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 Pokhara-Muglin road affected due to non-removal of electricity poles
Kathmandu. The construction of the Pokhara section under the Pokhara-Muglin road project has been affected due to the non-removal of the poles of the 11 kV dedicated power line taken to the Pokhara International Airport. Due to the non-removal of...
NMB Bank launches Pre-Owned EV loan for personal and commercial purposes
Kathmandu. NMB Bank Limited has launched a second-hand EV loan facility with the aim of facilitating the purchase of old (second-hand) electric vehicles for individuals and various organizations. This initiative of the bank, which is prioritizing...
Kalanga Hydro's IPO will be distributed on Wednesday, how many will get shares?
Kathmandu. The IPO of Kalanga Hydro Limited will be distributed on Wednesday. Sanima Capital Limited IPO is being prepared for distribution on Wednesday morning in the company's Securities Issuance and Sales Manager. Capital informed that the dist...
NEPSE rose, the index to 2,597 points as share prices of 121 companies increased
Kathmandu. On Thursday, the last trading day of the current financial year, the Nepal Stock Exchange NEPSE index has closed with an increase of normal points. The market, which has been fluctuating throughout the day, improved at the end of tradin...
The price of the American dollar is the highest so far, how much is one dollar Nepalese rupee?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Saturday today. According to the fixed exchange rate, the value of the US dollar has reached its highest point so far. The buying r...
Expensive lessons for the government due to lack of insurance, the loss of Gen-G movement exceeded 84 billion
Kathmandu. It is seen that the government itself has to bear the financial burden of the damage caused during the Gen-G movement due to the lack of insurance of government physical structures. According to the government report, more than 36 billi...