Kathmandu: The Nepal Stock Exchange (NEPSE) rebounded on Tuesday, gaining 9.24 points to end a six-day losing streak that followed the Bhotekoshi-Trishuli floods, with investors regaining their confidence on hydropower shares.
The hydropower sector, which had come under heavy pressure following...}
Kathmandu: Hydropower developers are contributing more than Rs 130 million to the ‘Prime Minister’s Disaster Relief Fund’ for the rescue and relief of those affected by the devastating Bhotekoshi floods.
Independent Power Producers' Association Nepal (IPPAN) and its affiliat...}
The devastating floods that started in the upstream of the Bhotekoshi River in Tibetan territory on August 26 have inflicted heavy human casualty along with a massive property losses of the people living in districts like Rasuwa and Nuwakot.
Besides severe damages to villages, settlem...}
Kathmandu: The access tunnel and underground power house of the 111-megawatt Rasuwagadhi Hydropower Limited (RHPL) is found to have been buried by mud due to the Bhotekoshi-Trishuli flood, leaving almost no hope for the rescue of the hydropower employees trapped in the powerhouse.
A rescue team...}
Kathmandu: A search operation has been launched to rescue 93 people who have gone missing from the Rasuwagadhi Hydropower Station after the Bhotekoshi flood.
For this, the Nepali Army, has reached the access tunnel leading to the project's powerhouse and started the search along with the nec...}
Kathmandu: The Nepal Engineers’ Association (NEA) has stepped up taking a number of initiatives for search and rescue, initial assessment of damage and technical assistance in the flood-affected areas of Trishuli and Bhotekoshi rivers at a time when the government is criticized for delaying re...}
Kathmandu: As many as 933 employees, workers, and engineers from flood-hit hydropower projects along the Bhotekoshi and Trishuli rivers remain out of contact, five days after the disaster.
According to the National Disaster Risk Reduction and Management Authority (NDRRMA), more than 600 people ar...}
Kathmandu: The European Union (EU) has allocated €2 million in humanitarian aid to support communities devastated by flash floods in Nepal’s Bhotekoshi-Trishuli region.
The assistance will focus on urgent needs, including food, healthcare, clean water, sanitation and shelter, according...}
Kathmandu: The government has intensified efforts to rescue workers trapped inside a tunnel of the Upper Trishuli 3B Hydropower Project in Rasuwa, with technical support from a six-member Chinese expert team.
The Chinese team, mobilized with the permission of the Government of Nepal, reached the...}
Kathmandu: The Asian Development Bank (ADB) has approved a US $5 million emergency grant to fund urgent rescue and relief operations after devastating floods and debris flows struck communities along the Bhotekoshi and Trishuli river systems on August 26.
“This $5 million grant is a promise...}