Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Deputy Prime Minister and Home Minister Narayan Kaji Shrestha has said that the government will guarantee the security of big investments in the energy sector.
The government would provide the security of Rs 1300 billion in the energy sector, he said in a meeting with the office-bearers of the Independent Power Producers’ Association-Nepal (IPPAN) here in the Ministry of Home Affairs in Singha Durbar.
Now, the government’s focus is on ensuring good governance and guaranteeing security of citizens of all levels, said the minister while thanking the IPPAN for launching a campaign of good governance.
On the occasion, stating that the construction of hydropower projects has been affected by protests by the local people, IPPAN President Ganesh Karki urged the minister to manage the setting up of security posts at the project sites. He also urged the ministry to facilitate the transport of explosives for the construction work.
Meanwhile, a meeting has been held between the office-bearers of the IPPAN and the Nepal Insurance Authority (NIA). On the occasion, the NIA Chairperson Surya Prasad Silwal said suggestions from the IPPAN would be considered in issuing the new insurance policies, rules and directives.
(RSS)
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