Stories By 'BIBEK SUBEDI'
Nepal Rastra Bank (NRB) has said that providing exchange facility to Nepalis holding demonetised Indian 500 and 1000 rupee banknotes is beyond its capacity.
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The government has issued new guidelines on forest land clearance making it easier for developers of large infrastructure projects to acquire wooded areas at their proposed construction sites.
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The Nepal Electricity Authority (NEA) has readied to start negotiations with Nepal Water and Energy Development Company (NWEDC) to sign a power purchase agreement (PPA) for the Upper Trishuli-1 Hydroelectric Project.
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The Ministry of Industry has removed a provision from the draft of the Foreign Investment and Technology Transfer Bill (FITTB) that would have allowed foreign investors to bring in investment without seeking government approval.
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Nepal Electricity Authority (NEA) Managing Director Kulman Ghising on Tuesday defended the government decision to buy LED bulbs from India’s Energy Efficiency Service Limited (EESL) and challenged the private sector to supply the products at a cheaper rate than what the state-owned power utility has proposed.
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The government is all set to give the environmental green light to two Indian hydropower developers to acquire forest land to build their projects for which they will have to pay a fee.
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