Stories By ' BIBEK SUBEDI'
Massive flooding and landslides triggered by a continuous downpour since Thursday have knocked out power to many parts of east Nepal and crippled normal life.
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Investment Board Nepal (IBN) has decided to form a high-level committee to recommend the modality for establishing a fertiliser plant in Dhalkebar under public-private partnership and whether the government should provide viability gap funding to set it up.
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The Kulekhani 3 Hydropower Project, which has been in construction since 2008, has missed its fourth completion deadline set for July as the Chinese contractor for the hydro and electro mechanical works has been taking its time.
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The Parliamentary Public Accounts Committee has asked the government to immediately recover the outstanding capital gains tax from the Ncell buyout deal that was completed in April 2016.
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The Nepal Army will be diversifying into the hydropower sector following the go-ahead from the Energy Ministry to own and build its first plant.
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The Nepal Electricity Authority (NEA) plans to import 50 MW of electricity from India via the newly built Kushaha-Kataiya cross-border transmission line while proposed imports of another 50 MW through the Parwanipur-Raxaul transmission line will not happen for more than a month.
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