Nepal hydropower needs Rs 800 billion in next 10 years

Kathmandu,Dec 24:A government study shows Nepal needs as much as Rs 800 billion to develop hydropower sector in next 10 years. The study held under the leadership of National Planning Vice-Chairman Swarnim Wagle finds that around 180 hydropower projects will be constructed across the country in next 10 years and Nepal will produce 11,396 megawatt electricity in total, according to the lead story in Karobar.

Tyre industry at a cost of Rs 500 million

Pathari, Dec 21 (RSS): Bishal Group has run a tyre industry at a cost of Rs 500 million with a partnership of Eicher Group India. The industry established at Katahari of Morang would start its commercial production after three weeks. Industry employee Binit Singhaniya said that four types of tyres – tyres for tractor, motorcycle, scooter and e-rickshaw – would be manufactured. The industry has been spread on three bighas of land. The industry has set a target to...

Chinese investors eye Nepal’s herbs to challenge India’s Ramdev

Kathmandu, December 21 A group of 20 Chinese investors are all set to launch an ambitious project to collect, cultivate and process medicinal herbs in Makawanpur district of central Nepal. The group is investing Rs 1.76 billion (equivalent to around USD 17.6 million) to launch a herbal cultivation project and establish a processing industry and produce medical and cosmetic items. This is the biggest amount of foreign investment in Nepal’s herbal processing industry, officials at the Department of Industry...

Fire in gas plant kills two fire fighters, injures six in Birgunj

Birgunj, Dec 20 (RSS): Two people were killed and six others injured when a deadly fire broke out at the Super Gas Plant based in Patelnagar of Raghunathpur in Birgunj Metropolis-22 this morning. The deceased are the fire fighters from the Birgunj Metropolis Office who reached the site to douse the inferno. They were engulfed by the deadly flames while trying to take it under control. They are identified as Madhusudan Mishra and Yadav Prasad Adhikari. Six people including...

Honey production up in Dang

Dang, Dec 19 (RSS): Honey production has increased this year as compared to previous year in Dang district. According to Dang Chairman of Federation of Nepal Beekeepers, Bishnuraj Shrestha, honey production increased by 100 tonnes this year as compared to previous year. A total of 320 tonnes of honey was produced this year. Chairman Shrestha said that bee keeping farmers harvested honey up to three times this year. According to the Federation, there are 15,000 beehives in the district...

Budhi Gandaki Hydro-Power Project Expected To Cost 2 Trillions

Dec 19:The draft to produce estimated cost of constructing Budhi Gandaki Hydro Power has been submitted to the government. A committee formed by Prime Minister Sher Bahadur Deuba was assigned to prepare the draft. The team submitted the report to Deputy Prime Minister and Minister of Energy, Kamal Thapa this Monday. Earlier, Pushpa Kamal Dahal had signed this contract with the chinese company during his premiership but it was later dismissed by Deuba’s Government . After reassigning the contract to the...

Mahayagya collects around Rs 1.9 million

Damak, Jhapa, Dec 18 (RSS): Proceeds of approximately Rs 1.9 million have been collected in course of the mahayagya, grand religious ceremony, held at the Tripureshwar Shiva temple at Damak-4 in Jhapa district. The Srimad Bhagawat Dhayanchal Mahayagya religious programme organized in the temple premises from November 25 to December 3 collected Rs 1 million 894 thousand 435, according to Punya Prasad Khanal, the vice-president of the temple management committee and the coordinator of the Mahayagya publicity committee. Khanal...

Garlands worth Rs 25 million used during elections

Kathmandu,Dec 17:The Floriculture Association of Nepal (FAN) says flower garlands worth Rs 25 million were used for recent provincial and federal parliamentary elections, reports Karobar in its anchor story for the day. Officials of the organisation say party cadres excessively used flower garlands in their pre-poll campaigning as well as after the announcement of results. The domestic production could not meet the high demand; hence some traders also imported flowers from India also, according to the report, maintaining exact data of...

Fire at canteen guts property worth over Rs 1.2 million

Kakadbhitta, Dec 14 (RSS): A fire that broke out at the canteen within the premises of the Kakadbhitta Higher Secondary School in Jhapa gutted goods and property worth over Rs 1.2 million. The canteen is run by Narayan Bista of Mechinagar-6. Police said the fire started at 5 am today due to the leakage of LPG from the regulator of cooking gas cylinder at the canteen. Although there were no human casualties, the fire entirely gutted the tin-roofed canteen....

Cooperatives emerge as source of employment for thousands in Nepal

Kathmandu, Dec 14 (RSS): Cooperative industry has emerged as a source of employment for thousands of people in Nepal. So far around 60,000 people are directly employed in the cooperatives. The history of cooperative formation dates back to 2013 BS in Nepal. Talking to RSS, Deputy Registrar at the Department of Cooperatives, Narayan Prasad Aryal shared the information that there are a total of 34,512 cooperatives across the country with the total member strengths of 6.3 million and cumulative...

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