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Tag Archives: NEA

Experts suggest government to enforce building code

A team of structural engineers recommended the government to strictly enforce building code as only preparing building code is not enough to save the lives in disaster. The team from the US with global expertise in disaster assessment analysing the

Consultant to clarify stand on Tanahu hydropower

The consultant of Tanahu Hydropower Project is preparing to clarify Nepal Electricity Authority (NEA) on its position on 140-MW hydel project. Nepal Electricity Authority (NEA) has last week asked the consultant to clarify its position on signing the contract for

Libertarion Bholanath Chalise passes away

Former secretary and noted economist Dr Bholanath Chalise passed away today morning at the age of 65 due to chronic diabetes and kidney problem. Dr Chalise breathed his last while at Nepal Medical College, Attarkhel. He is survived by a

Chinese company to develop 750-MW West Seti

A meeting of Investment Board Nepal chaired by Prime Minister Sushil Koirala today approved investment from a Chinese company to develop the 750-megawatt West Seti Hydropower Project. The project that is estimated to cost Rs 160 billion will now be

ADB, Norway to help Nepal overcome crippling power shortage

Norway has pledged a grant of 360 million Norwegian kroner ($60 million) for power sector to be spent under the Sub-Regional Economic Cooperation (SASEC) Power Expansion Project. The project’s lead donor, the Asian Development Bank (ADB), will administer the Norwegian

Maitighar-Tinkune road beutification for SAARC gets momentum

The Maitighar-Tinkune stretch is being equipped with street lamps powered by solar energy. Under the SAARC beautification project, government has prioritised installation of solar-powered street lamps in the major road sections from where the guests and delegates pass through. Currently,

NEA imports electricity meters, ready to distribute

Nepal Electricity Authority (NEA) has imported some 73, 450 pieces of meters from China. The metres that have arrived at Raxaul customs few days ago will be distributed after necessary test in central storage in Hetauda by mid-September, the authority

Pyakuryal to lead Nepal Economic Association

The 25th annual general meeting of Nepal Economic Association (NEA) today unanimously elected an executive committee led by Prof Dr Bishwambher Pyakuryal. Prof Dr Bhawani Dhungana and Dr Chiranjivi Nepal are elected unopposed vice presidents, whereas Gopal Prasad Tiwari has

Oldest jute mills pulls its shutter down due to government apathy

Biratnagar Jute Mills – the first industry of the country – has closed after nine months of operations as the government failed to provide subsidy to it. We are forced to close the historical jute mill in Biratnagar after the

NEA buys 35.7 per cent more power from India to reduce load-shedding hours

Despite increase import of electricity from India every year and , the scheduled load shedding hours have not gone down, especially in the dry season, according to a Nepal Electricity Authority (NEA) report. In the previous fiscal year 2013-14, the

Upper Tamakoshi gears up for public issue

Upper Tamakoshi Hydropower is soon issuing shares to the locals of Dolakha district, where the 456-Mega Watt hydropower plant is under construction. “In the first phase, the company is issuing a total of 36,006,000 units of shares to the Dolakha

Nepal Electricity Authority issues strong warning to defaulters

Nepal Electricity Authority (NEA) has asked its blacklisted customers to pay their due bill within 15 days, or face a music. “If they fail to clear their outstanding dues within a fortnight, they will be deprived of public services and

Surplus power during rainy season to be wasted

The country is likely to have an energy surplus during the rainy season after four years due to completion of some of the key power projects. By 2017 a number of major power projects will complete but the country has

CIAA files case against 14 ex-NEA officials

The anti graft body today filed case against 14 ex-Nepal Electricity Authority (NEA) staffers charging them of irregularities in procurement of transformers from China, demanding a fine of Rs 79.10 million and a compensation equivalent to the amount in line

CIAA arrests four NEA officials for irregularities

Commission for Investigation of Abuse of Authority (CIAA) – the anti graft watch dog – has arrested four officials of Nepal Electricity Authority (NEA) for their alleged involvement in irregularities while procuring transformers. The CIAA today arrested former NEA manager

Nepal Electricity Authority to develop 20-MW solar power project

Nepal Electricity Authority (NEA) is planning to develop the first solar power project – of around 20 MW capacity in two phases – with an aim to complete it by 2015 as a trial. Under the energy diversification plan, the

Load shedding hours to increase to daily 12 hours from Sunday

Nepal Electricity Authority (NEA) has increased the power cut hours effective from Sunday. A consumer will have to face 12 hr power cut a day Sunday onwards. The extra hour of mandatory power cut imposed by the authority is going

Government committed to complete Upper Tamakoshi on time

The government is committed to bring the Upper Tamakoshi hydropower into operation after mid-July 2016 as scheduled. Asking the developers today to expedite the 456- megawatt Upper Tamakoshi powerhouse construction and land acquisition to build transmission lines as soon as