The government's decision to impose a five percent Value Added Tax (VAT) on household electricity consumption is expected to add only Rs 4.27 billion to the government revenue while increasing the financial burden on consumers and potentially undermining the country's energy transition goals.
Jobs in high-income countries are more than three times as likely to be at risk of automation by generative Artificial Intelligence (AI) than those in low and middle-income countries.
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, 2024KATHMANDU; The Nepal Insurance Authority (NIA) is preparing to introduce separate insurance guidelines for electric vehicles (EVs) and petroleum-powered vehicles, a move that could result in higher insurance premiums for EV owners. The insurance r...
1 August, 2026Odd 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...