Nabil Bank Limited has marked its 42nd anniversary, announcing a strategic shift toward an Artificial Intelligence (AI)-driven "Banking & Beyond" model while revealing substantial credit exposure to Nepal's core infrastructure and productive sectors.
Energy experts have called for diversifying financial instruments to mobilize greater investment in transmission lines and other power infrastructure, warning that inadequate transmission capacity is forcing hydropower plants into recurring production holidays.
The Asian Development Bank (ADB) has revised the estimated growth rate of Nepal in 2026/27 to 3.9 percent, attributing the firm electricity generation by hydropower plants.
Oil, gas and hydrocarbons will continue to play the crucial role in the development of the global economy and in ensuring the well-being of nearly all countries for a long time to come, for many decades Q:We believe that oil is an instrument of political manipulation. The largest ever energy crisis of 1973 was ...
24 October, 2024KATHMANDU; The World Bank Group (WBG) has announced that it will discontinue its target of allocating 45 percent of its annual financing to projects with climate co-benefits, while reaffirming its commitment to supporting initiatives that reduce gree...
8 July, 2026Odd Hoftun was born in an engineering family, in Norway, in the late 1920s. He grew up around a power plant which his father operated. He had early exposure to power plants and was aware of the multiple positive impacts they could have on rural communities. Norway was a poor and devastated country in the aftermath of the Second World War. Odd was witness to how...