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 adopts strategy to reduce electricity leakage to 8.5 percent

CEO TAB by CEO TAB
September 25, 2019
in Prime News
0
75
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

– Ramesh Lamsal

You might also like

Construction Begins on 16 MW Machha Khola Hydropower Project in Gorkha

NRB Imposes Limits on CEOs’ Salaries and Benefits in Banking Sector

Government Appoints Dr. Gopal Prasad Bhatt as SEBON Chairperson

Kathmandu, September 25: Nepal Electricity Authority (NEA) has set the goal of reducing electricity leakage in a strategic approach. If the plan set by the country’s power utility is implemented fully, the electricity leakage towards distribution in the current fiscal year will be confined to 8.50 percent. The leakage towards distribution is presently 11.28 percent.

NEA has stated that its target is to reduce the power leakage towards distribution by 2.78 percent to 8.50 percent in the fiscal year 2018/19. In this connection, NEA has issued circulars to its seven province level and two-division offices, and through them to all the distribution centres regarding the power leakage reduction target, urging them to carry out works accordingly. The electricity leakage which was 25.78 percent when Kulman Ghising was appointed the NEA Executive Director has been brought down to 15.32 per cent in three years.

The NEA has stated that it has earned an additional Rs 7 billion annually by checking a total 10.46 percent leakage. NEA had a loss amounting to Rs 8.89 billion until fiscal year 2015/16. Its net profit last fiscal year 2017/18 was Rs 7.20 billion.

The power utility has been carrying out works like checking power pilferage, adopting stringent measures to recovering the arrears and strengthening the transformer, distribution line, and the sub-stations as well as making arrangements for more of these for reducing the technical leakage, on a campaign basis.

Similarly, to reduce the bob-technical leakage, NEA has initiated works on a campaign footing for reducing electricity pilferage, taking stringent measures for realizing the arrears, taking strong action against persons involved in meter by-pass and electricity hooking, replacing the malfunctioning electricity metres, encouraging customers to take metres and identifying customers at whose houses electricity metres have not been read.

NEA Executive Director Ghisng said this campaign which has been started across the country would be further galvanized and made effective for curtailing both technical and non-technical electricity leakage. RSS

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

Construction Begins on 16 MW Machha Khola Hydropower Project in Gorkha

by CEO Tab
June 21, 2026
0
Construction Begins on 16 MW Machha Khola Hydropower Project in Gorkha

Construction has officially commenced on the 16-megawatt Machha Khola Hydropower Project in Ward No. 5 of Dharche Rural Municipality, Gorkha district. The project, being developed by Water Energy...

Read more

NRB Imposes Limits on CEOs’ Salaries and Benefits in Banking Sector

by CEO Tab
June 21, 2026
0
NRB Imposes Limits on CEOs’ Salaries and Benefits in Banking Sector

In a bid to enhance transparency, accountability, and corporate governance in Nepal's banking sector, Nepal Rastra Bank (NRB) has introduced new limits on the salaries and benefits of...

Read more

Government Appoints Dr. Gopal Prasad Bhatt as SEBON Chairperson

by CEO Tab
June 21, 2026
0
Government Appoints Dr. Gopal Prasad Bhatt as SEBON Chairperson

The government has appointed Dr. Gopal Prasad Bhatt as the new Chairperson of the Securities Board of Nepal (SEBON). The appointment was made during a Cabinet meeting held...

Read more

ADB Approves $115 Million Concessional Loan to Strengthen Water and Sanitation Services in Nepal

by CEO Tab
June 21, 2026
0
ADB Approves $115 Million Concessional Loan to Strengthen Water and Sanitation Services in Nepal

The Asian Development Bank (ADB) has approved a concessional loan of $115 million to enhance climate-resilient water supply and sanitation services and strengthen institutional capacity in rapidly urbanizing...

Read more

Banks’ Lending Trails Deposit Growth as Excess Liquidity Builds Amid Economic Slowdown

by CEO Tab
June 21, 2026
0
Banks’ Lending Trails Deposit Growth as Excess Liquidity Builds Amid Economic Slowdown

Commercial banks in Nepal have extended loans amounting to less than half of the deposits they collected during the first 11 months of the current fiscal year, leading...

Read more
Next Post

Finland and UAE pledge to cooperate Nepal's development efforts

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.