KATHMANDU, Sept 5: Record progress is being made in digging the tunnel of the Melamchi Water Supply Project (MWSP) and if this pace is maintained, the tunnel will be completed by June next year and Melamchi water will reach Kathmandu by October 2017, according to project officials.
KATHMANDU, Sept 3: Though the Electricity Tariff Fixation Commission (ETFC) has argued that the new electricity tariff benefits small consumers, tenants in Kathmandu Valley, as well as other parts of the country, continue to pay high price for electricity.
KATHMANDU, Aug 31: Department of Revenue Investigation (DoRI) last week seized eight containers and trucks that were found supplying illegally imported goods to different parts of the country from Kathmandu.
KATHMANDU, Aug 29: The Department of Industry (DoI) has permitted India's United Spirits Ltd to divest its 82.46 percent shares in United Spirits Nepal Pvt Ltd to existing shareholder Rajesh Bir Singh Tuladhar.
KATHMANDU, Aug 26: When Employees Provident Fund (EPF) agreed to a loan-finance of Rs 800 million to build 22 MW Chilime Hydropower Project two decades ago, it took many by surprised and was seen as a high risk decision.
KATHMNDU, Aug 24: Hydropower producers of up to 100 MW will soon not have to wait for the decisions of the Ministry of Energy (MoE) for permission carrying out survey studies, building the power plants and generating electricity.
KATHMANDU, Aug 22: With the festive season around the bend, customers are buying gold ornaments to make the celebration more special. But the gold that they buy could have entered the country through illegal routes.
KATHMANDU, Aug 18: Nepal Electricity Authority augmented its power supply by only 3 million units in a 12-month period ending mid-July, while the demand increased multifold. NEA is the country’s electricity monopoly.
KAVRE, Aug 13: Names of trekkers, mountaineers and support staff, who lost their lives during trekking and mountaineering activities in Nepal, will be inscribed on a monument atop a hill in Timal Region (1900 meters) of Kavre if things go as planned.
KATHMANDU, Aug 12: Rastriya Banijya Bank has decided to distribute Rs 870 million in bonuses to its employees despite its accumulated losses amounting to Rs 4.12 billion. The bank's board meeting last week took a decision to this effect by way of implementation of a Supreme Court order last December to pay out bonuses from profits earned in the last seven years.
KATHMANDU, Aug 6: Zhejiang Jinlun Electromechanic Co - the Chinese contractor for Kulekhani III's mechanical and electro mechanical works - have sent its representatives at the project site after a yearlong gap.
KATHMANDU, July 15: Joint Secretary at the Ministry of Irrigation Sagar Kumar Rai has revealed that outgoing minister Umesh Kumar Yadav demanded a bribe of Rs 10 million in exchange for the post of director general at the Department of Irrigation (DoI).