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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">NEA claimed that its profit was the highest among the government-run corporations. </span></span></span></span></p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">NEA claimed that its profit was the highest among the government-run corporations. </span></span></span></span></p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">The electricity consumption had reduced during the four-month long lockdown period. NEA was also unable to collect electricity fare during the period. In such context, NEA was expecting its profit to shrink. But statistics show its profit increased instead of declining.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">Speaking at a virtual conference organised on the occasion of the 35<sup>th</sup> anniversary of NEA, Energy Minister Barsha Man Pun said it was praiseworthy for an institution which was on the verge of privatization to make maximum profit.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">Minister Pun added that the government has facilitated NEA to have access to the international market by granting permission for cross-border energy trade. </span></span></span></span></p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">NEA claimed that its profit was the highest among the government-run corporations. </span></span></span></span></p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">NEA claimed that its profit was the highest among the government-run corporations. </span></span></span></span></p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">NEA claimed that its profit was the highest among the government-run corporations. </span></span></span></span></p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">According to the state-owned utility, its net profit increased by 12.64 percent during the review period. The net profit of NEA in FY 2018/19 was Rs 9.84 billion , which rose to Rs 11.5 billion in FY 2019/20. </span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">NEA claimed that its profit was the highest among the government-run corporations. </span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">Its accrued loss which was Rs 12.37 billion also came down to Rs 4.86 billion in the last fiscal year.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">The electricity consumption had reduced during the four-month long lockdown period. NEA was also unable to collect electricity fare during the period. In such context, NEA was expecting its profit to shrink. But statistics show its profit increased instead of declining.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">Speaking at a virtual conference organised on the occasion of the 35<sup>th</sup> anniversary of NEA, Energy Minister Barsha Man Pun said it was praiseworthy for an institution which was on the verge of privatization to make maximum profit.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">Minister Pun added that the government has facilitated NEA to have access to the international market by granting permission for cross-border energy trade. </span></span></span></span></p>
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">NEA claimed that its profit was the highest among the government-run corporations. </span></span></span></span></p>
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August 18: The net profit of Nepal Electricity Authority (NEA) increased in the last fiscal year 2019/20 amid coronavirus crisis.
According to the state-owned utility, its net profit increased by 12.64 percent during the review period. The net profit of NEA in FY 2018/19 was Rs 9.84 billion , which rose to Rs 11.5 billion in FY 2019/20.
NEA claimed that its profit was the highest among the government-run corporations.
Its accrued loss which was Rs 12.37 billion also came down to Rs 4.86 billion in the last fiscal year.
The electricity consumption had reduced during the four-month long lockdown period. NEA was also unable to collect electricity fare during the period. In such context, NEA was expecting its profit to shrink. But statistics show its profit increased instead of declining.
Speaking at a virtual conference organised on the occasion of the 35th anniversary of NEA, Energy Minister Barsha Man Pun said it was praiseworthy for an institution which was on the verge of privatization to make maximum profit.
Minister Pun added that the government has facilitated NEA to have access to the international market by granting permission for cross-border energy trade.
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<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">Minister Pun added that the government has facilitated NEA to have access to the international market by granting permission for cross-border energy trade. </span></span></span></span></p>
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'summary' => 'August 18: The net profit of Nepal Electricity Authority (NEA) increased in the last fiscal year 2019/20 amid coronavirus crisis. ',
'content' => '<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">August 18: The net profit of Nepal Electricity Authority (NEA) increased in the last fiscal year 2019/20 amid coronavirus crisis. </span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">According to the state-owned utility, its net profit increased by 12.64 percent during the review period. The net profit of NEA in FY 2018/19 was Rs 9.84 billion , which rose to Rs 11.5 billion in FY 2019/20. </span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">NEA claimed that its profit was the highest among the government-run corporations. </span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">Its accrued loss which was Rs 12.37 billion also came down to Rs 4.86 billion in the last fiscal year.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">The electricity consumption had reduced during the four-month long lockdown period. NEA was also unable to collect electricity fare during the period. In such context, NEA was expecting its profit to shrink. But statistics show its profit increased instead of declining.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">Speaking at a virtual conference organised on the occasion of the 35<sup>th</sup> anniversary of NEA, Energy Minister Barsha Man Pun said it was praiseworthy for an institution which was on the verge of privatization to make maximum profit.</span></span></span></span></p>
<p><span style="font-size:10pt"><span style="font-family:Times"><span style="font-size:14.0pt"><span style="font-family:"Bangla MN"">Minister Pun added that the government has facilitated NEA to have access to the international market by granting permission for cross-border energy trade. </span></span></span></span></p>
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