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Year of economic 'boom' but challenges for retaining sustainable and rapid growth
Source: rss,ktm

Year of economic 'boom' but challenges for retaining sustainable and rapid growth

- Mahendra Subedi/ Kathmandu The countrys economy turned astounding in the fiscal year 2016/17, thanks to regular power Supply and subsequent expansion of the industrial output, regular monitoring of the development projects, efforts for good governance, favourable climatic condition, sufficient rainfall resulting in the record high paddy production in the countrys history, among others. The p...


New record in 25 years, ADB forecasts 6.2 percent economic growth for Nepal
Source: RSS-NP

New record in 25 years, ADB forecasts 6.2 percent economic growth for Nepal

The Asian Development Bank (ADB) has projected that the countrys economic growth will be between 5.2 to 6.2 percent in 2017. The ADB shared this information organizing a news conference here today. It estimated that the GDP increase in terms of basic price in the Fiscal Year 2017/18 will be that much. The Bank also forecast that the inflation will remain be between 6.0 to 6.5 percent, less than th...


KUKL imposes water tariff without supplying water!
Source: RSS NP

KUKL imposes water tariff without Supplying water!

Hello, General Manager! Is it mandatory for people to pay tariff though they are not supplied drinking water regularly? It was not a gross question by any irate customer, but the public grilling of the General Manager at Kathmandu Upatyaka Khanepani Ltd (KUKL) by Minister for Drinking Water and Sanitation Prem Bahadur Singh during a programme organizhed to mark the 10th anniversary of KUKL in ...


NAC to bring two aircraft from China by Saturday
Source: RSS - NP

NAC to bring two aircraft from China by Saturday

The two aircraft the national flag-carrier, Nepal Airlines Corporation, received in loan assistance from China are to be brought here by coming Saturday. The Chinese side has already expressed commitments in writing with the NAC regarding the Supply of spare parts and other technical issues, according to NAC General Manager Sugat Ratna Kansakar. The 56-seater MA 60 and the 18-seater Y 12 aircra...


KTM Valley won't face power cut till mid-Jan: NEA

Nepal Electricity Authority (NEA) has said that it wont impose power cut in the Kathmandu Valley at least till the end of Poush (mid-January). The power utility had lifted power cut in the capital city in the first week of November as part of its plan to eradicate load-shedding altogether. NEA has limited power cuts outside the Kathmandu Valley to only one or two hours. It has prohibited indus...


Water supply project for 2,200 households
Source: RSS

Water Supply project for 2,200 households

A drinking water project with a capacity touching on 150,000 litres is being built at Manchowk of Kerauna 1 of Morang much to the delight of the locals. The project is being undertaken by Water Supply and Sewerage Department, Morang and Ministry of Water Supply and Sanitation at an investment of Rs 80 million. The project targets 2,200 households in Kerauna VDCs ward no 1, 2 and 3, Kerau...


Out of 11 micro hydro- power projects in Parbat, 8 no longer in operation

Many of micro hydro-power projects based in rural parts of Parabat, eight are not in operation. Out of 11 micro- hydropower projects developed by the joint venture of the United Nations Development Programme, World Bank and the Nepal Government around one and half decades ago, eight have been completely closed.The trend of closing the locally-operated micro hydro-power projects began with the...


'I am not in the race to take credit for no power cut'

At the same time last year, people were compelled to live in dark up to 7-8 hours. But, things are different now. There is no load-shedding in the Kathmandu Valley since more than a month. People are elated by the uninterrupted power Supply round the clock. Consumers are thankful to Managing Director of Nepal Electricity Authority (NEA), Kulman Ghising and Minister for Energy Janardan Sharma. ...


Uninterrupted power Supply to continue in Valley: Minister Sharma

At the time when people in the Capital City are confused whether power cut will restart or not, Minister for Energy Janardan Sharma has claimed that the uninterrupted power Supply will continue. He added that all the mechanisms have been deployed agilely and robustly for making Kathmandu Valley a load-shedding free zone. Saying that homework was underway to make a balance between demand and...


Euro 4 standard petrol, diesel from April

The Nepal Oil Corporation (NOC) will be importing petroleum products (petrol and diesel) of Euro 4 standard from coming April. The state-owned oil monopoly will import the fuel of the Euro 4 standard from the Indian Oil Corporation (IOC). IOC is the sole supplier of petroleum products to Nepal. NOC aims to sell the Euro 4 fuel from coming April, said NOC Spokesperson Bhanubhakta Khanal, IOC...


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