Dedicated trunk line dues dispute: Time given by authority expires today
-
Media Baaji
- Sun, 19 October 2025
Kathmandu. The last time given by Nepal Electricity Authority to pay the outstanding amount of dedicated and trunk line is ending today. According to the installment facility provided by the authority to the industrialists, if they do not pay the installments even by this evening, the authority has warned that the line will be cut in the industries.
The Authority has provided a 28-month installment facility for industrialisats who want to pay their arrears. Earlier, the meeting of the authority's board of directors held on 12 October canceled all the activities related to the administrative review and issued a notice to pay the arrears within 17 October.
However, the authority again corrected the previous notice on 13 October and issued a notice to pay the dues within 2 October. According to the same information, the time for industrialists to pay dues is ending today. However, the authority said that only 9 industries have paid installments so far.
According to Manoj Silwal, executive director of the authority, so far Hama Iron and Steel has paid Rs 20 lakh 90 thousand to the authority for the first installment. Lakshmi Steel has paid Rs 84 lakh 98 thousand, Best Cement Rs 4 lakh, Hulas Steel Rs 50 lakh 43 thousand and Ashok Steel Rs 63 lakh.
Related News
Extension of application deadline for companies dealing in real estate
Kathmandu. The Department of Land Management and Records has extended the deadline for applications for firms, companies or organizations that want to get a license to deal with real estate. The department has extended...
China to launch new action plan to strengthen digital currency management and operations
Kathmandu. China has announced that it will launch a new 'action plan' to strengthen the management and operation of its digital currency from January 1. Lu Lei, the deputy governor of People's Bank of China PBOC, the country's central bank, gave...
9.23 points increase in NEPSE, turnover above 9 billion
Kathmandu. On the second trading day of the week, the NEPSE index increased by 9.23 points to 2714.61. During the day, 10.9 million 75 thousand 756 shares of 332 companies were bought and sold, and 9 billion 73.39 million shares were traded. Today...
Stock markets rose by double digits, greener on Bikas Bank and Hydropower indices
Kathmandu. On the third day of the week, i.e. Tuesday, the stock market has increased by double digits. Today, the NEPSE index increased by 13.51 points to 2812.34 points. In the stock market today, 348,520,000 shares of 340 companies of various s...
What is the foreign exchange rate on Saturday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. Fixed exchange rate The buying rate of one US dollar is 148 rupees 07 paisa and the selling rate is 148 rupees 67 paisa. Similarly, the buying rate of the...
National Life honored the CEO Club members of Bagmati Province
Kathmandu. National Life Insurance Company Ltd. has completed the CEO Club member honor program under the chairmanship of the company's chief executive officer at Wave Hospitality located in Kathmandu. In financial year 2081/82, more than 500 agen...