NEA Reduces Electricity Loss To 15.45 Percent In Five Months

Kathmandu,Feb 06:After his appointment of Managing Director of Nepal Electricity Authority (NEA), the first announcement Kul Man Ghising made was to reduce the high electricity loss. Two years ago, the electricity loss was 25.78 percent, With various steps taken by MD Ghising, the loss has come down to 15.45 percent now. Last year, it was 18. 5 percent. As NEA MD Ghising took several steps including campaign against electricity theft, strict direction for collection of due among, installation of...

Nepal has moved towards digitisation and e-governance:PM

Kathmandu, January 31 Prime Minister KP Sharma Oli has said that the country has already moved ahead towards digital Nepal, e-governance and paperless technology. Inaugurating the High Definition (HD) broadcasting of four channels of Nepal Television on the occasion of 34th anniversary of the state run TV station today, Prime Minister said that agriculture, industry, tourism, infrastructure development, energy, education and health sectors of Nepal would be modernised. The Prime Minister said, “Nepal has been moving one step ahead...

Kathmandu, Pokhara and Sauraha restaurants remove 10% service charge

Kathmandu, January 29 Restaurants in Kathmandu, Pokhara and Sauraha–three popular tourist destinations of the country–have decided to remove 10 per cent service charge from their customers’ bills. A meeting of representatives of restaurateurs held in Kathmandu on Monday made the decision. The Restaurant and Bar Association Nepal (REBAN) had taken an initiative for the meeting. The decision, however, will not be implemented at all restaurants and bars at once immediately, according to the organisation. REBAN says the decision will...

PM seeks international community’s help to make investment conference successful

Zurich (Switzerland), Jan 25 : Prime Minister KP Sharma Oli who is presently in Switzerland in course of attending the World Economic Forum’s annual meeting- 2019 has called on the international community to help make the ‘Investment Conference’ Nepal is hosting on March 29-30 successful. The Prime Minister was speaking at a reception organized in his honour by the Geneva-based Nepal’s Permanent Mission to the UN. He called on Nepali diaspora to be clear that Nepal was moving towards a positive...

88,000 trees to be chopped down for Nepal-India petroleum pipeline

Birgunj, January 24 More than 88,000 trees are likely to be chopped down for the construction of the Nepal-India petroleum pipeline. Government officials have informed that total 88,163 trees will be cut down between Amalekhgunj and Pathalaiya of Bara district, in the forest area protected by Parsa National Park. The Ministry of Forest and Environment says a Cabinet meeting held last week approved the Ministry’s request to fell the trees. The Cabinet has assigned Timber Corporation of Nepal to...

Nepal, India energy officials’ joint meeting begins in Pokhara

Kathmandu, January 23 A meeting of the joint committee comprising energy and water resources officials of Nepal and India has begun in Pokhara on Wednesday. It is the sixth meeting of the committee comprising secretaries and joint secretaries of the concerned departments. During the meeting, Nepal will float a proposal that it will ‘book’ the new Butwal-Gorakhpur 400KV intercountry transmission line for its own use for next seven years, according to the officials at the Ministry of Energy, Water...

Telecom companies yet to pay Rs 3 billion revenue

Kathmandu, January 20 Various telecommunication companies of the country have to pay Rs 3 billion in revenue to the government from previous years till mid-January, according to officials. Nine companies have to pay Rs 2.967 billion to the government and consequently, they have been barred from importing foreign equipment and currencies for their operation, according to Purushottam Khanal, acting chief of Nepal Telecommunications Authority. Khanal says the regulatory body has been sending letters to the companies almost every month,...

Oli lays foundation stone for dry port at Chobhar

Kathmandu,Jan 17– Prime Minister KP Sharma Oli has laid the foundation stone for a dry port at Chobhar, Kathmandu, today. On the occasion, Prime Minister Oli said that the dry port would help link country’s international trade network.  He also expressed the belief that it would also help export domestic products following its construction. The dry port is going to be constructed with the purpose of storing goods imported from other countries as well as goods to be exported to...

55 Nepalis have illegal investments abroad

Kathmandu,Jan 17:Though existing national laws bar Nepalis from investing abroad, as much as 55 Nepalis have invested in foreign companies illegally, according to the report. The newspapers say the list includes political leaders, former lawmakers, businesspersons, professors and those whose names were not heard in any of the fields. The list includes founder of the Non-Resident Nepalis Associatoin Upendra Mahato, controversial businessperson Ajeya Raj Sumargi and FNCCI Vice President Chandra Prasad Dhakal among others. Meanwhile, Nepalis have deposited Rs...

US to fund NGOs working for Tibetans

Kathmandu,Jan 14:The US government has announced plans to fund NGOs working for Tibetan communities through the Asia Reassurance Initiative Act. The report says that the Act, approved by Congress in early December and signed by President Trump on New Year’s eve, recongises India as a major defence partner in the Indo-Pacific region. The paper says that the legislation paves the way for the government to provide funding to NGOs working to preserve Tibetan culture in India, China and Nepal. The report...

FreeCurrencyRates.com

© 2016 The Himalayan News. All Rights Reserved...