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 Invites Proposals to Modernize Electricity Bill Collection System

CEO Tab by CEO Tab
April 19, 2026
in Prime News
0
NEA invites hydropower promoters for PPA
76
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

The Nepal Electricity Authority (NEA) has called for proposals from qualified service providers to enhance the efficiency and user-friendliness of its electricity bill collection system.

You might also like

Nepal Imports Paddy and Rice Worth Rs 5.61 Billion in Two Months

Six Construction Companies Blacklisted for Violating Karnali Highway Contracts

922 Startups Receive Rs 1.057 Billion in Concessional Loans

The authority is seeking firms capable of facilitating digital transactions. Interested applicants must submit valid company registration and renewal documents, along with a payment service provider license issued by Nepal Rastra Bank.

Bidders are also required to provide tax clearance certificates, including income tax and VAT filings up to the last fiscal year, as well as company statutes and bylaws. A self-declaration confirming legal eligibility is mandatory.

Additionally, applicants must commit to furnishing bank guarantees as specified by NEA, ensuring the availability of digital payment services even in remote areas, and maintaining strict confidentiality and security of the authority’s revenue data.

Service providers must agree to deposit collected funds into designated bank accounts as directed by NEA while ensuring maximum convenience for users through multiple payment channels.

Applicants are required to employ at least five technically qualified personnel and submit detailed information about their operational reach, service networks, integration with NEA’s revenue system, and the software and equipment they intend to use.

Proposals must also outline coordination mechanisms with NEA, including timelines and procedures for depositing collected revenue and ensuring its security.

According to the notice, customers paying up to Rs 500 must receive services free of charge. For payments between Rs 501 and Rs 5,000, service providers can charge a maximum fee of Rs 5 per transaction. The cap is Rs 8 for payments between Rs 5,001 and Rs 10,000, and Rs 10 for amounts above Rs 10,000.

Selected service providers are required to sign an agreement within 15 days of approval and submit a bank guarantee of at least Rs 10 million from a Class ‘A’ commercial bank, valid for a minimum of one year. Daily collections must not exceed the guaranteed amount.

NEA has clarified that it will not pay any service fees to providers for collection services. In case of disputes, a resolution committee will be formed under a board-appointed director, with representation from NEA officials and the selected service provider.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Nepal Imports Paddy and Rice Worth Rs 5.61 Billion in Two Months

by CEO Tab
October 4, 2026
0
Nepal Imports Paddy and Rice Worth Rs 5.61 Billion in Two Months

Nepal imported more than 106 million kilograms of paddy and rice worth Rs 5.61 billion during the first two months of the current fiscal year, according to the...

Read more

Six Construction Companies Blacklisted for Violating Karnali Highway Contracts

by CEO Tab
October 4, 2026
0
Six Construction Companies Blacklisted for Violating Karnali Highway Contracts

Six construction companies contracted for the construction and upgrading of roads along the Karnali Highway have been blacklisted for violating contractual obligations. The Public Procurement Monitoring Office took...

Read more

922 Startups Receive Rs 1.057 Billion in Concessional Loans

by CEO Tab
October 4, 2026
0
922 Startups Receive Rs 1.057 Billion in Concessional Loans

A total of 922 startups have received concessional loans worth Rs 1.057 billion under the government’s startup financing scheme. According to the Industrial Enterprise Development Institute (IEDI) under...

Read more

Airlines Face Fines of Up to Rs 1.5 Million for Overcharging Passengers

by CEO Tab
October 4, 2026
0
Airlines Face Fines of Up to Rs 1.5 Million for Overcharging Passengers

The government has proposed strict action against airlines that charge passengers fares above the approved rates by taking advantage of festivals, disasters and other emergencies. A bill drafted...

Read more

Finance Minister Wagle Urges AIIB to Expand Investment in Nepal

by CEO Tab
September 30, 2026
0
Finance Minister Wagle Urges AIIB to Expand Investment in Nepal

Finance Minister Dr Swarnim Wagle has urged the Asian Infrastructure Investment Bank (AIIB) to increase investment in Nepal’s infrastructure and productive sectors while making its financing more accessible...

Read more
Next Post
NOC expedites petroleum storage facility construction process

NOC Explains Rise in Fuel Prices in Nepal Amid Increasing Global Rates

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.