In a historic milestone for Nepal's hydropower development, the 28.1 MW Upper Kabeli Hydropower Project—promoted by Non-Resident Nepalis (NRNs)—has achieved a major breakthrough developed by Peace Energy Company Limited. Under construction in the Taplejung district, this is the first large-scale project completely funded, led, and managed by the NRN community.
Nepal’s recently announced Fiscal Year 2083/84 budget sends a clear message: the country is ready to invest in growth, infrastructure, energy security, and industrial development. With a national budget of NPR 2.124 trillion and NPR 114.02 billion allocated toward energy, water resources, and irrigation, the government has firmly identified energy as a top national priority.
Oil, gas and hydrocarbons will continue to play the crucial role in the development of the global economy and in ensuring the well-being of nearly all countries for a long time to come, for many decades Q:We believe that oil is an instrument of political manipulation. The largest ever energy crisis of 1973 was ...
24 October, 2024With a growing call for introducing measures to tackle the challenges of climate change including global warming, the concern for the alternative energy has been raised to switch to green energy from traditional energy sources. The key pillars of...
18 April, 2024Odd Hoftun was born in an engineering family, in Norway, in the late 1920s. He grew up around a power plant which his father operated. He had early exposure to power plants and was aware of the multiple positive impacts they could have on rural communities. Norway was a poor and devastated country in the aftermath of the Second World War. Odd was witness to how...