Nepal-India digital payment system launch delayed
Nepali officials attribute the delay to Indian banks, which have yet to update the mobile apps to incorporate Nepal’s payment features. busin
Nepali officials attribute the delay to Indian banks, which have yet to update the mobile apps to incorporate Nepal’s payment features. busin
Asia, home to half the world's population, accounts for three-fifths of global emissions from power generation, including from sectors exporting goods and services to the west.
Currently, over 60 per cent of the electricity used in-country comes from renewable energy sources such as solar, wind and water.
The Energy Regulatory Commission is expected to meet again in January to discuss the government’s decision., though it is unclear whether the commission will agree to suspend…
Installed capacity of China's renewable power reached a record high in October at 1.4 billion kilowatts, up nearly 21 percent year-on-year and constituting nearly half of the…
Insiders say that if the battery life of EVs goes well and adequate infrastructure is built, it may take up to five years to replace the light petrol-diesel vehicles in Nepal.
Under current conditions, coal-fired generation typically is far cheaper and is therefore the state-owned electricity company's preferred power source.
Nepal has been an energy surplus country in the wet season ever since the 456MW Upper Tamakoshi Hydropower Project came into full operation in August 2021.
If electricity is purchased at tariff rates, the government will have to pay around Tk 4,068 crore to the plant at a rate of Tk 21.105 a kilowatt hour for a period of 25 years.
According to a Bloomberg report, solar energy will become the cheapest option thanks to continued technology cost reductions by 2025.