Economy
NEPAL-BANGLADESH POWER TRADE : A Significant Achievement
After many years of endeavor, Nepal has commenced the export of 40 MW of electricity to Bangladesh via the transmission line from India. This development follows a tripartite agreement involving Nepal, Bangladesh, and India. Although the electricity export lasted for only one day, it marks a significant historical achievement for Nepal. Under the leadership of Kulman Ghising, who has served as the Managing Director of the Nepal Electricity Authority (NEA) for just over seven years, this export to Bangladesh represents yet another notable milestone.
By Keshab Poudel Nov 21, 2024
NEA: Kul Man Ghising, A Cool Man
For seven years, Kul Man Ghising has served as the Managing Director of the Nepal Electricity Authority (NEA), during which he has significantly revitalized Nepal's electricity sector, ensuring that electricity is both affordable and reliable. Under his leadership, the NEA has successfully eliminated long-standing load shedding issues and has made substantial advancements in the generation, transmission, and distribution of electricity across the nation over the past eight years. One of his most notable accomplishments is transforming Nepal from a net importer of electricity to a net exporter, achieving an annual profit of Rs. 12 billion. Despite facing provocations, character attacks, and pressures from both known and unknown adversaries, MD Ghising has consistently demonstrated composure and professionalism. In a recent press conference attended by 300 journalists and broadcast live with over 200 cameras, he exemplified humility and respect, expressing gratitude to Prime Ministers, Ministers, senior officials, and his entire NEA team for their collective achievements. As the NEA commemorates its 39th anniversary on August 17, MD Ghising, who has turned a loss of Rs. 34.61 billion into a cumulative profit of Rs. 47.41 billion last year, continues to embody the qualities of a distinguished leader in a challenging environment
By A Correspondent Oct 28, 2024
Latest Updates
- Foreign Minister Dr. Deuba to head to Bangkok to chair UN Meeting
- 17 minutes ago
- We Do, What We Say, The Government Will Not Be Afraid: RPP Leader Lingden
- 29 minutes ago
- Home Ministry warns RPP: Action will be taken if it violates prohibited Areas
- 51 minutes ago
- Minister Dahal Directed To Complete The Dannune Portion Of Road Before Monsoon
- 2 days ago
- RPP To Hold Protest In Restricted Areas Of Kathmandu On April 20
- 2 days, 1 hour ago
- Earthquake Rocks Kathmandu Valley
- 4 days, 1 hour ago
- Prof Dr Khadga KC assigned responsibility of TU Vice Chancellor
- 4 days, 1 hour ago
- It Is Time For The Congress To Take A Wise Decision: Dr. Koirala
- 6 days ago
- Dozens Police Personal Injured In Violent Clashes In Birgunj
- 1 week ago
- If there is a delay in reviewing the constitution, the streets will become even more angry: Shekhar Koirala
- 1 week ago
