June 9: A powerful storm that hit the Kanchanpur district in Far West State, with its neighbour Kailali, a few days ago, caused a loss of over Rs 7.5 million to the Nepal Electricity Authority. As it largely damaged electric poles, cables and transformers there.
KATHMANDU, April 21: When it comes to proper management and timely completion, solar power projects of the country are no better than hydropower projects. The government’s plan to generate 51 MW electricity by harnessing solar power is most likely to be mired in delays and deadline extensions.
KATHMANDU, April 18: Two 'sick' hydropower projects being developed by Nepal Electricity Authority (NEA) are on the last leg of construction. Nepal Electricity Authority (NEA) has said that Kulekhani III and Upper Trishuli 3A will start power generation by mid-July.
KATHMANDU, April 8: Work on Koshi Corridor Transmission Line has resumed after the Nepal Electricity Authority (NEA) has resolved differences with the locals of Dharan Sub-Metropolitan City.
According to officials of the power utility, the local unit now has no objection over building transmission line on the route finalized by the NEA.
KATHMANDU, March 14: Minister for Energy, Water Resources and Irrigation Barsaman Pun has assured the private sector of a viable energy market, at a time when the country’s independent power producers (IPPs) are not so confident about the market.
KATHMANDU, Jan 19: Kulman Ghising, Managing Director of Nepal Electricity Authority, has been felicitated for his significant work to resolve the acute power crisis ailing the country for over a decade.
KATHMANDU, Dec 19: Dharan sub-metropolis has obstructed the work of Koshi Corridor Transmission Line, claiming that the double circuit 220 KVA line will damage the potential of paragliding from Chundanda. The local body is also not happy that the 105-kilometer-long line passes through Gorkha Park.