Adding date of commercial production of hydropower projects
Kathmandu. The Nepal Electricity Authority has prepared to add RCOD to the final date for starting commercial production of hydropower projects that have not been able to start commercial production due to various reasons despite the PPA.
The Authority has put forward a new RCOD management policy by classifying the hydropower projects into four different groups based on the on-site condition of the construction, the condition of fulfilling the obligations mentioned in the PPA and the overall physical progress.
The meeting of the Board of Directors of the Authority held on 32nd June has taken a formal decision to classify the projects that have PPA but have not yet been put into commercial operation into 'A', 'B', 'C' and 'D' groups.
Express
Related News
Solu Hydropower will issue IPO from November 7th
Kathmandu. Solu Hydropower Limited is going to issue the first phase of IPO for the local residents affected by the project and the Nepalese who have gone for foreign employment from the coming 7th of November. The company has received permission...
Demand to declare emergency in construction sector
Kathmandu. The Construction Industry Council has demanded to declare an emergency in the construction sector. In a statement issued by the council, it is said that the industry has come to a standstill due to the excessive increase in the price of...
Here is the foreign currency exchange rate for today
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to which, the buying rate of one American dollar is fixed at 152 rupees 25 paisa and the selling rate is 152 rupees 85 paisa.
The buying r...
Corporation's request to avoid unnecessary storage of gas
Kathmandu. Nepal Oil Corporation has requested everyone to purchase LP gas only as needed and not to store it unnecessarily. The corporation has requested the gas industry and sellers of LP gas to arrange the sale and distribution of LP gas by giv...
There is no shortage of gas in the market: Nigam
Kathmandu. In Nepal, the Oil Corporation has stated that there is no shortage of LP gas for cooking in the market as it has been regularly supplied. India's Barauni Refinery Center was closed for a week for repairs and it took time to supply gas f...
After raising the discretionary price of Khasi meat, the government's interest, preparation to fix the maximum price limit
Kathmandu. After increasing the price of beef in the market, the government has started preparing to set a price limit. The Ministry of Agriculture, Forestry and Environment has made such preparations after receiving public complaints that the pri...



