$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '15049',
'article_category_id' => '224',
'title' => 'Government Refuses Issuing License to Private Sector for Electricity Trade',
'sub_title' => '',
'summary' => 'April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Therefore, if we bring an ordinance, we will give the license,” she assured. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.</span></span></span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2022-04-05',
'modified' => '2022-04-06',
'keywords' => '',
'description' => '',
'sortorder' => '14791',
'image' => '20220405030752_1649136566.1627125046.upper_tamakoshi.jpg',
'article_date' => '2022-04-05 15:06:53',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '224',
'name' => 'Hydro',
'parentOf' => '26',
'published' => true,
'registered' => '2018-11-22 00:00:00',
'sortorder' => '97',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-16 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '15049',
'article_category_id' => '224',
'title' => 'Government Refuses Issuing License to Private Sector for Electricity Trade',
'sub_title' => '',
'summary' => 'April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Therefore, if we bring an ordinance, we will give the license,” she assured. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.</span></span></span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2022-04-05',
'modified' => '2022-04-06',
'keywords' => '',
'description' => '',
'sortorder' => '14791',
'image' => '20220405030752_1649136566.1627125046.upper_tamakoshi.jpg',
'article_date' => '2022-04-05 15:06:53',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '224',
'name' => 'Hydro',
'parentOf' => '26',
'published' => true,
'registered' => '2018-11-22 00:00:00',
'sortorder' => '97',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-16 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '15049',
'hit' => '1109'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20220405030752_1649136566.1627125046.upper_tamakoshi.jpg'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '15049',
'article_category_id' => '224',
'title' => 'Government Refuses Issuing License to Private Sector for Electricity Trade',
'sub_title' => '',
'summary' => 'April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Therefore, if we bring an ordinance, we will give the license,” she assured. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.</span></span></span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2022-04-05',
'modified' => '2022-04-06',
'keywords' => '',
'description' => '',
'sortorder' => '14791',
'image' => '20220405030752_1649136566.1627125046.upper_tamakoshi.jpg',
'article_date' => '2022-04-05 15:06:53',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '224',
'name' => 'Hydro',
'parentOf' => '26',
'published' => true,
'registered' => '2018-11-22 00:00:00',
'sortorder' => '97',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-16 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '15049',
'article_category_id' => '224',
'title' => 'Government Refuses Issuing License to Private Sector for Electricity Trade',
'sub_title' => '',
'summary' => 'April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Therefore, if we bring an ordinance, we will give the license,” she assured. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.</span></span></span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2022-04-05',
'modified' => '2022-04-06',
'keywords' => '',
'description' => '',
'sortorder' => '14791',
'image' => '20220405030752_1649136566.1627125046.upper_tamakoshi.jpg',
'article_date' => '2022-04-05 15:06:53',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '224',
'name' => 'Hydro',
'parentOf' => '26',
'published' => true,
'registered' => '2018-11-22 00:00:00',
'sortorder' => '97',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-16 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '15049',
'hit' => '1109'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20220405030752_1649136566.1627125046.upper_tamakoshi.jpg'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '15049',
'article_category_id' => '224',
'title' => 'Government Refuses Issuing License to Private Sector for Electricity Trade',
'sub_title' => '',
'summary' => 'April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Therefore, if we bring an ordinance, we will give the license,” she assured. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.</span></span></span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2022-04-05',
'modified' => '2022-04-06',
'keywords' => '',
'description' => '',
'sortorder' => '14791',
'image' => '20220405030752_1649136566.1627125046.upper_tamakoshi.jpg',
'article_date' => '2022-04-05 15:06:53',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '224',
'name' => 'Hydro',
'parentOf' => '26',
'published' => true,
'registered' => '2018-11-22 00:00:00',
'sortorder' => '97',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-16 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '15049',
'article_category_id' => '224',
'title' => 'Government Refuses Issuing License to Private Sector for Electricity Trade',
'sub_title' => '',
'summary' => 'April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Therefore, if we bring an ordinance, we will give the license,” she assured. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.</span></span></span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2022-04-05',
'modified' => '2022-04-06',
'keywords' => '',
'description' => '',
'sortorder' => '14791',
'image' => '20220405030752_1649136566.1627125046.upper_tamakoshi.jpg',
'article_date' => '2022-04-05 15:06:53',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '224',
'name' => 'Hydro',
'parentOf' => '26',
'published' => true,
'registered' => '2018-11-22 00:00:00',
'sortorder' => '97',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-16 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '15049',
'hit' => '1109'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20220405030752_1649136566.1627125046.upper_tamakoshi.jpg'
$user = null
$groupId = null
include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '15049',
'article_category_id' => '224',
'title' => 'Government Refuses Issuing License to Private Sector for Electricity Trade',
'sub_title' => '',
'summary' => 'April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Therefore, if we bring an ordinance, we will give the license,” she assured. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.</span></span></span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2022-04-05',
'modified' => '2022-04-06',
'keywords' => '',
'description' => '',
'sortorder' => '14791',
'image' => '20220405030752_1649136566.1627125046.upper_tamakoshi.jpg',
'article_date' => '2022-04-05 15:06:53',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '224',
