AGP Executive Report
Last update: 4 hours agoHydropower & Grid Finance: NEA extended deadlines for 27 hydropower projects totaling 540 MW, using a new progress-based system to separate genuinely advancing projects from inactive ones. Electricity Payments: Energy Minister Biraj Bhakta Shrestha ordered NEA to systematize digital electricity bill payments, saying usage is still far below targets and people shouldn’t have to queue for hours. Construction Cost Relief: Nepal introduced a special price adjustment mechanism for public construction contracts, covering abnormal jumps in petroleum, bitumen, HDPE pipes, cement and steel due to supply-chain disruptions. Clean Energy Funding: Cabinet approved a ~Rs 100 million Norwegian grant for clean energy transformation in municipalities and also advanced Alternative Development Finance Mobilization rules. Business Environment Reforms: Industry Minister Dipak Sah pledged to remove legal and procedural barriers for industry, while industrialists urged reconsideration of holidays affecting productivity. Energy Demand Shift: Gas shortages are pushing Nepali households toward electric stoves, with imports of induction and infrared models rising sharply. Regional Trade & Logistics: Assam revived the Brahmaputra river freight route with a 540-tonne methanol shipment from Dibrugarh to Bangladesh, testing the corridor for regular cargo. Tourism Infrastructure: Resunga’s adventure tourism setup—568m zipline and 110m sky cycling—completed final testing and is set for regular operation soon.
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