A Correspondent
NEPAL’S ENERGY SECTOR: Facing Crisis
Since assuming the role of Minister of Energy, Water Resources, and Irrigation, Minister Dipak Khadka has been disrupting the progress and development efforts of Nepal Electricity Authority (NEA) and other energy-related organizations under his leadership. Despite hindering NEA's operations, Minister Khadka is now seeking further support from development partners for the energy sector. This raises questions about his intentions
By A Correspondent Jan 28, 2025
FAST TRACK: Moving In The Right Direction
Despite facing several obstacles and a lack of adequate budget, the Kathmandu-Tarai/Madhes Expressway Project is currently on the right track. During an inspection visit by President Ram Chandra Paudel, the Nepal Army reported that the project has made progress with 37.56 percent completion.
By A Correspondent Jan 28, 2025
JALPADEVI CABLE CAR: IME Group's Latest Project
The foundation stone for the Jalpadevi Cable Car in Sudur Paschim Province was laid by Foreign Minister Dr. Arzu Rana Deuba. Chandra Prasad Dhakal, President of the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) and Chairman of IME Group, is in the final stages of constructing cable cars in all provinces
By A Correspondent Jan 12, 2025
TOURISTS ARRIVAL: Surpass A Million
Tourist arrivals in Nepal surpassed the one million mark, despite the temporary shutdown of Tribhuwan International Airport for 10 hours daily in the first week of November for emergency expansion work. This led to a sudden increase in airfare prices, making Nepal one of the more expensive destinations. However, this did not deter tourists from booking trips to Nepal, as the country saw a good number of visitors in November and December. In 2024, Nepal received over 1.1 million tourists, marking a positive turnaround for the tourism sector after being heavily impacted by COVID-19. With the announcement of reduced shutdown hours at TIA from February, there is expected to be an increase in international flights and tourist numbers.
By A Correspondent Jan 10, 2025
NEPAL-INDIA ENERGY TRDE: A Silver Lining For Nepal
Challenging the belief in Nepal that India is not interested in buying Nepali electricity,the Nepal Electricity Authority (NEA) has demonstrated that India is a significant market for Nepal's hydropower by exporting electricity worth Rs. 13.04 billion to India in just five months.
By A Correspondent Dec 31, 2024
Foreign Employment: Loss And Benefit
Nepal benefits from a significant amount of foreign currency sent by Nepalese workers abroad, bolstering the country's foreign currency reserves. However, there is a downside to this trend, as reports indicate a loss of young Nepali migrants working in foreign countries.
By A Correspondent Dec 31, 2024
NEPAL ELECTRICITY SUPPLY: Facing Severe Shortfall
Nepal is currently experiencing a significant shortage in electricity supply due to a decrease in domestic production, limited imports from India, and the ongoing challenges in the power sector. The 456 MW Upper Tamakoshi plant, which has been delayed due to a recent landslide, is expected to begin generating electricity soon. Despite efforts to remove Kul Man Ghising, the Managing Director of Nepal Electricity Authority (NEA), he continues to oversee the reconstruction work and preparations for the plant's operation. If all goes smoothly, the Upper Tamakoshi plant is projected to reach full capacity by the first week of January.
By A Correspondent Dec 29, 2024
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