India provides approx Rs 619.6 million for embankment construction

India provides approx Rs 619.6 million for embankment construction
Kathmandu, Jan 11: The Government of India has provided an assistance of approximately Rs 619.6 million to the Ministry of Irrigation to construct embankments on the Kamala, Bagmati and Lalbakaiya Rivers. India's Ambassador to Nepal, Ranjit Rae, today handed a cheque of this amount to Minister for Irrigation Deepak Giri amidst a programme at the M...

Study projects 50,000 MW electricity demand by 2040 in Nepal

Study projects 50,000 MW electricity demand by 2040 in Nepal
Kathmandu, Jan 9: A study has showed that the country would demand 50,000 mega watt electricity by 2040. A study carried out by the Water and Energy Commission said the calculation of the electricity demand is based on the rise of electricity demand by 15 per cent every year. During a press conference organized at the Ministry of Energy on Monday,...

Upper Madi’s 12 megawatt to be linked to national grid

Upper Madi’s 12 megawatt to be linked to national grid
Pokhara, Dec 30: The electricity generated from the Upper Madi Hydro Power Project based at Bahundanda of Sildujure – 9 in Kaski will be linked to the national transmission line today. The 12.5 megawatt power generated by the hydro project with maximum capacity of 25 megawatt will be linked to the national grid. The project's one of two twine ru...

QATAR AIRWAYS LAUNCHES DAILY FLIGHTS TO THE IDYLLIC ISLANDS OF THE SEYCHELLES

QATAR AIRWAYS LAUNCHES DAILY FLIGHTS TO THE IDYLLIC ISLANDS OF THE SEYCHELLES
DOHA, Qatar - Qatar Airways has rounded off its 2016 global route expansion on a high note with the launch of daily flights to the idyllic islands of the Seychelles – the 14th new destination on the airline’s route map this year and the third in Africa. Flight QR678 touched down at Seychelles International Airport today to a welcome ceremony atte...

Nepse clamps circuit breaker after trading falls unexpectedly

Nepse clamps circuit breaker after trading falls unexpectedly
Kathmandu, Nov 28: Nepal Stock Exchange (Nepse) today clamped circuit breaker after the Nepse Index witnessed a fall of more than three per cent in the first 40 minutes of the trading. The benchmark index, which opened at 1,468, plunged by 52.76 to rest at 1,415, compelled Nepse to halt the operation for today. The circuit breaker was clamped for ...

60 percent of tunnel digging of Ghalemdi Khola Hydel project completes

60 percent of tunnel digging of Ghalemdi Khola Hydel project completes
Babiyachaur (Myagdi), Nov 28: More than 60 percent of the construction of the tunnel of Ghalemdi Khola Hydropower Project at Narchyang-1 in Myagdi has been completed, said the project director Ananda Raj Pokhare. Of the total 1,685 meters long tunnel, 1,025 meters have been dug so far, Pokharel said, adding that the remaining task would be complete...

Construction of Upper Trishuli – III A hydropower project likely to resume soon

Construction of Upper Trishuli – III A hydropower project likely to resume soon
Kathmandu, Nov 25: The reconstruction of the upper Trishuli -III A hydropower project that has been halted since the Gorkha Earthquake last year is likely to take place soon. The 60-megawatt project had to be completed last year if the earthquake-triggered landslides had not damaged the project infrastructure and the roadway linking Simle, where th...

Hydropower Production Company registered, opening door for public investment

Hydropower Production Company registered, opening door for public investment
Kathmandu, Nov 21: The government has formally set up the Hydropower Production Company with the provision of allowing the Nepali citizens to investment in the hydropower projects. The Ministry of Energy registered the company at the Company Registrar's Office on Sunday. The company has been registered based on the 37-point plan of action that the ...

Absence of sub customs offices serves as dream vacation for smugglers

Absence of sub customs offices serves as dream vacation for smugglers
Ilam, Nov 20: The sub customs offices in Ilam that were displaced during the armed conflict are yet to be reinstated resulting in uncontrolled revenue leakages. The traders are using the advantage of the open border in absence of the sub customs offices as the situation has served as a dream vacation for the smugglers. The Memeng, Chyangthapu, C...

FNCCI urges government to manage Indian currency

FNCCI urges government to manage Indian currency
Kathmandu, Nov 14: The Federation of Nepalese Chamber of Commerce and Industries (FNCCI) has urged the government to manage the Indian currencies of 500 and 1,000 denominations owned by Nepalis. A delegation of industrialists led by FNCCI Chairperson Bhawani Rana met Prime Minister Pushpa Kamal Dahal at his office in Singha Durbar on Monday and urg...