Subscribe to RSSTHe Week
PAC to grill promoters of Khimti and Upper Bhotekoshi over PPA
CPDCC to give continuity to parliament, judiciary
Top UML leaders press recall of SAARC secy gen
Heed the cry
Party first
Observer states to be involved in SAARC's priority areas
Seal the deal
My Republica e-Paper.
Market
  Forex
  Stocks
 
Phalano by Rajesh KC
Cartoon Archive »  

Archives
  Daily News
  Photo Gallery
Tuesday WEATHER
KATHMANDU
Thunderstorms
Low 18oC
High 26oC
Sunrise 5:42 am
Sunset 6:24 pm
 
 
Page last updated at 2014-09-02 07:35:13 RSS
  BUSINESS & ECONOMY
  PAC To Grill Promoters Of Khimti And Upper Bhotekoshi Over PPA
       RUDRA PANGENI  
 
    Both the project developers have been deferring repeated proposals of NEA as well as MoE to revise the dollar-based power purchase agreements.

KATHMANDU, Sept 1: The parliamentary Public Accounts Committee (PAC) has decided to grill the promoters of Khimti and Upper Bhotekoshi hydropower projects, citing heavy loss incurred by the state-run Nepal Electricity Authority following the Power Purchase Agreements (PPA) signed with these projects.

A PAC sub-committee formed to study these PPAs signed in US dollars has summoned officials of Himal Power, the promoter of 60 MW Khimti, and Bhotekoshi Power Company, the promoter of 45 MW Upper Bhotekoshi, on September 11.

 
  Launches Galore At NADA Auto Show
       SUJAN DHUNGANA  
 
    KATHMANDU, Sept 1: The NADA Auto Show, which kicks off in Kathmandu on Wednesday, will see launch of more than half a dozen new models of four-wheelers.

Among others, Fiat, Tata, Maruti Suzuki and Toyota are launching their new offerings at the five-day event. Fiat is launching two models -- Punto Evo and New Linea, while Toyota is launching Etios Cross. Similarly, Tata Motors is unveiling Safari Storme Ladakh Limited Edition and Maruti Suzuki is lifting the wraps off Celerio hatchback.

 
  NTB Probe Panel Seeks Another Term Extension
       REPUBLICA  
 
    KATHMANDU, Sept 1: A committee formed to investigate into anomalies at Nepal Tourism Board (NTB) has sought five-day term extension.

“We have asked the government to provide us five more days as we have completed nearly 80 percent of works,” Purna Chandra Bhattarai, coordinator of the committee, said, adding: “We will complete remaining works and submit the report within five days.

 
  La Trobe University Announces Scholarship
       REPUBLICA  
 
    KATHMANDU, Sep 1 : La Trobe University of Australia has announced scholarships worth US$ 300,000 for Nepali students.

Professor Lee Drek, dean of the university, announced the scholarship.

 
  Tourism Dev Bank Supports Flood Victims
       REPUBLICA  
 
    KATHMANDU, Sep 1 : Tourism Development Bank Ltd has provided Rs 151,000 to the Prime Minister Disaster Relief Fund as part of its corporate social responsibility.

 According to a statement issued on Monday, the bank said the support will be used to provide relief to victims of floods and landslides in different parts of the country. Manoj Khadka, acting CEO of the bank, handed over the check to Prime Minister Sushil Koirala on Monday.

 
  More Headlines:
 
  • Johnnie Walker's Black Label in new design
    REPUBLICA
  •  
  • Arunima named regional winner of 'Real School'
    REPUBLICA
  •  
  • Govt extends deadline for implementation of standards on crusher industries
    RUDRA PANGENI
  •  
  • No improvement in sand, aggregate supply
    RUDRA PANGENI
  •  
  • Tata Motors scraps plan to set up assembly plant in Nepal
    SUJAN DHUNGANA
  •  
  • Women entrepreneurs told to raise value addition in export
    REPUBLICA
  •  
  • Stage set for NADA Auto Show
    REPUBLICA
  •  
  • Yamaha announces festive offer
    REPUBLICA
  •  
  • NT plans to add 2.25m new subscribers
    REPUBLICA
  •  
  • Migration to be agenda in SAARC summit
    RSS
  • More Headlines»  
     

    Heed the cry
    Flood relief efforts

    Help, both in cash and kind, continues to po ...

     

    Party first
    Constitutional process

    At the half-way mark of the “one-yea ...

     

    Seal the deal
    PTA with India

    During the Nepal visit of Indian Prime Minister Nar ...

     

    Satanic verses
    Discriminatory scriptures

    Religion sets social rules and such rule ...

     

    Small is ugly
    Federating Nepal

    The central issue of federalism has, unsurprisin ...

     
    Grand Bank will be on track within a year
     

    Interview with Grand Bank CEO, Parshuram Kunwar Chhet...

    Traders for scientific regulation of bullion market
     

    It has been more than a year that stakeholders have been working to prepare a directive to facilitate the bullion indust...

     
     
     
     
    About us  |  Contact us  |  Advertise with us  |  Career   |  Terms of use  |  Privacy policy
     
    Copyright © Nepal Republic Media Pvt. Ltd. 2008-14.