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Government Allocates Rs 70 Billion to Accelerate Transmission Line and Substation Projects
Kathmandu: The government has allocated a budget of Rs 70 billion for the construction of transmission lines and substations currently under development. While presenting the upcoming fiscal year 2026/27 budget, Finance Minister Dr. Swarnim Wagle stated that a significant budget has been set aside for the expansion of electricity transmission infrastructure. According to him, the ongoing…
Govt allocated Rs 70 bn for transmission lines and substations under construction
Kathmandu: The government has allocated a budget of Rs 70 billion for the construction of transmission lines and substations currently under development. While presenting the upcoming fiscal year 2026/27 budget, Finance Minister Dr. Swarnim Wagle stated that a significant budget has been set aside for the expansion of electricity transmission infrastructure. According to him, the ongoing…
Uttam Bhlon Lama: Strengthening Transmission System Can Replace Rs. 50 Billion LPG Imports
Uttam Bhluon Lama is one of Nepal’s prominent hydropower entrepreneurs. He is not only focused on energy production, but also speaks strongly about its efficient utilization and international trade. To a large extent, he has also been proactive in playing an influential role in shaping the government’s energy strategy. Hydropower entrepreneur Uttam Bhluon Lama has been steadily expanding his…
Reservoir-Based Hydropower Gets 50-Year License; Developers Demand Same for All Projects
Kathmandu: The government has decided to extend the generation license period for reservoir-based hydropower projects to 50 years. The Ministry of Energy, Water Resources and Irrigation has made this decision, increasing the license period from 45 years to 50 years for such projects. Considering the long study and preparation period, high costs, and returns associated with reservoir-based…
Hydropower Sector Drives Stock Market to Double-Digit Gains
Kathmandu: After dropping by 105 points the previous day and coming under pressure, the Nepali stock market saw a notable rebound on Monday. The Nepal Stock Exchange (NEPSE) index, which measures the secondary market, rose by 83.33 points to reach 2,760. During intraday trading, the NEPSE climbed as much as 98 points, reaching 2,775 at 2:33 PM, which marked the day’s highest point. Following the…
Sanima Mai Hydropower AGM Set for April 11, Dividend Proposal on Agenda
Kathmandu: Sanima Mai Hydropower Limited is set to hold its fourth Annual General Meeting (AGM) on April 11, 2024. The company, through a public notice, has announced that the meeting will take place at 11:00 a.m. at Amrapali Banquet in Naxal, Kathmandu. During the meeting, the company will present proposals to approve the annual report, profit and loss statement, cash flow statement, and other…
NEA No Longer Needed for PPAs, Unlocking Private Sector and Competitive Electricity Market
Kathmandu – With the objective of ensuring non-discriminatory open access in the electricity system, the Electricity Regulatory Commission has issued the “Directive on Open Access in the Electricity Transmission and Distribution System, 2025.” The Commission issued the directive on January 9 2026, pursuant to Section 14 (na) of the Electricity Regulatory Commission Act, 2017, and based on the…
Empowering Progress: Private Sector Contributions to Power Sector Growth
During discussions held by the Parliamentary Infrastructure Development Committee with those who have sought amendments to the Power Bill 2080 BS, the participants stressed that the Bill should be prepared in a way so that the private sector’s involvement in development of the electricity sector could be encouraged. KATHMANDU, Dec 24: Lawmakers have called for encouraging the participation of the…
