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

Minister Bhusal pledges full electrification within two years

CEO Tab by CEO Tab
August 12, 2021
in Prime News
0
RS_KTM-1414

Minister Bhusal pledges full electrification within two years

74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Minister for Energy, Water Resources, and Irrigation Pampha Bhusal has vowed full electrification access to all the households in the country within two years.

You might also like

Inflation Surges to 6.34% as Remittances and Foreign Reserves Rise

NEPSE Rises for Sixth Consecutive Day, Closes at 2,625.93

Share-Backed Loans Surge to Rs 167.85 Billion in Nepal

At a press meet organized at her office here on Wednesday, Minister Bhusal also informed that the impoverished household would avail full electrification up to 20 units free of cost. The Nepal Electricity Authority’s Board of Directors had already decided on this which would ensure electricity to people below the poverty line and the decision would be implemented very soon, according to Minister Bhusal.

The Authority will implement the decision as per its social responsibility which is expected to benefit over 2.6 million consumers. The government has also adopted a policy to encourage the usage of home-produced electricity and thereby the use of induction cookers in the country. This would also decrease the volume of import of petroleum products and cooking gas thereby decreasing the trade deficit.

The Minister shared that Tamor hydropower project (Hydel) will produce 756 megawatt, Dudhkoshi Hydel 635 megawatt, Sunkoshi Hydel-III 536 megawatt, Budhi Gandaki Hydel 1,200 megawatt. Similarly, Nalsinghgadh Hydel is likely to generate 410 megawatt of electricity, Naumure Hydel 245-megawatt, Madi Dang Diversion West Seti project 750 megawatt. She also added that the government would expedite the construction of Rasuwagadhi Hydel expected to generate 111 megawatt, Sanjen Hydel 57 megawatt, Madhyabhote Koshi 102 megawatt, Trishuli III B 37 megawatt, Rahughat Hydel 40 megawatt, Tanahu Seti Hydel 140 megawatt.

Minister Bhusal said that the government had taken forward programs to enhance the capacity of sub-station and transmission lines and ensure electricity optimizing alternative sources of energy in those places not connected with the national transmission grid.

In the urban areas, according to the Minister, all the electricity lines and cables would be installed underground and smart-meters would be installed in all households and sub-stations would be automated. In a bid to make the country reliant on agricultural production, electrification would take place for irrigation in arable lands.

Likewise, so as to decrease the import of agricultural products, farmers would be provided with maximum concessions on electricity used for irrigation. Eighty percent of power tariffs would be waived for irrigation during peak hours and cent-percent during normal hours under the program to be launched to provide irrigation to cultivable lands across the country. It has referred to the use of shallow tubewell to lift lifestyles of marginalized and small farmers.

This drive is expected to help raise the lifestyles of 388,000 households engaging in agriculture, said Minister Bhusal. With the aim to displace diesel and petrol vehicles and encourage electric ones, the government will provide concessions on electricity and aims to construct 50 charging stations within this year. The Ministry and offices under it will themselves purchase electric vehicles except for heavy-duty ones. There has been a policy put forward of ensuring the trans-border electricity bazaar for the export of surplus power.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Inflation Surges to 6.34% as Remittances and Foreign Reserves Rise

by CEO Tab
October 15, 2026
0
Inflation Surges to 6.34% as Remittances and Foreign Reserves Rise

Nepal Rastra Bank’s report for the first two months of fiscal year 2026/27 shows rising inflation alongside improvements in remittance inflows, foreign trade, the current account and foreign...

Read more

NEPSE Rises for Sixth Consecutive Day, Closes at 2,625.93

by CEO Tab
October 15, 2026
0
NEPSE Rises for Sixth Consecutive Day, Closes at 2,625.93

The Nepal Stock Exchange (NEPSE) gained 4.67 points on Thursday to close at 2,625.93, extending its rally to six consecutive trading days. Daily turnover rose slightly to Rs...

Read more

Share-Backed Loans Surge to Rs 167.85 Billion in Nepal

by CEO Tab
October 15, 2026
0
Share-Backed Loans Surge to Rs 167.85 Billion in Nepal

Banks and financial institutions (BFIs) have increased lending against shares as collateral, with outstanding loans reaching Rs 167.85 billion by mid-September 2026, according to Nepal Rastra Bank (NRB)....

Read more

NTA Fines 14 Internet Service Providers Rs 50,000 Each for Violations

by CEO Tab
October 15, 2026
0
NTA Fines 14 Internet Service Providers Rs 50,000 Each for Violations

The Nepal Telecommunications Authority (NTA) has fined 14 internet service providers Rs 50,000 each for violating approved service packages, overcharging customers and failing to inform users about changes...

Read more

NEPSE Rises 21.32 Points as Daily Turnover Falls to Rs 4.13 Billion

by CEO Tab
October 14, 2026
0
NEPSE Rises 21.32 Points as Daily Turnover Falls to Rs 4.13 Billion

The Nepal Stock Exchange (NEPSE) rose by 21.32 points to close at 2,621.26 on Wednesday, while daily turnover declined to Rs 4.13 billion from Rs 4.73 billion on...

Read more
Next Post
Google workers

Google may cut the pay of "work from home" staff

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

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.