Two power projects damaged due to continuous rainfall

Published On: October 9, 2022 01:38 PM NPT By: Republica

DHORPATAN, Oct 9: Thousands of people have been forced to live in darkness due to damage caused to two hydropower projects in Nisikhola Rural Municipality of Baglung. The hydropower projects in Nisikhola-4 and 5 were damaged due to floods and landslides triggered by continuous rainfall since the past few days.

KATHMANDU, Oct 8: Nepal Oil Corporation (NOC) has projected a profit of Rs 1.60 billion per month after a successive fall in the crude oil prices in the international market.

KATHMANDU, Oct 8: Nepal is facing a waste of 700-800 MW of the produced electricity on a daily basis due to a decline in the domestic consumption amid ongoing festivals.

WB estimates Nepali economy will grow by 5.1 percent in 2022/23

Published On: October 8, 2022 04:55 PM NPT By: Republica

KATHMANDU, Oct 8: The World Bank (WB) has estimated Nepal’s economic growth rate to reach 5.1 percent in the fiscal year 2022/23, which is way higher than the projection of 4.7 percent made by the Asian Development Bank.

Nepali Rupee plunges to a fresh low against US dollar

Published On: October 8, 2022 03:20 PM NPT By: Republica

KATHMANDU, Oct 8: The Nepali Rupee fell to a historic low against the US dollar with Nepal Rastra Bank (NRB) fixing the exchange rate at Rs 132.02 per dollar for Saturday.

POKHARA, Oct 6: Air service from Pokhara to all cities has been disrupted due to continuous rain. No flight from Pokhara has been able to take place for two days. The rain that started on Tuesday night in Pokhara has not stopped yet.

EU to conduct safety audit of Nepal from Thursday

Published On: October 4, 2022 07:06 PM NPT By: Republica

KATHMANDU, Oct 4: The European Union Aviation Safety Agency (EASA) is going to start a safety audit of Nepal from next Thursday.

KATHMANDU, Oct 4: Minister for Culture, Tourism and Civil Aviation, Jeevan Ram Shrestha, attended a special event in Ottawa, Canada on October 2. The event was jointly organized by the Embassy of Nepal and Nepalese Canadian Association of Ottawa (NCAO) on the occasion of Bada Dashain.

New notes worth Rs 22 billion exchanged for Dashain

Published On: October 3, 2022 05:45 PM NPT By: Republica

KATHMANDU, Oct 3: Nepal Rastra Bank (NRB) has sent new notes worth Rs 22 billion into the banking system for Dashain.

DAMAULI, Oct 3: The construction of the 140 MW Tanahun hydropower project at Rishing Rural Municipality-1 of Tanahun district has continued even during the public holidays of the Dashain festival. Construction works will halt only on Dashami, the main day of the festival, said the project chief Raj Bhai Silpakar. "Construction works have been accelerated to complete the project in time," he said.