Economy

NEA begins performance evaluation agreement with officials

Kathmandu / Dec 24: Nepal Electricity Authority (NEA) has begun performance evaluation agreement with officers to upgrade the quality in service provided by the organization. NEA will start its first phase agreement with the staffs of Direct Customer Service (DCS) department. The first agreement was made between Managing Director Kul Man Ghising and Biratnagar Regional […]


Rasuwa produces cheese worth Rs 59 million

Rasuwa / Dec 15: Cheese (yak) around Rs 59 million was produced in the past seven and half months in Rasuwa, a mountainous district. Such an amount of cheese was produced from four cheese production centres based in different locations. Cheese production centres based in Chandanbari, Gatlang, Langtang and Dhunche witnessed an increase in the […]


WB approves USD 80 million loan

Kathmandu / Dec 8: The World Bank has approved a US$80 million (approximately 8 billion rupees) loan for a Livestock Sector Innovation Project. The project will support the objectives of the Government of Nepal’s Agriculture Development Strategy (ADS, 2015) which underpins the role of livestock for sustained agriculture and economic growth, poverty reduction, and improving […]


Chilime’s power supply restores

Rasuwa / Dec 7: Power generation from the Chilime Hydropower Project which had stopped from Wednesday afternoon has now been restored. The power generation from the 22 MW-capacity hydel project had stopped after the problems in the power transmission line. The power supply has been restored after fixing the problem with the power transmission tower, […]


Stakeholders stress better connectivity to bring more tourists to Lumbini

Kathmandu / Nov. 30: Tourism stakeholders of Lumbini have stressed the need to enhance connectivity and ensure smooth and hassle-free services at Nepal-India border for bringing more foreign tourists to Lumbini – birthplace of the Buddha – via India. Speaking at an interaction organized in Lumbini on Wednesday by Association of Buddhist Tour Operators (ABTO), […]


Govt officials discuss projects under BRI

Kathmandu / Nov 25: The high-ranking government officials have held discussions regarding the projects to receive assistance from China under the Belt and Road Initiative (BRI) agreement. Nepal joined the BRI in May 2017. A meeting of the Project Development and Facilitation Committee formed to implement the agreement on BRI assistance held discussions for the […]


Construction of main tunnel of Upper Tamakoshi Hydel Project completed

Dolakha / Nov 19:The construction works of main tunnel of the Upper Tamakoshi Hydroelectricity Project has been completed this morning. High level officials including Energy Secretary Anup Kumar Upadhyaya and Nepal Electricity Authority Executive Director Kulman Ghising witnessed the completion of the construction works. The project has made a 92 per cent progress with the […]


Surya Nepal declared highest tax-paying company of the year

Kathmandu / Nov 17 : Surya Nepal P. Ltd has been declared as the highest tax paying company of the fiscal year 2016/17. Inland Revenue Department has feted the company as the highest tax paying company at a program organized in the capital on the occasion of Sixth National Tax Day on Friday. Surya Nepal […]


China Three Gorges Corporation and NEA agree to construct West Seti Hydropower Project

Kathmandu / Nov 16: The China Three Gorges Corporation (CTGC) and Nepal Electricity Authority (NEA) have signed an agreement to jointly invest in the West Seti Hydropower project. NEA executive director Kulman Ghising and CTGC representative signed on the agreement paper on Thursday. The planned West Seti Hydropower Project will be one of the largest […]


SEBON urges clients not to operate more than two DMAT accounts

Kathmandu / Nov 16: Securities Board of Nepal (SEBON) has urged the sides concerned not to operate more than two DMAT accounts. Issuing a notice today, SEBON urged the concerned clients to immediately correct their actions who are found to operate more than two DMAT accounts. SEBON cautioned the clients that there is a provision […]




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