'Variable tariff to increase electricity consumption'
Minister for Energy, Water Resources and Irrigation Pampha Bhusal has directed the Nepal Electricity Authority (NEA) to make a strategic plan to achieve the goal of fully electrifying the country as early as possible in the next two years.
KATHMANDU: As temperatures soar, Nepal is grappling with its highest electricity consumption yet. The Nepal Electricity Authority (NEA) reports a staggering 2,176 megawatts of electricity usage during Wednesday evening’s peak hour (June 12), marking a significant spike exacerbated by the scorching summer conditions. This June, the demand has surpassed last year’s levels, including during the […]
Being a developing nation struggling with slow GDP growth and limited industrialisation, the rapid increase in electricity consumption poses significant challenges.
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KATHMANDU: Finance Minister Janardan Sharma has said if the consumption of electricity is ensured, it would help boost economic development. Time has come to ensure increase in electricity consumption within the country, he said, arguing that it would contribute to reduce trade loss. It is time to reap benefit from the investment made in the […]
Suresh Bahadur Bhattarai, NEA spokesperson, predicted that the electricity consumption could have reached 1,750 megawatts on the day if there was a more effective distribution of electricity in place.