Six die in helicopter crash in Norway OSLO: All six people on board the civilian helicopter that crashed in northern Norway on Saturday afternoon have died, the police said on Sunday. There were five passengers from Norway, all in their early twenties, plus a Swedish pilot. One survivor... Women 01 Sep, 2019
EDITORIAL: Opaque deal There is no point in creating an institution like Investment Board Nepal and then trying to weaken it It defeats all rationale as to why the government would want to scale down the energy output of the Tamakoshi III hydropower project to less than a... 29 Jul, 2019
Govt secretly allows capacity reduction Initially, the government had signed a pact to develop 650 MW Kathmandu, July 27 The Ministry of Energy, Water Resources and Irrigation has secretly allowed the developer to sign an agreement to build the Tamakoshi III hydropower project with... Travel 28 Jul, 2019
Apex court rules in favour of TBI Holdings Kathmandu, December 26 Amidst the dispute between Investment Board Nepal (IBN) and the Ministry of Energy (MoE) on who has the jurisdiction to deal with hydropower projects of above 500 megawatts, the Supreme Court has issued a verdict in favour of... 27 Dec, 2017
PAC instructs Finance Minister to immediately collect CGT from Ncell KATHMANDU: The Public Account Committee under the Legislature Parliament has directed the Finance Ministry to obtain capital gains tax from Ncell, a privately owned mobile network operator in Nepal, at the earliest. Today's PAC meeting took a... Horoscopes 13 Jul, 2017
Dubai firm dreams of harvesting icebergs for water DUBAI: A Dubai firm's dream of towing icebergs from the Antarctic to the Arabian Peninsula could face some titanic obstacles. Where many see the crumbling polar ice caps as a distressing sign of global warming, the National Advisor Bureau... Art & Culture 17 May, 2017
First wave-produced electricity in US goes online in Hawaii KANEOHE BAY: In the waters off the coast of Hawaii, a tall buoy bobs and sways in the water, using the rise and fall of the waves to generate electricity. The current travels through an undersea cable for a mile to a military base, where it is... Mobile & Apps 19 Sep, 2016
CMEC keen to invest in two hydropower projects Kathmandu, August 25 The China Machinery Engineering Corporation (CMEC), a government-owned company of China, has expressed interest in making investment in two important hydropower projects of Nepal. The company has proposed to the Nepal... 26 Aug, 2016
Opera welcomes bid OSLO: The Norwegian company owning the popular Opera web browser said on Wednesday that a Chinese consortium led by the Golden Brick Silk Road investment fund had offered 10.5 billion kroner ($1.2 billion) to take it over. The Opera Software board... 11 Feb, 2016
Energy-starved Nepal loses Norwegian power plant project KATHMANDU: A Norwegian company said it has canceled plans to build a $1.5 billion hydropower plant in Nepal to generate electricity in an energy-starved country where people get only a few hours of power every day. The company, Statkraft, said in a... Travel 13 Jan, 2016
�It�s time to show the world we can deliver on our promises� Since its establishment in 2011, Investment Board Nepal — a government body which oversees implementation of hydro projects of 500 megawatts or more and other projects with investment of Rs 10 billion or more — has signed agreements on... 11 Jan, 2016
China fines seven global shippers on price-fixing charges Beijing, December 28 China fined seven foreign shipping companies that carry vehicles for automakers a total of $65 million on price-fixing charges today in its latest effort to end anti-competitive behaviour in the auto industry. Investigators... 29 Dec, 2015
