Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: Industries have received Rs 2.25 billion rebate on electricity demand charge during the lockdown period.
Earlier, the government had decided to exempt 58 types of manufacturing industries from electricity demand charges for the lockdown period.
The government had decided in the current fiscal year’s budget to give exemption in electricity demand fee to manufacturing industries affected by coronavirus and lockdown. Accordingly, the government has to pay the amount equal to the exemption to the NEA.
The list of 58 types of manufacturing industries includes cement, plastic goods, non-organic fertilizers, sugar, lubricants, sugarcane, rice mills, oil mills, pulses mills, juice mills, grain producers, and liquor, ayurvedic medicine, spirits, cigarettes, candles, and incense sticks, foam, leather, printing presses, water processing and bitumen, and plywood industries.
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