Economy
IFC AND GLOBAL IME BANK: Partnership For Cause
Under the leadership of Chandra Prasad Dhakal, President of Federation of Nepalese Chamber of Commerce and Industry (FNCCI), Global IME Bank is the first private sector bank in Nepal to be selected by the International Finance Corporation (IFC), a member of the World Bank Group. With the largest network in all of Nepal, IFC's $56 million investment in Global IME Bank to strengthen gender and climate finance in Nepal is likely to bring a drastic change.
By A Correspondent Feb 12, 2024
220 kV Barabishe Substation Is In Final Stage
The managing director, Kulman Ghising, has been regularly making field visits and monitoring progress on other important projects, such as the 220 kV Bardaghat-New Butwal Transmission Line project, which is now in its final stage.
By NEW SPOTLIGHT ONLINE Feb 05, 2024
InElam: Surkhet’s Farmers Reap Windfall From Dragon Fruit
The Helmets-Nepal’s InElam Project's introduction of dragon fruit as a cash crop is helping farmers in Surkhet. For impoverished and marginalized farmers in the rural Surkhet District of the Karnali Province, this has meant lucrative employment opportunities.
By NEW SPOTLIGHT ONLINE Feb 04, 2024
TANAHU HYDROPOWER Following Right Track
In order to reach its goal of having no emissions by 2045, Nepal is working toward energy self-sufficiency. It is noteworthy that the Asian Development Bank is supporting the 144 MW Tanahu Hydropower project, which is the second storage-type project after Kulekhani. Despite being nearly two years behind schedule due to setbacks including contractor termination, COVID-19, and new contractor selection, the Tanahu Hydropower Project (THP) is moving forward. The project is expected to start generating by 2027 at the present rate of progress; the river was redirected in September 2023. The project will guarantee a consistent supply of electricity and is located near to the load center. A one-year extension has been requested by the civil work contractor.
By Keshab Poudel Jan 29, 2024
Latest Updates
- Nepal’s Snow Leopard Population Reached 397
- 14 hours, 54 minutes ago
- Education Minister Bhattarai resigns from post
- 15 hours, 9 minutes ago
- Four people died in Taplejung after their vehicle caught fire after getting entangled in a live wire
- 1 day, 14 hours ago
- RPP General Secretary Rana released on bail
- 1 day, 14 hours ago
- Nepal requires Rs 21.165 trillion to implement SDGs goals
- 1 day, 14 hours ago
- RPP Leaders Demonstrated Inside Singhadurbar , Linden Arrested
- 2 days, 8 hours ago
- Foreign Minister Dr. Deuba to head to Bangkok to chair UN Meeting
- 2 days, 13 hours ago
- We Do, What We Say, The Government Will Not Be Afraid: RPP Leader Lingden
- 2 days, 14 hours ago
- Home Ministry warns RPP: Action will be taken if it violates prohibited Areas
- 2 days, 14 hours ago
- Minister Dahal Directed To Complete The Dannune Portion Of Road Before Monsoon
- 4 days, 13 hours ago
