Rs. 2.8 billion approved for Arun Kabeli Power Ltd.

The consortium of seven financial institutions has approved loan of Rs. 2.8 billion for the construction of Kabeli B-1 Hydropwer project on Wednesday 28th Jan. 2015. For further information about the developing company and the project please visit FINANCIAL CLOSURE OF KABELI B-1 HYDROELECTRIC PROJECT (25 MW).

Nepal Electricity Authority fixes power purchase tariff for up to 100 MW hydels

KATHMANDU: Nepal Electricity Authority, the sole buyer of power here, will soon start buying energy generated by hydel projects with installed capacity of up to 100 megawatts at flat rates of Rs 8.40 per unit during dry season and Rs 4.80 per unit during wet season.

NPC to ask for Nepal Army involvement in hydro dev

National Planning Commission (NPC) has decided to ask the government to involve Nepal Army (NA) personnel in the development of hydropower projects of 10-20MW capacities so that the army builds the capacity to rescue hydel plants during natural disasters.

MoI plans to declare FY 2015-16 ‘FDI Year’

KATHMANDU, JAN 01 - The Ministry of Industry (MoI) said on Wednesday it plans to declare fiscal year 2015-16 as the “Foreign Direct Investment (FDI) Year” to attract more FDI into the country.