The Electricity Regulatory Commission (ERC) of Nepal, established under the Electricity Regulatory Commission Act, 2017, serves as an independent regulator for equitable growth in the energy sector. Its primary mandate is to maintain a balance between the demand and supply of electricity while simpl...}
Kathmandu : The Asian Development Bank (ADB) launched a photo exhibition to celebrate over five decades of partnership with the Government of Nepal (GoN) in the energy sector—a collaboration that has played a pivotal role in advancing the country's development and energy transformatio...}
Kathmandu: Nepal has marked a historic milestone in its energy sector with the formal initiation of exporting 40 MW of electricity to Bangladesh through India’s transmission grid. The export agreement, set to continue for the next five years during the wet season, symbolizes a significant step...}
Historically, Nepal’s energy sector financing has predominantly focused on small to medium-sized projects, which have played a crucial role in laying the foundation of the country’s energy infrastructure and supplying essential electricity to households...}
Kathmandu: MCA-Nepal has signed a contract for an 18-kilometer cross-border electricity transmission line, a critical component of the Electricity Transmission Project under the Millennium Challenge Corporation (MCC) Nepal Compact, funded by the Government of Nepal and the U.S. Government.
The co...}
Kathmandu; While a number of hydropower projects have been struggling to conclude their financial closure, a government committee has recommended canceling the power purchase agreement (PPA) of all types of hydropower projects above 100 MW that have failed to find financial resources for the pa...}
Kathmandu; The government has allocated a budget of Rs 87.45 billion for the Ministry of Energy, Water Resources and Irrigation (MoEWRI) for fiscal year 2023/24, which is Rs 21.15 billion less compared to the amount allocated in the sector for the current fiscal year.
The government has cut...}
Kathmandu: A delegation of Nepal Chamber of Commerce met with Deputy Prime Minister and Minister of Energy, Water Resources and Irrigation Rajendra Lingden and urged to implement the government’s slogan ‘Nepal’s water, people’s investment’.
In the meeting with M...}
KATHMANDU, The licensed hydropower developers can now construct design-discharge of Q20 projects, with the government enforcing a policy to take the country’s water resources to their optimum use based on the feasibility of hydropower development.
Previously, the Department of Electric...}
Minister for Energy, Water Resources and Irrigation, Pampha Bhusal has urged the entrepreneurs to construct structures for operating all types of home appliances with the use of electricity within the coming year.
She said this while addressing a greetings exchange program...}