NAC pays back Rs 6.32 billion loan The Nepal Airlines Corporation (NAC) has so far paid back Rs 6 billion 328 million 597 thousand of the loan it had taken for purchasing aircraft for international flights. Nepal 17 Oct, 2024
Govt approves $115 million soft loan from ADB A decision was made to form a negotiation team, led by the Joint Secretary of the Ministry of Finance, to represent the government in discussions regarding the loan. Nepal 06 Sep, 2024
UTHCL sells 78 per cent of 1:1 right shares ​​​​​​​Upper Tamakoshi Hydropower Co Ltd (UTHCL) has successfully sold 78 per cent of the 1:1 right shares floated to its shareholders. Business 06 Oct, 2023
NAC pays Rs 830.95 million to EPF, CIT The national flag carrier, Nepal Airlines Corporation, has paid back Rs 830.95 million to the Employees Provident Fund and Citizen Investment Trust. Business 17 Jul, 2023
EDITORIAL:Budhigandaki HEP The government has shown keen interest in expediting the much-talked about 1,200 MW reservoir-based Budhigandaki Hydel Project under the company model by utilising domestic resources after 11 years of dilly-dallying. Opinion 11 Jul, 2023
EPF injects Rs 13.74 billion loan for Tamakoshi-V Hydropower Project The funding for the highly anticipated Tamakoshi-V Hydropower Project, a renewable energy initiative poised to significantly augment Nepal’s power generation capacity, has been successfully secured. Business 23 May, 2023
Market for power export getting assured: NEA managing director Ghishing Nepal Electricity Authority (NEA) managing director Kulman Ghising has said market for power export is getting assured. Nepal 22 May, 2023
NAC pays Rs 2.94bn loan instalment in a year Nepal Airlines Corporation (NAC) — the national flag carrier — has been able to pay the instalment of Rs 2.94 billion of the loan taken for the purchase of international aircraft, including two widebody and narrow-body aircraft, within a year. Business 21 Apr, 2023
Mid-Bhotekoshi Hydropower Project to be completed within four months Chilime Jal Vidhyut, a subsidiary of Nepal Electricity Authority, has reported that the construction progress of the 102 MW Mid-Bhotekoshi Hydropower Project, being constructed in Sindhupalchowk has reached 95 per cent. Nepal 11 Mar, 2023
NRB to invest Rs 240m in FDs The Nepal Rastra Bank (NRB) has announced plans to invest Rs 240 million from its employees provident fund with a maturity period of 366 days from February 16, 2023 in fixed deposits of banks and financial institutions (BFI). Business 08 Feb, 2023
NAC pays Rs 1.35bn instalment after three years to EPF, CIT ​​​​​​​Nepal Airlines Corporation (NAC), which had been unable to pay its instalment for the last three years, finally paid Rs 1.35 in instalment to Citizen Investment Trust (CIT) and Employees Provident Fund (EPF) last Thursday. Business 22 Jul, 2022
Nepal Airlines Corporation repays long pending dues to EPF, CIT Spokesperson of NAC Archana Khadka shared that the EPF was repaid Rs 900 million, which was taken for the purchase of narrow body and wide body aircrafts. Business 21 Jul, 2022
