Posts

“लगानी बोर्ड रणनीतिक योजना बनाउन केन्द्रित छ”

नेपाल सरकारले राष्ट्रिय योजना आयोगको सदस्यका रूपमा कार्यरत सुशील भट्टलाई लगानी बोर्डको प्रमुख कार्यकारी अधिकृतमा हालै नियुक्त गरेको छ । आयोगमा पूर्वाधार क्षेत्र हेर्ने सदस्यका रूपमा रहँदा उहाँले पन्ध्रौँ योजना तर्जुमामा यातायात पूर्वाधार तथा व्यवस्थापन सहरी विकास, राष्ट्रिय आयोजना बैङ्क र सार्वजनिक निजी साझेदारीको क्षेत्रमा विषयगत टोलीको नेतृत्व गर्नुभएको थियो । प्रस्तुत छ : मुलुकमा लगानी प्रवद्र्धन गर्ने उच्च निकाय लगानी बोर्डले कोभिड–१९ का कारण सिर्जना भएको प्रतिकूल परिस्थितिसँगै आएका चुनौतीबीच लगानी आकर्षित गर्ने विषयमा गोरखापत्रका पत्रकार गोपालचन्द्र सुवेदीले भट्टसँग गरेको कुराकानी सम्पादित अन्तर्वार्ता : लगानी बोर्डको प्रमुख कार्यकारी अधिकृतका रूपमा…

Read More

MSMEs’s Role Highlighted

Webinar on “Enhancing Cooperation for MSMEs in Nepal” KATHMANDU: Experts have highlighted the significance of Micro, Small and Medium Enterprises (MSMEs) to minimize the impact of Covid-19. Speaking at a webinar entitled ‘Enhancing Cooperation for MSMEs in Nepal’ on 31 August, they said economic cooperation between Nepal and India is important to boost the MSMEs and improve economy in both the neighbors. The one-day webinar was organized by India-Nepal Centre of the PHD Chamber of Commerce and Industry (PHDCCI) in association with Confederation of Nepalese Industries (CNI) and Nepal SBI…

Read More

IFC study assesses human and environmental impact of Nepal hydropower project

The World Bank’s International Finance Corporation (IFC) has released recommendations of its Cumulative Impact Assessment (CIA) of the Trishuli River Basin (TRB). The study was an integral part of the World Bank Group Board of Directors’ approval of the $650 million 216MW Upper Trishuli-1 Hydropower Project (UT-1), located in the upstream of the Trishuli Basin. IFC is calling for developers of the Trishuli hydropower project to set up the Trishuli Hydropower Developers’ Forum (THDF) to minimise adverse impacts of hydropower development on TRB’s ecosystem and its people. The THDF will need to…

Read More

PHDCCI’s Centre deliberated for cooperation in Hydroelectricity Sector between India/Nepal

PHDCCI’s India-Nepal Centre deliberated for cooperation in Hydroelectricity Sector between India and Nepal Under aegis of its India-Nepal Centre/SDC and in association with the Confederation of Nepalese Industries (CNI), Nepal SBI Bank Ltd (NSBL) and NHPC Ltd, PHD Chamber of Commerce and Industry (PHDCCI) has hosted a webinar on “Exploring Hydroelectricity Potential in Nepal”. Considering the recent political developments between two countries, the initiative was seen an important one by the key observers of India-Nepal bilateral relations. Sushil Bhatta, Member, National Planning Commission (NPC), Nepal as “Chief Guest” dwelt on…

Read More

Land acquisition process moves smoothly for Arun-3 TL

KATHMANDU: Amid Covid-19 crisis, the process of acquisition of land moved forward smoothly in all seven concerned districts covered by Transmission Line (TL) of Arun-3 Hydropower Project. Chief District Officers (CDOs) who heads the Compensation Determination Committees (CDCs) in their respective seven districts accelerated the process of determining the compensation of lost land and non-land assets of the affected households. The CDC of Dhanusha district, the most affected district where sub-station is also located, has finalized the compensation for the land to be acquired for a proposed substation in Dhalkebar.…

Read More

OIBN intensifies handover farm projects to provinces

KATHMANDU: Office of the Investment Board Nepal (OIBN) has started consultations with concerned provincial officials and developers to handover the Integrated Agriculture Projects to respective provinces. OIBN organized meetings with high-ranking officials of Province 1 and Province 5 on 19th July and 22nd July respectively, to discuss on the ways to move forward the handover process. At a virtual meeting, OIBN interacted with Province 1 officials led by its Honorable Chief Minister Mr. Sher Dhan Rai on handing over the project which is going to be implemented in Urlabari, Morang.…

Read More

Covid-19 makes cash management a challenge in firms: Dr. Biswo Poudel, Economist

Dr. Biswo Poudel is an economist. He has long experience working with development partners and was also involved in providing policy recommendations on different occasions for the Government of Nepal. He has been closely watching the macro-economic performance of Nepal. Dr. Poudel talked with IBN Dispatch about the impact of Covid-19 and ways to cope with this crisis in Nepal. How are you assessing the impact of Covid-19 in Nepal? This Covid-19 is affecting the whole world and Nepali is not insulated. We have suffered economically, and its impact has…

Read More

Huaxin reports 90 percent progress on civil construction

KATHMANDU: Construction work at Huaxin Cement Narayani project has continued during the lockdown with significant progress being made in the building of key civil structures. Recently, OIBN organized a virtual conference meeting with Huaxin Cement Narayani officials to discuss the impact of the lockdown on the projects. The project reported that it has achieved 90 percent progress in civil construction work, 70 percent in steel structures (plant) and long standard equipment, and 30 percent in installation of equipment. The 83 meters tall pre-heat structure, a key part of any cement…

Read More

Arun-3 project achieves financial closure

KATHMANDU: The SJVN-Arun-3 Power Development Company (SAPDC) signed a financial closure (FC) agreement with leading banks of India and Nepal on February 6, 2020. The signing of the FC deal has assured financing of the 900 MW Arun-3 Hydropower Project from the lending banks. Investment Board Nepal (IBN) has been facilitating the implementation of the Arun-3 Project. Five Indian banks – State Bank of India (SBI), Export-Import Bank of India (EXIM), Punjab National Bank (PNB), Canara Bank, and Union Bank of Indi – and two Nepali banks – Everest Bank…

Read More

Financial awareness to compensation recipients of Damak industrial park project

KATHMANDU: The Office of the Investment Board Nepal (OIBN) and Industrial District Management Ltd. (IDML) jointly organized a financial awareness program for recipients of compensation from the China-Nepal Friendship Industrial Park Project in Damak, Jhapa. The awareness programs was held in an effort to sensitize recipients on ways to properly utilize the compensation and the economic opportunities for investment and employment that will be available at the local level with the implementation of the project. Honorable Vice-Chair of the National Planning Commission (NPC) Mr. Pushpa Raj Kandel inaugurated the three-day…

Read More