Nepal Electricity Authority (NEA) has the Kathmandu Metropolitan City (KMC) under a debt of 1.39 billion as payment for the street lights in the Capital.
NEA is also yet to collect Rs 3.61 billion from different municipalities as payment for the electricity in the street lights.
Also, small and cottage industries and private households collectively owe pay Rs 500 million.
Similarly, government offices are yet to pay Rs 309 million.
It has been years since KMC paid its due to NEA. In all these years, NEA has not installed any system to check the power consumption of street lights. NEA gives the street light consumption by subtracting the measured consumption from total consumption.
However, KMC says that NEA has not included any factors of power leakage. This means that KMC has to pay for all power leakages as well.
Concerning the bills of municipalities, the government has come to a decision that the municipalities cannot be expected to pay such huge amounts. And hence, the government is going to pay the dues for this time.
Also regarding small and cottage industries and private households, NEA does not believe they will pay the due bills.
-
Geely Has No Official Distributor in Nepal, Proton & Jagdamba Motors Issue StatementHIGHLIGHTS Proton and Jagadamba Motors have released a joint statement. According to the statement, Geely…
-
Hero XPulse 210 Unveiled in Nepal: Promising Big Upgrades, But No Launch Details YetHIGHLIGHTS Hero XPulse 210 is officially unveiled in Nepal at the NADA Auto Show 2025.…
-
Leapmotor B10 in Nepal: Fresh Design, Strong Value, or Missed Marks?HIGHLIGHTS Leapmotor B10 price in Nepal starts at Rs. 49.99 Lakhs and goes up to…