Stories By 'BIBEK SUBEDI'
The government has given the green signal to buy the detailed project report (DPR) for the Kathmandu-Tarai expressway, pushing the scheme one step closer to construction.
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The Supreme Court (SC) on Monday directed the Large Taxpayers’ Office (LTO), Inland Revenue Department (IRD) and Finance Ministry to furnish details on their decision to determine capital gains tax on the sale of Ncell shares by Niraj Gobinda Shrestha to another domestic investor.
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The Chameliya Hydropower Project being built in the far western region of the country is likely to start trial production within a couple of weeks. The electricity generated by the plant will be fed into the national grid a month after that.
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The World Bank has defended the Nepal Electricity Authority’s (NEA) decision to award the contract to install a 25 MW solar plant to a Chinese company, said a highly placed source at the state-owned power utility.
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The Export-Import (Exim) Bank of China has renewed the grace period of the loan provided to Upper Trishuli 3A Hydroelectric Project by four-and-a-half years.
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Raijin Energy Co has claimed Rs2.8 billion in compensation from the Nepal Electricity Authority (NEA) after it scrapped a contract to install solar plants at Devighat and Trishuli in Nuwakot district on orders from the parliamentary Public Accounts Committee.
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