Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: The Federation of Nepalese Chamber of Commerce and Industry (FNCCI) has proposed the establishment of a high-level empowered commission to address the ongoing dispute related to the payment of dedicated and trunk lines. FNCCI emphasizes that both the government and the private sector are well-aware of the issue and express their willingness to collaboratively find a solution.
In a statement released on Monday, FNCCI emphasized that industries should adhere to the law and pay their dues if required. Conversely, if an industry is found exempt from such payments, the federation insists that they should not be compelled to pay. The proposed commission, inclusive of private sector representatives, will conduct a comprehensive analysis of past studies, current conditions, TOD meters, etc., providing an impartial opinion on the matter.
The federation recalled a meeting with Prime Minister Pushpa Kamal Dahal on September 11, during which the Prime Minister instructed against power line disconnections. Despite the reassurance, power lines have continued to be disconnected, leading to growing concerns among entrepreneurs.
A significant disagreement persists between entrepreneurs and the Nepal Electricity Authority regarding whether electricity is provided through different processes at various times and whether it is genuinely consumed. This prolonged issue has resulted in a complex situation.
According to industrialists, during the dispute period, they consistently paid electricity tariffs, and bills were issued after three years. Entrepreneurs express their willingness to settle the amount due based on TOD meters and in accordance with the consumption rules of dedicated and trunk lines.
FNCCI urges the Electricity Authority and other relevant bodies to reconnect power lines that have been disconnected and refrain from cutting lines for other industries until a final decision is reached. The federation highlights that the immediate resolution of this matter is crucial to prevent the closure of many industries, safeguard employment, and preserve revenue streams.
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