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 unlikely to meet electricity generation target

CEO Tab by CEO Tab
March 12, 2023
in Prime News
0
Nepal Electricity Regulatory Commission (NERC)
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The Nepal Electricity Authority (NEA) had set a target of generating 811 megawatts of electricity in the current fiscal year and connecting it to the national transmission system. However, in the first eight months of the current fiscal year, only 350 MW of electricity has been added to the national grid.

You might also like

Nepal Secures Over Rs 57 Billion in FDI Commitments in First Ten Months of FY 2024/25

Rampant Cross-Border Smuggling Drains Revenue Amid Collusion at Customs Points

Nepal’s Capital Expenditure Remains Disappointingly Low with Just Two Months Left in Fiscal Year

The state-owned NEA is unlikely to meet its target even in the current fiscal year. 

With only four months remaining in the current fiscal year, an additional 461 MW of electricity should be added to the national grid to meet the target, but this is unlikely to happen. NEA Spokesperson Suresh Bahadur Bhattarai said that there are some problems in meeting the electricity generation target for the current fiscal year.

“The NEA has set an ambitious target for the hydropower projects under construction in the current fiscal year,” he said.

Spokesman Bhattarai said that during the eight months of the current fiscal year, more than 350 megawatts of electricity was added to the national grid from nearly a dozen and a half hydropower projects. So far, over 2500 MW of electricity has been connected to the national grid through hydropower and solar plants.

In the current fiscal year, the electricity generated from the 86 MW Solu Khola (Dudhkoshi) Hydroelectric Project promoted by the private sector has been added to the national grid. Similarly, the electricity produced by 20 small hydropower and solar plants has been connected to the national grid. According to the NEA, 1 MW from Simara, 1 MW from Solar PV Project, 5 MW from Grid Connected Solar Project, 27 MW from Dordi Khola Hydroelectric Project, 8.63 MW from Chepe Khola Microfinance Project and 12 MW from Dordi-1 Hydroelectric Project have been connected to the national grid by mid-October.

According to the NEA, 0.99 MW from Saiti Khola Hydropower Project, 4 MW from Som Radha Krishna Solar Firm, 28.1 MW from Lower Likhu Hydropower Project, 36 MW from Upper Balephi Hydropower Project, 4.96 MW from Puwa Khola 2 Hydropower Project, 25 from Upper Dordi-1 Hydropower Project, 15.1 MW from Madhya Modi Hydropower Project, and 9.5 MW from Madhya Solu Khola Hydropower Project have been connected to the national transmission line.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Nepal Secures Over Rs 57 Billion in FDI Commitments in First Ten Months of FY 2024/25

by CEO Tab
May 16, 2025
0
FDI commitment declined 60% during five months

Nepal has received foreign direct investment (FDI) commitments totaling over Rs 57 billion in the first ten months of the current fiscal year 2024/25, according to data released...

Read more

Rampant Cross-Border Smuggling Drains Revenue Amid Collusion at Customs Points

by CEO Tab
May 16, 2025
0
Rampant Cross-Border Smuggling Drains Revenue Amid Collusion at Customs Points

Cross-border smuggling of goods has been intensifying in Nepal, largely due to collusion between customs officials and Nepal Police, leading to significant revenue leakage. A recent report by...

Read more

Nepal’s Capital Expenditure Remains Disappointingly Low with Just Two Months Left in Fiscal Year

by CEO Tab
May 16, 2025
0
mahalekha-auditor-genera

With only two months remaining in the current fiscal year, the government has managed to spend just 34.16 percent of its capital budget, highlighting persistent inefficiencies in development...

Read more

Government Arrears Climb to Rs 733.19 Billion Amid Rising Irregularities in FY 2023/24

by CEO Tab
May 16, 2025
0
Both cost and time of national pride projects increase

Government's arrears have reached Rs 733.19 billion, reflecting a significant increase of Rs 91.59 billion in the fiscal year 2023/24. According to the 62nd annual report of the...

Read more

Nepal’s Life Insurance Coverage Reaches Record High at 44.64%

by CEO Tab
May 14, 2025
0
NIA curbs on investment of reinsurance companies

Life insurance coverage in Nepal has reached a record high of 44.64 percent of the population, according to the Nepal Insurance Authority (NIA). As of mid-April 2025, this...

Read more
Next Post
144,000 workers join social security scheme

SSF collects over Rs 30 billion from around 400k employees

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.