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
Fall in gold prices, how much per tola on Friday?
Kathmandu. The price of gold has decreased in Nepali market today. Gold tola has fallen by two thousand rupees. According to the Nepal Gold and Silver Business Federation, gold is being traded at 258,400 rupees per tola today.
On the other h...
Demand to declare emergency in construction sector
Kathmandu. The Construction Industry Council has demanded to declare an emergency in the construction sector. In a statement issued by the council, it is said that the industry has come to a standstill due to the excessive increase in the price of...
The new exchange rate of the foreign currency, the selling rate of the US dollar crossed Rs.153
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for August 27. According to the Central Bank, the buying rate of one US dollar has remained at 152 rupees 59 paise and the selling rate of 153 rupees 19 pai...
Cash transaction limit of 5 lakhs maintained, 10 lakhs system abolished
Kathmandu. Nepal Rastra Bank has implemented a system where cash cannot be withdrawn by exchanging checks worth more than 5 lakh rupees. The Central Bank has made it compulsory to have an account payable when issuing checks above 5 lakhs. The limi...
FPO Allotment of Vijay Laguvitta
Kathmandu. The FPO of Vijay Laguvitta Financial Institution has been distributed today on 6th of January. The FPO of Vijay Laguvitta was distributed this morning at the office of securities sales manager NMB Capital. After the merger of Savik's ne...
The Employment Service Center will now be transformed into an 'Employment, Skills and Entrepreneurship Centre'
Kathmandu. The government has started the process of transforming the employment service centers at the local level across the country into 'employment, skills and entrepreneurship centres'. The Ministry of Youth, Labor and Employment issued a pre...