Wednesday, 31 December 2014

NEA's new grid connection agreement clause.


I just came across with a new grid connection agreement clause. This clause is effective from 22nd June, 2014. I was not aware of this clause until yesterday. I will read out the exact lines.

Monday, 29 December 2014

Chinese presence in Nepal

Chinese Foreign Minister Wang Yi’s recent Nepal visit has sent alarm bells ringing in the corridors of power in New Delhi. While in Kathmandu, Yi announced a five-fold increase in official Chinese aid to Nepal, from US $24 million today to US $128 million by 2015-16.

Monday, 8 December 2014

New Foreign Investment Policy.


The Government of Nepal (GoN) is preparing to provide housing facility for investors investing more than US 1 million for the tenor of project operation. Such facility will be borne by Government of Nepal. To encourage foreign investment in the country, Department of Industry (DOI) has decided to add such provision in the foreign investment policy.

Monday, 1 December 2014

Energy pact ushers in a ‘new era’



KATHMANDU, NOV 29 - The Saarc Chamber of Commerce and Industry (Saarc CCI) on Friday described the signing of the Saarc energy pact as the commencement of a new era which would not only light up South Asia but also energize the whole region if it was implemented in both letter and spirit.

Statement by the United States of America at the 18th SAARC Summit


Honorable Prime Minister Koirala, Excellencies, Distinguished Colleagues, it is a pleasure to be here today representing the United States of America at the 18th Summit of the South Asian Association for Regional Cooperation (SAARC) summit. Let me begin by congratulating the Government of Nepal and Secretary General Thapa for a tremendous job organizing this Summit and for extending such wonderful hospitality to us all.