Nepal has added a new, highly significant transmission project to its power sector with the formal inauguration of the 400 kV Inaruwa Substation, Nepal's second largest substation. Although the construction of the 400 kV line from Inaruwa to Hetauda has faced several obstacles and is not yet complete, the operation of this substation is important to maintain power supply in the eastern part of the region. Once the 400 kV, which has recently made progress in construction, is completed, this substation will be a game changer. As NEA Managing Director Kul Man Ghising has publicly stated that his second term will be to strengthen and expand transmission and distribution, the inauguration of the Inaruwa Substation by Prime Minister Pushpa Kamal Dahal Prachanda is of great significance.
By A Correspondent Jan 01, 2024
Despite leading a shaky coalition, Maoist Center leader and Prime Minister Pushpa Kamal Dahal Prachanda boasted of a successful year. He formed a short-lived coalition with the CPN-UML, the RPP, and the Swatantra Party before switching to the Nepali Congress. With Nepal's two largest political parties, Nepali Congress and CPN-UML, bitterly divided, Prachanda's future looks uncertain. How he will make strategic decisions in his second term remains to be seen.
By A Correspondent Dec 29, 2023
The Jajakot earthquake has served as a stark reminder of the potential for a major seismic event in Nepal and India. With a death toll surpassing 157 and over 197 injured, it is evident that the he seismologists' prediction of a large quake in the western Himalayan region is becoming more urgent. This earthquake measuring 6/4 Richter scale severely shook the Jajarkot and West Rukum districts of Nepal and also impacted large portions of northern India, including New Delhi. Indian Prime Minister Narendra Modi, being on the same continent and affected by the earthquake, was the first leader to express solidarity and offer support to Nepal.
By A Correspondent Nov 09, 2023
Foreign Minister Narendra Prasad Saud has concluded his highly significant visit to the United States, during which he engaged in discussions with US Secretary of State Blinken and other senior American officials to exchange views.
By A Correspondent Nov 09, 2023
The foundation laying of the 216 MW Upper Trishuli-1 (UT-1) Hydropower Project signals an acceleration in construction pace. Korean and Nepali investors have significantly invested in the project, which is set to generate power by December 2026. UT-1 is a distinct undertaking, receiving considerable contributions from multilateral agencies like IFC, ADB, AAIB, and Exim Bank of Korea, the IFC being a shareholder. Near the main power distribution hub of the Kathmandu Valley, UT-1 is positioned to fortify the electricity supply in Kathmandu. This project marks the biggest hydropower investment made by Korean companies, succeeding two prosperous hydropower endeavors of 30 MW and 12 MW in Gandaki province by the Korean government.
By A Correspondent Oct 01, 2023
Renowned for his expertise in representing corporate cases in both domestic and international courts, Senior Advocate Professor Dr. GANDHI PANDIT has firmly established himself as an esteemed legal practitioner in the country. After completing his legal education at Columbia University in the City of New York Professor Dr. Pandit presently serves as the head of Gandhi & Associates, a prestigious corporate law firm located in Nepal. He works closely with a proficient team of corporate and litigation lawyers, including his two accomplished sons Shikhar and Avash who are also law graduate from Cardiff University, UK. Pandit has notably achieved success in litigating on behalf of Nepalese parties in various countries, including Italy, China, and the United Kingdom. Furthermore, Senior Advocate Professor Dr. Gandhi actively engages himself in public interest debates beyond his courtroom advocacy. He played a pivotal role in a discussion that elucidated the essence and significance of the Millennium Challenge Corporation (MCC), contributing significantly to create the conducive environment that ultimately led to its ratification by the House of Representatives in 2021. As Nepal approaches its anticipated graduation from the Least Developed Country (LDC) status by 2026, Professor Dr. Gandhi spoke with NEW SPOTLIGHT about the crucial steps required to attract Foreign Direct Investment (FDI) to Nepal.
By A Correspondent Sep 30, 2023
The forthcoming attendance of Prime Minister Pushpa Kamal Dahal Prachanda at the United Nations General Assembly and the Sustainable Development Goals Summit, followed by his visit to China, carries immense diplomatic significance for Nepal
By A Correspondent Sep 07, 2023