NEA's new grid connection agreement clause.

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

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.

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.

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.

CG invests in Mid-Modi hydropower project

One of the largest industrial houses of Nepal, Chaudhary Group, is all set to invest in hydropower development as well. 

Infrastructure Summit 2014: synopsis

KATHMANDU, NOV 13 - Nepal Rastra Bank Governor Yuba Raj Khatiwada said on Wednesday that the country’s private sector could generate resources through public limited companies to invest in the infrastructure sector.

PDA talks for Arun III hydel project begin

KATHMANDU, NOV 05 - Project Development Agreement (PDA) negotiation for Arun III hydropower project started in Kathmandu on Tuesday. The talks between Investment Board Nepal (IBN) and India’s Satluj Jal Vidyut Nigam Limited will continue on Wednesday.

Chaudhary urges foreigners to invest in Nepal

President of Chaudhary Group Binod Chaudhary has urged international business leaders to invest in Nepal saying there is a high return in Nepal with minor risks. 

Italy keen to invest in Nepal: Minister Vendova

KATHMANDU, Oct 27: Visiting Italian Minister of State for Foreign Affairs Benedetto Della Vedova has said Italian investors are keen to invest in various sectors, including hydropower, in Nepal.

Five-bank consortium pledges Rs 1.2 billion

KATHMANDU, OCT 29 - A consortium of five banks and financial institutions (BFIs) led by Nepal Bangladesh Bank (NB Bank) have pledged financing to the 10.6 MW Balefikhola Hydropower Project.

Nepalese developers are moving towards 25 MW.

The involvement of Nepalese private sector in hydropower generation is not so long ago. They were mainly involved in constructing micro and small scale hydropower. The largest hydropower project constructed through Nepalese investment is Chilime hydropower. The installed capacity is 22.1 MW.

PTA signed. What next?

The signing of Power Trade Agreement (PTA) between Indian and Nepal is considered to be a historic moment. Both countries have shown flexibility from each side to make this deal happen. To be more specific, the Modi government showed flexibility towards signing of PTA. The controversial demand of “generation” by Indians only was dropped by the Modi’s government which not only protects the sovereign right of Nepal but also shows that Indian’s willingness to do business with Nepal in a respectful manner.

More German Investment In Nepal’s Hydropower Likely

KATHMANDU, Oct 23 — Nepal is likely to witness significant German investment in its hydropower sector as the recently signed power trade agreement (PTA) between Nepal and India has guaranteed export of Nepal’s electricity to India without hassles and restriction.

Nepal, India sign PTA

KATHMANDU, OCT 21 - Nepal and India have finally signed on the Power Trade Agreement (PTA) that was reached between the two countries couple of months ago.

Khare Khola Hydropower Project signs loan deal.

KATHMANDU, Oct 22: A consortium of 10 commercial banks led by Machhapuchchhre Bank Ltd is financing Khare Khola Hydropower Project (KKHP).

Opportunity from India and Bangladesh prompting Nepal to enlarge its power picture.

Backed by new power trade opportunities in SAARC region, Himalayan country Nepal, with its sky high Hydropower potential, is taking ambitious power plans to have high augmentation in its generation capacity as well as cross border evacuation routes.

Proparco looking for investment prospects in Nepal

Kathmandu, Oct 11:- Encouraged by political stability in Nepal and the recent power trade agreement with India, Proparco, a subsidiary of the French Development Agency, has started consultations with Nepali private companies for debt and equity investment.

Upper Solu signs Rs 3 billion loan deal with consortium

KATHMANDU, SEP 29 - A consortium of eight commercial banks and Hydroelectric Investment and Development Company Ltd (HIDCL) has pledged loans amounting to Rs 3.07 billion to develop the 23.5 MW Solu Hydroelectric Project.

Cabinet endorses PTA, PDA

A Cabinet meeting on Thursday endorsed the power trade agreement (PTA) that Nepal and India recently initialed, and the amended project development agreement for the 900 megawatt Upper Karnali Hydropower Project.