Kathmandu: Austrian multinational ANDRITZ Hydro Pvt. Ltd. has been awarded a major contract to supply electro-mechanical equipment for the Saidongar-1 Karjat Pumped Storage Project. Located in Maharashtra, this 3,000 MW project is set to be the largest of its kind in India.
Promoted by Torrent Po...}
Kathmandu | The Union Cabinet, chaired by Prime Minister Narendra Modi, has officially approved the ‘Small Hydro Power (SHP) Development Scheme’ for the period spanning FY 2026-27 to FY 2030-31. With a significant financial outlay of ₹2,584.60 crore, the scheme is set to facilitate the i...}
Kathmandu : ANDRITZ has received a significant order from Tata Power, one of India’s largest integrated power companies, to supply pumped storage units for the upcoming 1,000 MW Bhivpuri pumped storage plant in the state of Maharashtra. The order, valued in the approximetly 100 million-eu...}
Kathmandu : In a significant move toward green industrialization, the World Bank’s Board of Executive Directors has approved a $52 million credit for the Nepal Clean Air and Prosperity Project. This initiative is designed to drastically reduce air pollution and strengthen national air quality...}
Kathmandu: India-based transformer manufacturer Kiran Power Rectification Services (KPRS) is significantly strengthening its footprint in the Himalayan power sector in Nepal. By expanding its manufacturing capabilities, leveraging in-house engineering excellence, and diversifying its product portfol...}
Kathmandu: North Summit Hydro Limited, the developer of the 21.4 MW Nyadi-Phidi Hydropower Project in Lamjung district, has officially signed an agreement with India’s Flovel Energy Private Limited for the project's electro-mechanical works.
The contract, which includes the manufacture,...}
Kathmandu : The Solar Power Producers’ Association, Nepal (SOPPAN) has reaffirmed its commitment to promoting clean energy and achieving the Sustainable Development Goals by working in close collaboration with the government and relevant stakeholders. The commitment was expressed on the occasi...}
Kathmandu: In a landmark achievement for global climate action, the Government of Nepal (GoN) has officially signed a deal to receive up to $55 million in climate finance from the LEAF Coalition, making it the first country in Asia to join this innovative public-private initiative.
This agreement...}
Kathmandu : In a move to provide superior banking experiences and cater to the evolving financial needs of its customers, NMB Bank has officially launched two premium Visa Platinum Debit Cards. The bank has introduced two distinct variants, the Platinum Debit Delight and the Platinum Debit Card...}
Kathmandu : In a significant move toward accelerating Nepal’s transition to clean energy, LONGi, a global leader in solar technology, and MOGHA Renewables officially announced a strategic partnership and the launch of the Hi-MO X-10 solar panels last week. This collaboration marks a major mile...}