Economy
NEPAL - INDIA ENERGY TRADE: A Significant Achievement
Faced with the challenge of managing approximately 1100 MW of surplus electricity and mitigating potential losses during a five-month interim period, Kul Man Ghising, Managing Director of Nepal Electricity Authority (NEA), expressed relief following India's approval to import electricity from Nepal at a rate of Rs 8.72 per unit. Indian Foreign Secretary Dr. S. Jaishankar described the agreement to export 1000 MW of electricity to India as a significant achievement.
By Keshab Poudel Aug 27, 2024
NEPAL MONETARY POLICY 2024: Bullish In The Stock Market
At a time when Nepal was facing an economic recession and there were expectations that the monetary policy would come with new measures. However, the recently announced Monetary Policy 2024 only boosted the stock market with record transactions and share price.
By A Correspondent Aug 14, 2024
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