Nepal Rastra Bank Governor Deependra Bahadur Kshetry has said that private sector banks in Nepal are not equipped with adequate capital to fund big hydropower projects.
The second largest hydro-power project of the country, 70 MW Mid-Marshyangdi has started production in its full capacity during peak hours since last week.
The hydel project is producing 70 to 75 MW electricity for about two to three hours each in mornings and evenings daily by operating both its turbines, reports say.
A three day long workshop on efficient energy management and renewable energy begins today at the Dhaka Sheraton Hotel.
The USAID and UNDP jointly organised the workshop.
Special Assistant to the chief adviser Dr M Tamim will attend the inaugural function as chief guest while secretary of Power Division Dr M Fouzul Kabir Khan as special guest.
Nepal Oil Corporation (NOC) today said that it would be working jointly with its supplier Indian Oil Corporation (IOC) in a project to produce an ethanol-petrol mix.
Kathmandu Valley Drinking Water Limited has officially taken over the responsibility of carrying out water supply works in Kathmandu Valley from Sunday. The responsibility to manage valley's water supply was given to the firm established as per the public-private partnership concept following pressures from the Asian Development Bank and other donors to the government to handover the water distribution responsibility in Kathmandu valley to an autonomous body. This was also the main precondition of the Melamchi Drinking Water Project.
