Kathmandu, Nov. 13 -- A week after the Nepal Electricity Authority forwarded a tariff proposal to Electricity Regulatory Commission seeking to slash electricity rates for industrial consumers and suggesting rates for electric vehicle charging stations, the regulator has rejected the proposal.

The regulator rejected the proposal on grounds that the power utility forwarded the rates in haste while the regulator was mulling to enforce a new directive on tariff fixation.

"The commission through its soon-to-be enforced directive on tariff proposal has set criteria that the power utility must fulfil before any tariff revision is approved by the regulator," said Dilli Bahadur Singh, chairperson of the commision. "We will send a letter to the u...