Kathmandu, Nov. 7 -- The Electricity Regulatory Commission has drafted a directive which requires the Nepal Electricity Authority to submit its projected annual revenue requirement to obtain permission to revise its tariff.

After the directive is endorsed, the power utility will be able to impose new rates for general and commercial users of energy.

The move comes more than a year after the government dissolved the Electricity Tariff Fixation Commission halting work related to tariff revision and sparking a row between industrial customers and power utility officials.

In the absence of a regulatory body overseeing the electricity tariff, the power utility was unable to make price adjustments while industrialists have been complaining t...