NEA Wants To Hike Power Tariff By 30 PC 


Oct. 11, 2010, 5:45 p.m. Published in Magazine Issue: Vol.: 04 No.-09 Oct. -08-2010(Ashwin 22, 2067)
The Nepal Electricity Authority (NEA) has said that it wants to hike the power tariff by 30 percent. But since the winter season is round the corner, the NEA officials have now resigned themselves to the fact that the hike may not see the light of the day at least till another year. “It would have been beneficial to hike the power tariff during wet season. In winter, there will be severe load shedding and one can neither have the power to sell nor the public will be any bit supportive towards the proposal,” said Jibendra Jha, executive director of NEA. The NEA has not increased power tariff since last 9 years. It wants to hike the tariff for those consumers who use over 20 units. The NEA officials have said that their accumulated losses have already totaled Rs 18 billion.

More on Economy

The Latest

Latest Magazine