'name' => 'Hydro',
'parentOf' => '26',
'published' => true,
'registered' => '2018-11-22 00:00:00',
'sortorder' => '97',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-16 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '15049',
'article_category_id' => '224',
'title' => 'Government Refuses Issuing License to Private Sector for Electricity Trade',
'sub_title' => '',
'summary' => 'April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Therefore, if we bring an ordinance, we will give the license,” she assured. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.</span></span></span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2022-04-05',
'modified' => '2022-04-06',
'keywords' => '',
'description' => '',
'sortorder' => '14791',
'image' => '20220405030752_1649136566.1627125046.upper_tamakoshi.jpg',
'article_date' => '2022-04-05 15:06:53',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '224',
'name' => 'Hydro',
'parentOf' => '26',
'published' => true,
'registered' => '2018-11-22 00:00:00',
'sortorder' => '97',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-16 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '15049',
'hit' => '1109'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20220405030752_1649136566.1627125046.upper_tamakoshi.jpg'
$user = null
$groupId = null
$user_id = null
$date = '2022-04-05 15:06:53'
$dateFromDatabase = (int) 1649150513
$newDate = 'Apr 05, 2022'
$articleView = array(
'article_id' => '15049',
'hit' => '1109'
)
$word_count = (int) 866
$time_to_read = (float) 4.33
$time_to_read_min = (float) 4
$time_to_read_second = (float) 20
include - APP/View/Articles/view.ctp, line 241
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.
The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.
The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.
There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.
Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.
Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.
The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately.
Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.
"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.
“Therefore, if we bring an ordinance, we will give the license,” she assured.
Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "
At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '15049',
'article_category_id' => '224',
'title' => 'Government Refuses Issuing License to Private Sector for Electricity Trade',
'sub_title' => '',
'summary' => 'April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Therefore, if we bring an ordinance, we will give the license,” she assured. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.</span></span></span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2022-04-05',
'modified' => '2022-04-06',
'keywords' => '',
'description' => '',
'sortorder' => '14791',
'image' => '20220405030752_1649136566.1627125046.upper_tamakoshi.jpg',
'article_date' => '2022-04-05 15:06:53',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '224',
'name' => 'Hydro',
'parentOf' => '26',
'published' => true,
'registered' => '2018-11-22 00:00:00',
'sortorder' => '97',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-16 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '15049',
'article_category_id' => '224',
'title' => 'Government Refuses Issuing License to Private Sector for Electricity Trade',
'sub_title' => '',
'summary' => 'April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Therefore, if we bring an ordinance, we will give the license,” she assured. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.</span></span></span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2022-04-05',
'modified' => '2022-04-06',
'keywords' => '',
'description' => '',
'sortorder' => '14791',
'image' => '20220405030752_1649136566.1627125046.upper_tamakoshi.jpg',
'article_date' => '2022-04-05 15:06:53',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '224',
'name' => 'Hydro',
'parentOf' => '26',
'published' => true,
'registered' => '2018-11-22 00:00:00',
'sortorder' => '97',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-16 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '15049',
'hit' => '1109'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '15049',
'article_category_id' => '224',
'title' => 'Government Refuses Issuing License to Private Sector for Electricity Trade',
'sub_title' => '',
'summary' => 'April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Therefore, if we bring an ordinance, we will give the license,” she assured. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.</span></span></span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2022-04-05',
'modified' => '2022-04-06',
'keywords' => '',
'description' => '',
'sortorder' => '14791',
'image' => '20220405030752_1649136566.1627125046.upper_tamakoshi.jpg',
'article_date' => '2022-04-05 15:06:53',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '224',
'name' => 'Hydro',
'parentOf' => '26',
'published' => true,
'registered' => '2018-11-22 00:00:00',
'sortorder' => '97',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-16 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '15049',
'article_category_id' => '224',
'title' => 'Government Refuses Issuing License to Private Sector for Electricity Trade',
'sub_title' => '',
'summary' => 'April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Therefore, if we bring an ordinance, we will give the license,” she assured. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.</span></span></span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2022-04-05',
'modified' => '2022-04-06',
'keywords' => '',
'description' => '',
'sortorder' => '14791',
'image' => '20220405030752_1649136566.1627125046.upper_tamakoshi.jpg',
'article_date' => '2022-04-05 15:06:53',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '224',
'name' => 'Hydro',
'parentOf' => '26',
'published' => true,
'registered' => '2018-11-22 00:00:00',
'sortorder' => '97',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-16 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '15049',
'hit' => '1109'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '15049',
'article_category_id' => '224',
'title' => 'Government Refuses Issuing License to Private Sector for Electricity Trade',
'sub_title' => '',
'summary' => 'April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Therefore, if we bring an ordinance, we will give the license,” she assured. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.</span></span></span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2022-04-05',
'modified' => '2022-04-06',
'keywords' => '',
'description' => '',
'sortorder' => '14791',
'image' => '20220405030752_1649136566.1627125046.upper_tamakoshi.jpg',
