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
Call to adopt �Nordic Model� to address labour issues Kathmandu, December 13 Norwegian Ambassador to Nepal Kjell Tormod Pettersen has urged Nepali businesses to adopt Nordic model of business management to address key labour issues. Speaking at a discussion programme organised by the Embassy of... 14 Dec, 2016
'Managing climate and social risks key to hydro sector development' Kathmandu, September 2 A new study says the societal risks of alienating local people in areas where hydropower projects are constructed are nearly as important to consider as climate risk. The findings were based on the study of glaciers across the... 03 Sep, 2016
EDITORIAL: Clear the hurdles The government has to compensate for the land to be acquired at the existing market price, if it really wants to create an investment-friendly environment The government seems to be serious about expediting major development projects without any... 27 Jan, 2016
IBN likely to oversee implementation of monorail project Kathmandu, January 25 If things go according to plan, the Investment Board Nepal (IBN) will soon be authorised to oversee implementation of monorail project in Kathmandu Valley. This issued was discussed during yesterday’s board meeting of the... 26 Jan, 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
Statkraft pulling out of 650MW Tamakoshi-3 Kathmandu, January 12 Statkraft, Europe’s largest generator of renewable energy, has formally announced its decision to pull out of the 650-megawatt Tamakoshi-3 Hydroelectric Project, identifying the lack of viable power purchase option, lower... 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
Permission sought to conduct impact study Kathmandu, July 20 Statkraft International, the developer of 650-megawatt Tamakoshi 3 hydroelectric project, has sought government’s permission to conduct a study on impact of earthquakes on the project site. The devastating quakes of April and... 21 Jul, 2015
New GM at HPL KATHMANDU: The Board of Himal Power Ltd has announced that Sandip Shah, Statkraft Nepal country director has taken over the additional role of general manager at Himal Power Ltd (HPL) with effect from July 17. Shah has been with SN Power/Statkraft,... 20 Jul, 2015
