Chandra Kumar Ghimire, a seasoned bureaucrat with extensive expertise in trade, investment, and public policy, has been appointed as the ambassador to the United Kingdom, the first nation to establish diplomatic relations with Nepal. He has prioritized economic diplomacy as a key focus of his tenure.
By A Correspondent Nov 30, 2024
Prime Minister KP Sharma Oli has asserted that his forthcoming visit to China will not negatively impact Nepal's relations with India. However, there is an increasing level of skepticism in India regarding this visit, particularly in light of Oli's previous actions that have raised concerns among neighboring countries. Given his history of anti-India sentiments, India is monitoring Oli's trip closely, despite reassurances from his coalition partner, the Nepali Congress. As the leadership in Nepal appears to be losing confidence in India, the context surrounding Oli's visit becomes increasingly complex from a geopolitical standpoint.
By A Correspondent Nov 19, 2024
For seven years, Kul Man Ghising has served as the Managing Director of the Nepal Electricity Authority (NEA), during which he has significantly revitalized Nepal's electricity sector, ensuring that electricity is both affordable and reliable. Under his leadership, the NEA has successfully eliminated long-standing load shedding issues and has made substantial advancements in the generation, transmission, and distribution of electricity across the nation over the past eight years. One of his most notable accomplishments is transforming Nepal from a net importer of electricity to a net exporter, achieving an annual profit of Rs. 12 billion. Despite facing provocations, character attacks, and pressures from both known and unknown adversaries, MD Ghising has consistently demonstrated composure and professionalism. In a recent press conference attended by 300 journalists and broadcast live with over 200 cameras, he exemplified humility and respect, expressing gratitude to Prime Ministers, Ministers, senior officials, and his entire NEA team for their collective achievements. As the NEA commemorates its 39th anniversary on August 17, MD Ghising, who has turned a loss of Rs. 34.61 billion into a cumulative profit of Rs. 47.41 billion last year, continues to embody the qualities of a distinguished leader in a challenging environment
By A Correspondent Oct 28, 2024
As the Dashain festival draws near, a wave of activity sweeps across Nepal. Despite numerous transformations over the years, the allure of the festival remains intact. In addition to venerating Durga and the Goddess, individuals perceive the occasion as an opportunity for financial expenditure and shopping. From the less fortunate to the wealthy, everyone has their unique tastes. The festival asserts itself as a celebration for all.
By A Correspondent Oct 04, 2024
Following the inspection conducted by State Minister for Energy, Water Resources, and Irrigation Purna Bahadur Taman, along with NEA Managing Director Kul Man Ghising, efforts to expedite the transmission line construction are underway, with the aim of completing the 102 MW Middle Bhotekoshi project within a month.
By A Correspondent Sep 23, 2024
The 456 MW Upper Tamakoshi, the largest hydropower facility in Nepal, has significantly aided the nation in becoming a net exporter of electricity through its commercial power generation. For its stakeholders, including the Nepal Electricity Authority (NEA) and four other public sector financial institutions, Upper Tamakoshi is akin to a source of continuous wealth. However, the public shareholders and local residents, who invested in the hope of receiving financial returns, have yet to experience any benefits.
By A Correspondent Sep 15, 2024
With his third visit to the site in just two months, Kul Man Ghising, Managing Director of Nepal Electricity Authority (NEA), is able to bring the construction of the 220 kV Chilime-Trishuli transmission line to the final stage.
By A Correspondent Sep 10, 2024
As the project has made many breakthroughs in recent times, GANESH KC, Managing Director of Raghuganga Hydropower Limited, spoke to New Spotlight on various issues related to the 40 MW Rahughat Hydropower Project. At a time when Nepal and India have set milestones in the trade of hydropower generated in Nepal, the progress made by the Exim Bank of India funded project is remarkable.
By A Correspondent Aug 27, 2024