Role of solar in Nepal's energy mix looks set to expand

Kathmandu, March 17 -- Energy mix of Nepal, which till date is dominated by hydropower, is expected to be more diverse in coming years with more private developers showing interest in installing solar... Read More

Remittance inflows up 28.5 percent despite drop in worker departures

Kathmandu, March 16 -- Workers' remittances in the first seven months of the fiscal year swelled 28.5 percent year-on-year, providing a much needed cushion to the country's depleting foreign exchange ... Read More

Hydropower project developers present wish list to minister

Kathmandu, March 14 -- Private developers of hydropower projects have asked the government to address obstacles hampering their operations like delays in getting forest clearance, difficulties in obta... Read More

Kulekhani-3 project enters testing phase

Kathmandu, March 13 -- The Kulekhani-3 Hydropower Project is finally nearing completion 11 years after construction started. Time overruns due to slowpoke contractors resulted in the 14 MW scheme miss... Read More

Law amended to ease acquisition of forest land

Kathmandu, March 12 -- The government has amended the Forest Act and included a new provision which will allow the developer of certain infrastructure projects to acquire forest lands required for the... Read More

Middle Bhotekoshi Hydroelectric project hits another setback

Kathmandu, March 9 -- The construction of the Middle Bhotekoshi Hydroelectric Project, which had started to pick up speed after being stymied by a series of natural disasters like the 2015 earthquake,... Read More

Workers start installing penstock pipes at 456MW Upper Tamakoshi project

Kathmandu, March 8 -- Workers finally started installing penstock pipes at the Upper Tamakoshi Hydropower Project after a new contractor took charge of the construction of the plant. Work had halted ... Read More

Nepal Infrastructure Bank opens

Kathmandu, March 7 -- Nepal Infrastructure Bank, the first private sector-led financial institution in the country established with the objective of funding large infrastructure projects, threw open i... Read More

Government hopeful of achieving growth rate of above 7 percent

Kathmandu, March 6 -- The government is hopeful of achieving an economic growth rate of 7-8 percent despite a slowdown in capital expenditure. Finance Minister Yuba Raj Khatiwada had forecasted a grow... Read More

Six foreign firms bid for transmission line project

Kathmandu, March 5 -- Six international companies have shown interest in executing a component of the Tamakoshi-Kathmandu Transmission Line Project being developed by the Nepal Electricity Authority. ... Read More