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
Iran turning problems into opportunities, making billions of dollars under the guise of war
Kathmandu. Iran has turned the war with the US and Israel into an opportunity. The U.S. targeted military bases near the island of Kharg Iran, but did not directly target an oil terminal for fear of a global oil crisis. Taking advantage of this, I...
An increase of 8.97 points in NEPSE, turnover above 11.1 billion
Kathmandu. On the fifth trading day of the week, the NEPSE index increased by 8.97 points to 2671.07. During the day, 277780584 shares of 337 companies were bought and sold, totaling 11.10 billion 25 million shares. Today, while the share price of...
New interest rate of commercial banks for August announced, how much of which bank?
Kathmandu. The rate of interest of commercial banks has continued to decrease. This is shown by the details of the new interest rates released by the commercial banks for the month of August. Compared to July, the average interest rate for both in...
The government reduced the limit of cash transactions, transactions above 5 lakhs should be done through banking
Kathmandu. The government has reduced the limit of cash transactions. The cabinet meeting held on Monday has set a limit that the purchase and sale of services, goods or other transactions of 5 lakhs or more at a time...
65 crore worth of agricultural products in Parbat
the mountain In Parbat, which is becoming self-sufficient in food and vegetables, more than Rs. In the financial year 2081 and 2082, the volume of agricultural products produced by giving priority to the six main crops was traded. According to Par...
Solu Hydropower's IPO is being distributed today, how many will get shares?
Kathmandu. The IPO of Solu Hydropower Limited will be distributed today. Nabil Investment Banking Limited and Himalayan Capital Limited will distribute the IPO today at 3:30 PM as the company's securities issuing and sales managers.
In the c...