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
What is the exchange rate of foreign currency on Thursday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 52 paisa and the selling rate is 142...
Preparation for operation on Nagadhunga Tunnel from July
Kathmandu. Necessary preparations have been started to bring the vehicles into operation from the month of July through the Nagadhunga-Naubise tunnel. It is expected that with the launch of Nepal's long-awaited tunnel project, traffic on the Naubi...
U.S. to provide more than $3 million in flood relief
The Kathmandu. The U.S. government has announced more than $3.6 million in additional humanitarian assistance for Nepal's flood victims. In a press statement issued on Saturday, the US State Department said that the US will provide more than $3.6...
The Electricity Authority will provide employment to eight more people from the Shaheed family
Kathmandu. The Nepal Electricity Authority has decided to provide employment to eight more family members who were martyred during the Genji movement. Chairman of the Board of Directors and Minister of Energy, Water Resources and Irrigation Virajb...
The price of gold decreased, now how much per tola?
Kathmandu. The price of gold has decreased in Nepali market today. Gold tola has fallen by 200 rupees. According to the Nepal Gold and Silver Traders Federation, today gold is being bought and sold at 3 lakh 1 thousand 500 rupees per tola. Today,...
A decline of 22.33 points in NEPSE, the turnover fell to 8 billion 99 crores
Kathmandu. On the first trading day of the week, the NEPSE index decreased by 22.33 points and remained at the point of 2791.71. During the day, 21.842 thousand 887 shares of 329 companies were bought and sold, totaling 8.999 billion 2.6 million s...



