With the argument that GMR Energy would sell 500 MW power to Bangladesh, a two year license extension has been given. Upper Karnali is in West Nepal and to transfer this 500 MW through India’s Northern then Eastern Grids into Bangladesh is quite a troublesome ‘wheeling task’.
KATHMANDU, April 17: The government has collected more than Rs 100 billion in eight years from the infrastructure tax imposed on petroleum products. Nepal Oil Corporation (NOC) has been paying tax at the customs point while importing fuel.
KATHMANDU, April 17: Lawmakers have called on the government to be accountable to the parliament and implement the directives given by the parliamentary committees.
KATHMANDU, April 16: The cooperation between the government and the private sector in the development and expansion of electricity, which is considered to be one of the foundations for the country's economic prosperity, has started bearing fruits.