Published on: Sep 13, 2024
As the world rallies behind the Paris Agreement, nations have once again vowed to keep global temperature rise within 1.5 degrees Celsius and gradually phase out fossil fuels to achieve net-zero emissions by 2050. This commitment was underscored by the first-ever Global Stocktaking of the Paris Agreement’s progress, marking a critical milestone in our fight against climate change.
By Madhu Kumar Marasini | Sep 01, 2024
With his third visit to the site in just two months, Kul Man Ghising, Managing Director of Nepal Electricity Authority (NEA), is able to bring the construction of the 220 kV Chilime-Trishuli transmission line to the final stage.
By A Correspondent | Sep 10, 2024
Amidst the economic downturn, rising unemployment, and the migration of youth to other countries, Nepal is in dire need of support and goodwill from India. Nevertheless, the coalition government under Prime Minister KP Sharma Oli is focusing on emotionally charged matters such as the issuance of new currency featuring a disputed map and the EPG report, both of which are contentious topics, as a supposed solution to the nation’s challenges. Nepal must engage in comprehensive negotiations to identify amicable resolutions for all unresolved matters. To achieve this, a conducive environment is essential. While Prime Minister Oli's recent actions may appear to be nationalist, they are likely to yield counterproductive outcomes by hindering negotiations with India.By
By Keshab Poudel | Sep 11, 2024
During the month of Shrawan (from July 16 to August 16), Nepal's electricity exports reached an impressive value of Rs. 4.19 billion, significantly contributing to the advancement of the country's hydropower resources.
By A Correspondent | Sep 13, 2024
The political landscape in Nepal is currently marked by intense rivalry, particularly between the CPN-UML leader KP Sharma Oli and Maoist Center leader Pushpa Kamal Dahal Prachanda, who was ousted from power in a sudden manner. Prachanda is now pursuing a strategy aimed at political retribution. In response, Prime Minister Oli and the CPN-UML have adopted a more aggressive stance, accusing Prachanda of engaging in corrupt practices. This visible conflict between the two dominant communist factions is likely to lead Nepal's political environment into a state of uncertainty. Prachanda has issued warnings regarding the potential for political unrest reminiscent of the turmoil seen in Bangladesh.
By Keshab Poudel | Sep 13, 2024
The 456 MW Upper Tamakoshi, the largest hydropower facility in Nepal, has significantly aided the nation in becoming a net exporter of electricity through its commercial power generation. For its stakeholders, including the Nepal Electricity Authority (NEA) and four other public sector financial institutions, Upper Tamakoshi is akin to a source of continuous wealth. However, the public shareholders and local residents, who invested in the hope of receiving financial returns, have yet to experience any benefits.
By A Correspondent | Sep 15, 2024