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Petroleum exploration in Dailekh in final phase

Dailekh, Dec 26: The ongoing petroleum exploration in Dailekh has reached its final phase. According to the Department of Mines and Geology, drilling has been completed up to 3,930 meters depth, with only 70 meters remaining. Drilling work for petroleum and natural gas exploration began on May 10 in the

Karnali Development Bank in problem, NRB takes over

Nepal Rastra Bank (NRB), the central bank of Nepal, has declared Karnali Development Bank as a problematic financial institution.

Upper Tamakoshi
Power generation from Upper Tamakoshi restarts partially

The Upper Tamakoshi Hydropower Project which witnessed a halt in production following the damage caused by the rains-induced flood and

‘Honey Festival’ to take place in Chitwan from tomorrow

Chitwan, Dec 25: The Prime Minister Agriculture Modernization Project Implementation Unit is organizing a ‘honey festival’ here from Thursday for

Import of four-wheel motor vehicles down at Birgunj customs

The import of four-wheel drive vehicles through the Birgunj customs check point has decreased in the first five months of

Public debt reaches Rs 2,500 billion, interest payment exceeds development…

With the growing size of public debt each year, the expenditure for servicing its interest has also increased, now surpassing

Lawmakers sought private sector’s role in electricity sector

Lawmakers have called for encouraging the participation of private sector in development of electricity sector.

US Agency found AAR paid bribes to Nepali official on…

AAR’s participation in corrupt schemes to pay bribes to government officials in Nepal and South Africa.

Betel nut plant with fruit (file)
Lawmakers stress on promotion of betel nut production and export

Lawmakers have stressed the need to promote betel nuts farming and increasing its export.

52 MW of electricity produced at Rasuwagadhi

The Rasuwagadhi Hydropower project in Timure, northern Rasuwa, has successfully completed its test production.