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MCA-Nepal triumphs in legal battle, clears path for power transmission project

KATHMANDU: In a landmark development, the Millennium Challenge Account Nepal (MCA-Nepal) has successfully overcome a significant hurdle in the implementation of the $500 million Millennium Challenge Corporation (MCC) project. The Supreme Court of Nepal issued a decisive verdict on January 28, dismissing a writ petition filed by Tata Projects,...

MCA-Nepal triumphs in legal battle, clears path for power transmission project
Arrests spark controversy: banking sector urges serious consideration by authorities

Arrests spark controversy: banking sector urges serious consideration by authorities

Government succumbs to pressure, amends regulations to extend project deadlines

Government succumbs to pressure, amends regulations to extend project deadlines

Nepal Electricity Authority considers tariff hike of 10-15% to address deficit

Nepal Electricity Authority considers tariff hike of 10-15% to address deficit

NEA’s strategic initiatives improve power supply and reduce leakages in distribution areas

NEA’s strategic initiatives improve power supply and reduce leakages in distribution areas

Civil Aviation Authority study deems Dharan airport construction not feasible

Civil Aviation Authority study deems Dharan airport construction not feasible

Former CEO and senior deputy CEO of Century Commercial Bank arrested on embezzlement charges

Former CEO and senior deputy CEO of Century Commercial Bank arrested on embezzlement charges

Prabhu Bank deputy CEO Manoj Neupane arrested for alleged loan misappropriation

Prabhu Bank deputy CEO Manoj Neupane arrested for alleged loan misappropriation

Nepal shifts budgetary priorities, allocates funds solely to well-prepared projects in strategic fiscal move

Nepal shifts budgetary priorities, allocates funds solely to well-prepared projects in strategic fiscal move

Provincial governments struggle with budget spending: concerns raised over fiscal inefficiency and operational competence

Provincial governments struggle with budget spending: concerns raised over fiscal inefficiency and operational competence

NEA proposes 16.136 km 132 kV transmission line to boost power connectivity

NEA proposes 16.136 km 132 kV transmission line to boost power connectivity

Department of Cooperatives initiates onsite inspection of major cooperatives to address financial concerns

Department of Cooperatives initiates onsite inspection of major cooperatives to address financial concerns

Tanahun Hydropower Project achieves over 50% physical progress in construction

Tanahun Hydropower Project achieves over 50% physical progress in construction

Nepal confronts trade imbalances: only 29 out of 156 trade partners yield surpluses

Nepal confronts trade imbalances: only 29 out of 156 trade partners yield surpluses

Nepal’s Civil Aviation Authority to implement electronic bird deterrent system at airports

Nepal’s Civil Aviation Authority to implement electronic bird deterrent system at airports

Narayanghat-Mugling road section reopens for uninterrupted traffic

Narayanghat-Mugling road section reopens for uninterrupted traffic

Positive talks on electricity sales with Bangladesh, deal expected soon

Positive talks on electricity sales with Bangladesh, deal expected soon

NRB implements changes to interest rate policy and regulatory retail portfolio

NRB implements changes to interest rate policy and regulatory retail portfolio

Nepal grapples with widening trade deficit of Rs 811 billion in the first seven months of current fiscal year

Nepal grapples with widening trade deficit of Rs 811 billion in the first seven months of current fiscal year

Nepal advances electricity export ambitions: finalizes deal with Bangladesh

Nepal advances electricity export ambitions: finalizes deal with Bangladesh

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