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 cuts off power supply to 14 industries

CEO Tab by CEO Tab
December 31, 2023
in Prime News
0
NEA invites hydropower promoters for PPA
75
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

The Nepal Electricity Authority (NEA) has cut power supply of additional 14 industries. According to the NEA, it has cut power supply of additional 14 industries that consumed electricity from dedicated feeders and trunk lines in the past, but have not paid the premium fee. 

You might also like

Nationwide Economic Survey Begins, 5,000 Personnel Deployed

Govt Unveils Ambitious Plan for 7% Growth and $100 Billion Economy

NOC Warns Against Misinformation as Fuel Losses Near Rs 7.8 Billion

The Authority cut the electricity lines of industries with power tariff arrears of more than Rs. 50 million under the dedicated feeders and trunk lines. The NEA started cutting the lines of industries who refused to pay power tariff from December 22, 2023. In the first phase, electricity of four industries with arrears of more than Rs. 1 billion and then five industries was cut off. Along with 14 more industries whose power supply was cut on Friday, 23 industries getting power supply from dedicated feeder and trunk lines have been cut off.

The electricity supply of Baba Jute Mills (Rs. 56.1 million), Nigale Cement (Rs. 142.1 million), Triveni Synthetic Yarn Industries (Rs. 156.6 million), Himal Iron and Steel (Rs. 81.3 million), Jagdamba Enterprises (Rs. 476.6 million), Hama Iron (Rs. 115.5 million) and Everest paper Mills (Rs. 213.6 million) have been cut on Friday. Similarly, electricity supply of Cosmos Cement (Rs. 358.2 million), Shubhashree Agni Cement (Rs. 381 million), Jagdamba Synthetic (Rs. 475.3 million), Gharana Foods (Rs. 50.9 million), Siddhartha PET Plast (Rs. 52.4 million), Butwal Cement (Rs. 329.8 million), Narayani Ispat (Rs. 784.9 million) has been cut.

The electricity tariff arrears of Jagdamba Steels stood at Rs. 4.14 billion, Reliance Spinning Mills at Rs. 1.94 billion, Ghorahi Cement at Rs. 1.36 billion and Arghakhanchi Cement at Rs. 1.3 billion. According to the Authority, 61 industries have to settle Rs. 22.24 billion in arrears.

After the NEA has started to cut electricity supply of industries having electricity arrears continuously, the private sector representatives on Friday met Prime Minister Pushpa Kamal Dahal ‘Prachanda’ and requested to resolve the dispute according to the legal system at the earliest.

They have drawn the attention of the Prime Minister to immediately connect the electricity of those industries whose line has been cut citing that there are arrears without actual basis and proof or non-payment of arrears. 

In the meantime, the NEA has made it clear that it has a strategy to cut power supply lines of industries that do not pay electricity arrears under the dedicated feeders and trunk lines. 

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Nationwide Economic Survey Begins, 5,000 Personnel Deployed

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

The second nationwide economic survey has commenced today, with the National Statistics Office (NSO) confirming that enumerators and supervisors have already been deployed to their assigned areas. The...

Read more

Govt Unveils Ambitious Plan for 7% Growth and $100 Billion Economy

by CEO Tab
April 15, 2026
0
OPMCM

The government has pledged to achieve an average economic growth rate of 7 percent over the next five years, with targets to raise per capita income to $3,000...

Read more

NOC Warns Against Misinformation as Fuel Losses Near Rs 7.8 Billion

by CEO Tab
April 15, 2026
0
NOC expedites petroleum storage facility construction process

Nepal Oil Corporation (NOC) has expressed serious concern over misleading information circulating on social media regarding petroleum product prices. According to a new price list received from Indian...

Read more

Mandatory MRP Labelling and Billing Rule Enforced for Imported Goods

by CEO Tab
April 15, 2026
0
Mandatory MRP Labelling and Billing Rule Enforced for Imported Goods

The Department of Commerce, Supplies and Consumer Protection (DoCSCP) has given businesses a 15-day deadline to comply with a new regulation requiring all imported goods to display a...

Read more

NEA Warns of Action Against Defaulters Over Outstanding Electricity Dues

by CEO Tab
April 13, 2026
0
NEA invites hydropower promoters for PPA

The Nepal Electricity Authority (NEA) has warned of taking action against customers who have failed to clear outstanding electricity dues for power supplied through dedicated feeders and trunk...

Read more
Next Post
Agreement to create short-term jobs for 1,000 tourism employees

More than one million tourists arrive in 2023

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.