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

Private sector umbrella bodies lambaste at NEA

CEO TAB by CEO TAB
May 8, 2019
in Prime News
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Kathmandu, May 8 : The country’s three  private sector umbrella organisations — Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Confederation of Nepalese Industries (CNI) and Nepal Chamber of Commerce — have launched a tirade against the Nepal Electricity Authority (NEA) by claiming that it billed industries for electricity they did not consume.

You might also like

Construction Firms Blacklisted for Failing to Complete Projects on Time

Udayapur Cement Resumes ‘Gainda Chhap’ Sales After Three-Month Halt

Prize Portal Sees Sharp Rise in Consumer Participation

The private sector umbrella organisations came up with such remarks by jointly organizing a press conference on Tuesday (May 7) in the capital.  According to them, they had been separately requesting the NEA not to charge the industrial consumers the cost of energy supplied through dedicated and trunk lines.

The power utility has decided to charge an extra 65 per cent fee for the electricity it supplies to industries through the lines. It also issued accumulated bills of the past three years to some 250 companies and enterprises for clearing such fee.

Bhawani Rana, president of FNCCI, said that the NEA’s decision is against the law and could force the industries to shut down their shutters.

Similarly,  Satish Kumar More, president of CNI, said the move made by NEA to seek extra fee could be an obstacle to attract both domestic and foreign investors. Nevertheless, the NEA says that it has lawfully issued bills to enterprises for energy consumed through dedicated lines during load-shedding. Its official opined that those industries failing to clear their dues might face legal actions.

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

Construction Firms Blacklisted for Failing to Complete Projects on Time

by CEO Tab
August 18, 2026
0
Construction Firms Blacklisted for Failing to Complete Projects on Time

The Public Procurement Monitoring Office under the Office of the Prime Minister and Council of Ministers has blacklisted several construction companies for failing to complete contracted projects within...

Read more

Udayapur Cement Resumes ‘Gainda Chhap’ Sales After Three-Month Halt

by CEO Tab
August 18, 2026
0
Udayapur Cement Resumes ‘Gainda Chhap’ Sales After Three-Month Halt

Udayapur Cement Industry Limited has resumed sales of its “Gainda Chhap” cement after a halt of more than three months caused by a shortage of packaging bags. The...

Read more

Prize Portal Sees Sharp Rise in Consumer Participation

by CEO Tab
August 18, 2026
0
Prize Portal Sees Sharp Rise in Consumer Participation

The government’s taxpayer incentive scheme has witnessed a dramatic increase in public participation, with 357,149 transaction bills submitted through the prize portal in its second bimonthly round. According...

Read more

Nepal Manpower Agencies Call Off Protest After Government Pledges to Address Demands

by CEO Tab
August 18, 2026
0
Nepal Manpower Agencies Call Off Protest After Government Pledges to Address Demands

Nepal’s manpower agencies have called off their planned protest after the government assured them that their major concerns would be addressed within 45 days. The decision followed an...

Read more

LPG Shortage Deepens Despite Government’s Direct Sales

by CEO Tab
August 17, 2026
0
LPG Shortage Deepens Despite Government’s Direct Sales

Nepal’s cooking gas shortage has worsened despite the government’s decision to sell LPG cylinders directly to consumers, with long queues and supply disruptions continuing across the Kathmandu Valley....

Read more
Next Post
welcome ad football players

Welcome, Janata to compete in Round of 16

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.