'article_date' => '2022-04-05 15:06:53',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '224',
'name' => 'Hydro',
'parentOf' => '26',
'published' => true,
'registered' => '2018-11-22 00:00:00',
'sortorder' => '97',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-16 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '15049',
'article_category_id' => '224',
'title' => 'Government Refuses Issuing License to Private Sector for Electricity Trade',
'sub_title' => '',
'summary' => 'April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Therefore, if we bring an ordinance, we will give the license,” she assured. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.</span></span></span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2022-04-05',
'modified' => '2022-04-06',
'keywords' => '',
'description' => '',
'sortorder' => '14791',
'image' => '20220405030752_1649136566.1627125046.upper_tamakoshi.jpg',
'article_date' => '2022-04-05 15:06:53',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '224',
'name' => 'Hydro',
'parentOf' => '26',
'published' => true,
'registered' => '2018-11-22 00:00:00',
'sortorder' => '97',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-16 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '15049',
'hit' => '1109'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '15049',
'article_category_id' => '224',
'title' => 'Government Refuses Issuing License to Private Sector for Electricity Trade',
'sub_title' => '',
'summary' => 'April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Therefore, if we bring an ordinance, we will give the license,” she assured. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.</span></span></span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2022-04-05',
'modified' => '2022-04-06',
'keywords' => '',
'description' => '',
'sortorder' => '14791',
'image' => '20220405030752_1649136566.1627125046.upper_tamakoshi.jpg',
'article_date' => '2022-04-05 15:06:53',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '224',
'name' => 'Hydro',
'parentOf' => '26',
'published' => true,
'registered' => '2018-11-22 00:00:00',
'sortorder' => '97',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-16 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '15049',
'article_category_id' => '224',
'title' => 'Government Refuses Issuing License to Private Sector for Electricity Trade',
'sub_title' => '',
'summary' => 'April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">April 5: The process of allowing the private sector to trade electricity has been halted due to lack of legislation. The Ministry of Law, Justice and Parliamentary Affairs has stopped the process stating that there is no such provision in the existing laws.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Energy, Water Resources, and Irrigation had prepared guidelines and procedures in this regard and submitted them to the Ministry of Law and Finance for approval. However, the Ministry of Law sent back the file saying that there is no legal provision to allow the private sector to trade electricity. In the meantime, the process of allowing the private sector to trade electricity was stopped immediately.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Ministry of Law argued that any provision that is not included in the prevailing laws cannot be implemented by formulating procedures. Due to this, the process of issuing electricity trade licenses to the private sector was halted immediately, said Madhu Prasad Bhetuwal, spokesperson of the Ministry of Energy.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">There is no provision in the prevailing laws to allow the private sector to trade electricity. However, the private sector has been seeking permission for the electricity trade. The Independent Power Producers Association of Nepal (IPPAN) has set up a company called Nepal Power Exchange Limited to trade electricity. The company has also signed an agreement with Indian electricity trading company Manikaran to provide 500 MW of electricity by next year.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Given these issues, the Ministry of Energy had prepared a procedure to allow the private sector to trade electricity. However, after the Ministry of Law imposed the ban, the issue has become complicated.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Meanwhile, Energy Minister Pampha Bhusal said that the private sector would be allowed to trade electricity even through an ordinance. She said this while addressing the Himalayan Hydro Expo held in Kathmandu on Monday.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">The Electricity Act under consideration in the parliament has a provision to allow the private sector to trade electricity. However, due to the obstruction of parliament, it is not likely to be passed immediately. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Minister Bhusal said that if an ordinance is introduced, the private sector will be given a license to trade electricity.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">"We are in favor of allowing the private sector to trade electricity. However, due to the lack of legislation, there were some immediate problems,” she said.</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">“Therefore, if we bring an ordinance, we will give the license,” she assured. </span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">Chairman of IPPAN, Krishna Prasad Acharya, said that there was no need to think about this issue. "The issue raised by the energy minister is serious. But for us, the license is more important than that,” he added. "</span></span></span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif""><span style="font-size:12.0pt"><span style="font-family:"Times New Roman","serif"">At present, Nepal Electricity Authority (NEA) has stopped 215 river flow projects of 9000 MW capacity. Energy producers of the private sector say that the PPA of those projects can be done if they get a license from the government.</span></span></span></span></p>
<p> </p>
<p> </p>
<p> </p>
',
'published' => true,
'created' => '2022-04-05',
'modified' => '2022-04-06',
'keywords' => '',
'description' => '',
'sortorder' => '14791',
'image' => '20220405030752_1649136566.1627125046.upper_tamakoshi.jpg',
'article_date' => '2022-04-05 15:06:53',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => false,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '224',
'name' => 'Hydro',
'parentOf' => '26',
'published' => true,
'registered' => '2018-11-22 00:00:00',
'sortorder' => '97',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => true,
'user_id' => '1',
'created' => '2018-11-16 00:00:00',
'modified' => '2018-11-16 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '15049',
'hit' => '1109'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117