NEA's managing director Kulman Ghising says the rise in profit is due to a rise of 27 per cent in consumption.
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Nepal Electricity Authority (NEA) recorded a profit of Rs 12.33 billion in fiscal year 2022/23.
The post NEA records profit of Rs 12.33 billion, plans in place to issue shares to public appeared first on OnlineKhabar English News.
The profit of Nepal Electricity Authority increased by about 164 per cent in the last fiscal year 2021/22. As per the preliminary financial report of the NEA, the utility earned a profit of Rs. 16.09 billion in the last fiscal year 2021/22, said the NEA. The profit of the NEA was limited at Rs. 6.10 billion in the previous fiscal year 2020/21.
