CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

NEA to start collecting Rs 6 billion arrears from the local govts

CEO Tab by CEO Tab
November 23, 2023
in Prime News
0
NEA invites hydropower promoters for PPA
75
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The Nepal Electricity Authority (NEA) has started collecting street light arrears. The NEA has asked the local level authorities to settle their dues within a week and to install meters for street lights.

You might also like

Nepal’s Economy Projected to Reach Rs 6.6 Trillion, but Growth Slows to 3.85%

FNCCI Reschedules 60th AGM and Leadership Election for May 4 After Court Stay

NPC Says Upcoming Budget to Emphasize Governance Reform and Long-Term Economic Growth

A total of 332 local governments are yet to clear Rs 6.9 billion they owe to the NEA for the usage of street lights, as of the month of Ashadh (mid-June to mid-July).

Metropolitan cities, sub-metropolitan cities, municipalities, and rural municipalities are among those with outstanding dues. The NEA had set a deadline of 45 days, starting from October 8, for local governments to settle their street light arrears.

After the one-and-a-half-month period, the NEA has started collecting the arrears. The NEA has issued a warning that if the local governments fail to pay the street light tariff  within seven days and do not install meters, their power lines will be disconnected.

The NEA has made it clear that installing street lights randomly without installing meters is considered illegal.

The NEA has requested the local governments not to install street lights without installing meters. The NEA has also asked the local governments to pay the fee for unmetered lights.

Kathmandu Metropolitan City holds the highest street light arrears. According to the NEA, Kathmandu Metropolis alone has yet to pay Rs 1.81 billion for street lights.

Local authorities from the remaining 331 municipalities have yet to settle an outstanding amount of NPR 4.27 billion, as disclosed by the NEA. Kathmandu Metropolitan City has said that it has collected a total of Rs 1.81 billion from the Balaju, Baneshwor, Ratnapark, Kuleshwor, Maharajgunj, and Kirtipur distribution centers for streetlight taxes.

Furthermore, metropolitan cities such as Biratnagar, Birgunj, Lalitpur, Pokhara, and Bharatpur, along with sub-metropolitan cities like Itahari, Dharan, Hetauda, Janakpur, Butwal, Nepalgunj, Ghorahi, Birendranagar, and Dhangadhi, are yet to pay their street light tariffs.

There has been a dispute between the NEA and the local level authorities regarding the arrears of street lights for a long time.

Arrears recovery regulations

In the case of consumers who do not pay the electricity tariff on time, according to the existing Tariff Collection Regulations, 2078 BS, there is a provision to attract additional fees from the 16th day of the meter reading. From the 16th day to the 30th day from the date of meter reading, an additional fee of five percent is charged.

Similarly, from the 31st day to the 40th day, there is a provision to charge an additional fee at the rate of 10 percent. Consumers who do not pay the electricity tariff even on the 40th day from the date of meter reading will be charged an additional fee of 25 percent of the bill from the 41st day.

In this way, there is a provision in the regulation that the power line of the electricity consumer who does not pay the arrears even after the 60th day of the additional charge at the rate of 25 percent can be disconnected.

There is also a provision in the regulations of the NEA to blacklist the electricity consumers who do not pay the arrears even after six months after the line has been disconnected and proceed with the recovery process.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Nepal’s Economy Projected to Reach Rs 6.6 Trillion, but Growth Slows to 3.85%

by CEO Tab
April 29, 2026
0
Nepal’s Second Economic Census to Begin on March 15

Nepal’s economy is projected to reach Rs 6.6 trillion by the end of the current fiscal year (FY), marking an increase of Rs 401 billion, according to preliminary...

Read more

FNCCI Reschedules 60th AGM and Leadership Election for May 4 After Court Stay

by CEO Tab
April 29, 2026
0
Nepal trails behind many countries in 13 global indices

The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has announced that it will hold its 60th Annual General Meeting (AGM) and leadership elections on May 4....

Read more

NPC Says Upcoming Budget to Emphasize Governance Reform and Long-Term Economic Growth

by CEO Tab
April 29, 2026
0
NPC directs to carry out a feasibility study of tunnel in Myagdi

National Planning Commission (NPC) member Dr Sanjay Acharya has said the upcoming Fiscal Year (FY) 2026/27 budget will focus on strengthening good governance and laying the foundation for...

Read more

Nepal Launches One-Stop Digital Service Center to Streamline Investment Process

by CEO Tab
April 29, 2026
0
Investment Board to approve investment worth $10 billion  in 5 years

The Investment Board Nepal (IBN) has introduced a one-stop service center aimed at making investment procedures easier and more accessible for potential investors. The board has launched an...

Read more

Nepal’s Capital Gains Tax from Share Trading Falls by 36%

by CEO Tab
April 27, 2026
0
Govt collects CGT of Rs 4.23 billion in first month this FY

The government collected Rs 8.17 billion in capital gains tax (CGT) from share transactions during the first nine months of the current fiscal year, marking a 36.44 percent...

Read more
Next Post
46 MW Upper Balephi Hydropower inks power purchase agreement with NEA

46 MW Upper Balephi Hydropower inks power purchase agreement with NEA

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.