Kathmandu: Nepal’s economic growth is projected to remain below 4 percent for a second consecutive year in fiscal year 2026/27, as rising international oil prices and escalating geopolitical tensions cloud the country’s economic outlook, according to the International Monetary Fund (IMF)...}
Kathmandu: The Nepal Electricity Authority (NEA) has extended the national grid to start main electricity supply to Hatiya in Bhotkhola Rural Municipality-3, located in the northern part of Sankhuwasabha district.
This extension was carried out through a project managed by the Planning and Techni...}
Kathmandu: Nearly 5,000 households in northern Gorkha have been affected by power outages after a flood in the Budhigandaki River damaged infrastructure of the Sirdibas-Uhiya Micro Hydropower Project on Sunday.
The flood disrupted electricity supply to wards 3 and 6 of Chumanubri Rural Municipali...}
Kathmandu: South Asian countries held extensive discussions on the possibility of exporting hydropower generated in Nepal to Sri Lanka through a proposed submarine transmission cable between India and Sri Lanka.
The issue was discussed at the 19th Power Secretaries’ Roundtable (PSRT19), hel...}
Kathmandu: Sea-surface temperatures in the central and eastern tropical Pacific are forecast to increase to record levels during October-November-December 2026, reflecting the strengthening of the El Niño event which will drive weather patterns and impact economies, ecosystems and communities...}
Kathmandu: Seventeen hydropower companies listed on the Nepal Stock Exchange (NEPSE) have sought approval from the Securities Board of Nepal (SEBON) to issue rights shares worth Rs 20.82 billion, accounting for more than half of the total rights shares currently awaiting regulatory approval.
The...}
Kathmandu: A sudden flash flood in the Budhigandaki River near Chumanubri Rural Municipality of Gorkha on Sunday morning, October 11, has damaged four hydropower projects with a combined capacity of 412.09 MW.
According to details released by the Independent Power Producers’ Association of...}
Kathmandu: The Investment Board Nepal (IBN) has approved investments totaling Rs 21.17 billion for two semi-reservoir hydropower projects with a combined capacity of 105.62 megawatts.
The 68th meeting of the IBN, chaired by Prime Minister Balendra Shah, approved Rs 10.75 billion for the 58.9 MW N...}
Kathmandu: The Independent Power Producers' Association of Nepal (IPPAN) has expressed dissatisfaction over the wheeling charge for using the national electricity transmission grid, demanding the government to revise the rate.
Although it is welcoming move that the Electricity Regulator...}
Kathmandu: Nepal Oil Corporation (NOC) has asked LPG bottlers and sellers to facilitate the exchange of cylinders across different brands to ensure a smooth supply of cooking gas in the Kathmandu Valley during the Dashain festival.
Under an agreement reached between the NOC, LPG bottling companie...}