header banner
ECONOMY

Finance ministry directs NEA to seek clearance of electricity dues from local govts

KATHMANDU, Dec 3: The Ministry of Finance has directed Nepal Electricity Authority (NEA) to proceed ahead with the clearance of dues related to electricity tariffs for street lamps from the respective local governments.
By Republica

KATHMANDU, Dec 3: The Ministry of Finance has directed Nepal Electricity Authority (NEA) to proceed ahead with the clearance of dues related to electricity tariffs for street lamps from the respective local governments. 


This directive aligns with the Ministry's decision on November 8. It wants the NEA to settle the electricity dues from the respective offices and the highest dues are towards streetlamps. 


Related story

Finance ministry directs govt offices to auction unused vehicle...


The dues of 331 local governments for lighting street lamps till mid-July amounted to Rs 6.08 billion and a significant portion of these dues has been accrued after the fiscal year 2074 BS.


Previously, the NEA had, through its third financial restructuring plan, proposed to reconcile the unpaid tariff with the government's account. However, the Finance Ministry declined to entertain the proposal and instead instructed NEA to pursue the collection of payments directly from the respective local offices. "We have proceeded with the clearance of dues accordingly," said NEA managing director Kulman Ghising.


The NEA on October 8 issued a public notice seeking the payment of dues for streetlamps within the next 45 days and on November 22 called on local governments for the payment through a public notice.


 

See more on: electricity_dues
Related Stories
SOCIETY

NEA introduces installment payment option for stre...

SOCIETY

Mayors' Forum urges Finance Minister Pun to settle...

ECONOMY

NEA to start collecting Rs 6 billion arrears from...

ECONOMY

NEA mounts pressure on local govts to clear tariff...

ECONOMY

Ministry of Finance halts financial grants to loca...

Trending

Top Videos

Bold Preety willing to fight for her musical career

Awareness among people on heart diseases has improved in Nepal’

Print still remains the numbers of one platform

Bringing home a gold medal is on my bucket

What is Nepal's roadmap to sage child rights