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

51 EVs charging stations launched across the country

CEO Tab by CEO Tab
September 7, 2023
in Prime News
0
51 EVs charging stations launched across the country
75
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

Nepal Electricity Authority (NEA) has put into operation 51 charging stations for electric vehicles (EVs) built at various locations across the country. Organizing a program in Kathmandu on Wednesday, the NEA officially launched the charging stations across the country.

You might also like

SEBON Orders Probe into NEPSE Trading Halt Over Technical Glitch

Nepal’s Foreign Exchange Reserves Nearly Triple to Rs 3.95 Trillion in Five Years

Capital Gains Tax Revenue Falls 54% to Rs 1.25 Billion in Two Months

Minister for Energy, Water Resources and Irrigation Shakti Bahadur Basnet and Secretary Dinesh Kumar Ghimire jointly inaugurated a rapid charging station set up at Nepal Police Club, Bhrikutimandap on Wednesday.

Speaking at the program, Minister Basnet said that many charging stations have been put into operation across the country to minimize the impact of fossil fuel on climate change that has been increasing recently. He said that in order to promote the use of EVs, which has been increasing in Nepal recently, the government is still working for the expansion of charging stations nationwide. “Today, we have formally inaugurated charging stations in 51 different locations across the country. This is just the beginning,” he said.

Such charging stations have been constructed alongside the main highways, busparks and big cities of all seven provinces. These facilities have been constructed under the Electric Vehicle Charging Infrastructure Development Project with investment of NEA, concessional loan from the Asian Development Bank and technical assistance from the Norwegian government.

The charging stations were constructed with an investment of around Rs 400 million. Big buses, micro buses, trucks, pickup vans and cars can be charged in 26 of the charging stations while big and small cars can be charged in 25 stations.

On the occasion, Minister Basnet described the operation of the 51 charging stations as an important step towards sustainable development of the country through reduction in carbon emissions and the adverse impact of climate change by means of consumption of clean energy.

Stating that the government is working towards policy and legal provisions for the promotion of electric vehicles, he said the investors are being enticed to manufacture EVs in the country itself.

Energy Secretary Ghimire said the transport sector is a key area to  increase domestic consumption of electricity and the use of EVs will help boost per capita energy consumption.

NEA Executive Director Kulman Ghising said the charging stations have been set up for promoting EVs. Stating that EVs are 15 to 20 times cheaper than petrol-operated vehicles, he said use of EVs will also make a positive contribution to the foreign currency reserve of the country.

He said that the charging stations will help in the campaign to increase the consumption of electricity produced in Nepal. “We are constantly emphasizing on electricity consumption, we have brought 51 charging stations into operation across the country to facilitate it,” he said, “Eleven more charging stations are under construction.”

Addressing the program, he also said that the policy amendment has been done to facilitate the private sector for the construction of charging stations. “Now it is no longer possible for the government alone to invest in all areas. We have planned to facilitate the private sector in its construction,” he said, “We have started the process of legal facilitation for the construction of charging stations for the private sector.” He also shared on the occasion that the NEA is going to install 500 more charging stations across the country.

Chief of ADB South Asia Energy Division, Sujata Gupta said transport is an important sector for reducing carbon emissions and stressed on construction of infrastructures that promote the use of electric vehicles.

It will cost 70 paisas per kilometer for charging a car, 80 paisas for charging SUVs, 90 paisas for charging micro bus and Rs 1.20 for charging a bus. Depending on the battery capacity of the vehicles available in Nepal, it takes at least half an hour to one hour for fully charging a vehicle.

Each charging station is equipped with a 142 kilowatt capacity charger, a 50 kVA transformer for power supply and an online billing system. Fast charging 60/60 KW DC and 22 KW AC chargers have been placed at the charging station.

With this, three vehicles including a big bus can be charged simultaneously. A contract was signed with Wangwang Digital Energy Corporation Limited, Jiangsu, China for Rs 377,955,000 (excluding tax) for the construction, supply, installation, testing, operation and maintenance of the charging stations.

The maintenance of the charging stations will be done by the contractor company for five years since the beginning of operation. The software of the charging station will be kept in the authority’s data center.

All 51 stations will be controlled from Kathmandu. After charging the vehicle, the customer can pay the bill through QR code and mobile app. 

The NEA said 51 rapid charging stations, including two in Dharke of Dhading, one each at Chitwan, Mugling and Pokhara bus parks and four in Kathmandu have come into operation from Wednesday. 

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

SEBON Orders Probe into NEPSE Trading Halt Over Technical Glitch

by CEO Tab
September 22, 2026
0
SEBON Orders Probe into NEPSE Trading Halt Over Technical Glitch

The Securities Board of Nepal (SEBON) has directed the Nepal Stock Exchange (NEPSE) to investigate the technical problem that forced the suspension of regular trading and submit a...

Read more

Nepal’s Foreign Exchange Reserves Nearly Triple to Rs 3.95 Trillion in Five Years

by CEO Tab
September 22, 2026
0
Nepal’s Foreign Exchange Reserves Nearly Triple to Rs 3.95 Trillion in Five Years

Nepal’s foreign exchange reserves have nearly tripled over the past five years, reaching Rs 3.946 trillion by mid-August 2026, supported by rising remittance inflows, tourism earnings, foreign aid...

Read more

Capital Gains Tax Revenue Falls 54% to Rs 1.25 Billion in Two Months

by CEO Tab
September 22, 2026
0
Capital Gains Tax Revenue Falls 54% to Rs 1.25 Billion in Two Months

Government revenue from capital gains tax (CGT) fell by 54.42 percent in the first two months of the current fiscal year, amid a sharp decline in share transactions...

Read more

Govt Considers Scrapping VAT on Electricity Tariffs Amid Mounting Pressure

by CEO Tab
September 22, 2026
0
Govt Considers Scrapping VAT on Electricity Tariffs Amid Mounting Pressure

The government is considering withdrawing the Value Added Tax (VAT) imposed on electricity tariffs from the beginning of the current fiscal year, amid growing pressure from various sectors...

Read more

FDI Commitments Plunge 66% to Rs 11.12 Billion in First Two Months

by CEO Tab
September 22, 2026
0
FDI Commitments Plunge 66% to Rs 11.12 Billion in First Two Months

Foreign direct investment (FDI) commitments in Nepal fell by 66.39 percent in the first two months of the current fiscal year 2026/27 compared to the same period last...

Read more
Next Post
10 firms keen to receive stockbrokers licenses

11 more companies get shares trading license

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.