Kathmandu: The Nepal Electricity Authority (NEA) has sought letter of intent from the industrial groups for providing 24 hour electricity supply through dedicated feeders. It has also asked the industrial groups to submit their letter of intent by the end of October if they want uninterrupted electricity supply at twice the normal tariff.
NEA has said that it would charge the industrial houses twice the normal tariff. Currently, industries have been paying NEA Rs 7.75 per unit during the peak hour ( 5pm to 11pm), Rs 3.30 from 11pm to 5am and Rs 6.25 from 5am to 5pm. The industries would have to pay double if they seek electricity from dedicated feeders.
The Centre for Inclusive Growth, Nepal, in line with its mandate to identify “practical solutions” for Nepal in broader growth, commissioned a baseline survey in the tail end of 2011 to understand the perceptions of and problems faced by business enterprises relating to the electricity situation and economic management in the country.
This baseline survey drew data from interviews with 544 business enterprises, representative of large, medium and small scale industries in both the manufacturing and service sectors from five major economic centres (Kathmandu, Biratnagar, Birgunj, Bhairahawa and Pokhara) in Nepal.
The final report, completed in March 2012, painted a clear picture of how business enterprises in Nepal large and small coped with an acute shortage of constant electricity supply. Additionally, the data gave an overview of how the government effort in managing the national economy was perceived by the business community.
A follow up survey, conducted in February 2013, asked similar respondents the same set of questions. The data collection period was timed to coincide with the peak load shedding time, same as the earlier survey, to eliminate bias on part of the respondents.
Kathmandu, April 21: The Investment Board of Nepal (IBN) has signed project negotiation agreement (PNA) with SN Power, a Norwegian power developer engaged in development of 650MW Tamakoshi hydropower project. SN Power is the first company to ink PNA, although the IBN has asked all hydro project developers to sign such agreement.
"GMR and Sutlej Jal Vidyut Nigam, two Indian infrastructure developers, have not signed PNA so far," a source privy to the issue told Republica. The IBN had previously asked all the three developers--GMR, Sutlej and SN Power--to sign the PNA.
Kathmandu: Major political parties today made a commitment to develop hydropower in the country.
During the 47th Annual General Meeting of the Federation of Nepalese Chambers of Commerce and Industry here, leaders of six major political parties — the Unified CPN-Maoist, Nepali Congress, CPN-UML, Madhesi Janaadhikar Forum-Nepal, Rastriya Janashakti Party and Madhesi Janaadhikar Forum-Democratic — and the Chairman of the interim election government Khil Raj Regmi signed a commitment paper, pledging not to disturb hydropower development in the country.