Dedicated trunk line dues dispute: Time given by authority expires today
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.
Express
Related News
Despite ample imports, gas shortages in the market, consumers still on the line
Kathmandu. In the last two weeks, about 30,000 metric tons of cooking LP gas has been imported into Nepal, businessmen have claimed. According to industrialists, an average of more than 100 bullet gas is being imported daily. However, although the...
What is the foreign currency exchange rate on Sunday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 70 paisa and the selling rate ha...
What is the exchange rate of which foreign currency on Saturday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the exchange rate set for today, the value of the US dollar has increased again. According to the fixed exchange rate, the buying rate of one...
A modest increase in NEPSE today, trading at 3 billion 44 crores
Kathmandu. On the second trading day of the week, NEPSE index decreased by 6.74 points to 2601.61. During the day, 7.757 thousand 625 shares of 329 companies were bought and sold. Today, while the share price of 155 co...
Rastra Bank is issuing 20 billion rupees bonds today
Kathmandu. Nepal Rastra Bank is going to issue bonds worth 20 billion rupees again today on January 23rd. The Central Bank is going to issue 'Nepal Rastra Bank Bond 2083 E' today. This bond will be discussed online till 2 pm today. The interest ra...
Tortoise speed of budget implementation in Karnali Province: Development expenditure under 20% in 8 months
Surkhet. Even though the Karnali state government has passed the two quarter period of the current financial year, it has not been able to show encouraging results in the implementation of the budget. After the end of 8 months of February of the f...



