$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' => '1541',
'article_category_id' => '91',
'title' => 'Private Sector Investment In Hydropower Reaches Rs 55 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></div>
<div>
</div>
<div>
The private sector has increased its investment in the hydro power sector. According to the Independent Power Producers Association, Nepal (IPPAN), the private sector has invested Rs 55 billion in 25 hydro projects till the date since the first private power plant was established in 2000. “With this investment, 300 MW of hydroelectricity will be generated within 4 years,” said President of IPPAN, Dr Subarnadas Shrestha. The investment from the private sector can provide a positive message to the government, persuading an increase in investment from its side too, he added.</div>
<div>
</div>
<div>
The promoters of Hewa Khola hydro project are hoping to produce 15 MW of electricity within the current fiscal year. Approximately Rs 2.25 billion is expected to be invested for the completion of the project and Panchthar Power Company Pvt. Ltd. has been officially established for its construction. Twelve banks under the leadership of Sanima Bank will be investing Rs 1.67 billion for the project. </div>
<div>
</div>
<div>
Similarly, Robust Energy Pvt Ltd is investing in the Mistri Khola hydro project to produce 42 MW of hydro-electricity. The estimated amount for investment is Rs six billion and it is expected to be completed within the next fiscal year. The lower Modi Khola Hydro project with a capacity of 20 MW is also likely to be completed within the next fiscal year. The estimated cost of the project is Rs 3.60 billion. This project is being financed by 11 private banks under the leadership of Nepal Investment Bank Pvt Ltd. </div>
<div>
</div>
<div>
The private sector’s investment in these hydro power projects does not only show their involvement in the energy sector but also their concern for the private sector towards the development of the country.</div>
<div>
This shows that the private sector can make a significant change in the hydro power sector. Beyond various challenges, the private sector has invested 30 per cent of the total cost as equity and 70 per cent by taking loans from different banks. </div>
<div>
</div>
<div>
Hydro power promoters opine that an additional Rs 50 billion can be invested from banks and financial institutions in the hydro power sector in the present context. According to data from Nepal Rastra Bank (NRB), banks and financial institutions have invested around Rs 17 billion till the end of the previous fiscal year. </div>
<div>
</div>
<div>
The investment of banks and financial institutions has increased in this sector because of the provision by the regulatory body Nepal Rastra Bank that the banks must have 10 per cent of total investment in agricultural and hydro-power. “This will benefit promoters of private hydro projects also,” spokesperson of NRB, Bhaskarmani Gyanwali said. </div>
<div>
</div>
<div>
The private sector has been investing in hydro power projects since B.S. 2052 (1995), has generated 230 MW of electricity till the end of the previous fiscal year and contributes to 30 per cent of the total energy generated in Nepal. </div>
<div>
</div>
<div>
The business community argues that though the government ought to support the private sector that has been making a significant change in the development sector, it has been discouraging the private sector instead. “The government should provide VAT discount on materials of civil construction, and devise a new PPA rate. But we are not getting any such support,” said former President of IPPAN, Dr Sandip Shah said.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-04',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The private sector has increased its investment in the hydro power sector.',
'sortorder' => '1402',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '91',
'name' => 'Main News',
'parentOf' => '90',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'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' => '1541',
'article_category_id' => '91',
'title' => 'Private Sector Investment In Hydropower Reaches Rs 55 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></div>
<div>
</div>
<div>
The private sector has increased its investment in the hydro power sector. According to the Independent Power Producers Association, Nepal (IPPAN), the private sector has invested Rs 55 billion in 25 hydro projects till the date since the first private power plant was established in 2000. “With this investment, 300 MW of hydroelectricity will be generated within 4 years,” said President of IPPAN, Dr Subarnadas Shrestha. The investment from the private sector can provide a positive message to the government, persuading an increase in investment from its side too, he added.</div>
<div>
</div>
<div>
The promoters of Hewa Khola hydro project are hoping to produce 15 MW of electricity within the current fiscal year. Approximately Rs 2.25 billion is expected to be invested for the completion of the project and Panchthar Power Company Pvt. Ltd. has been officially established for its construction. Twelve banks under the leadership of Sanima Bank will be investing Rs 1.67 billion for the project. </div>
<div>
</div>
<div>
Similarly, Robust Energy Pvt Ltd is investing in the Mistri Khola hydro project to produce 42 MW of hydro-electricity. The estimated amount for investment is Rs six billion and it is expected to be completed within the next fiscal year. The lower Modi Khola Hydro project with a capacity of 20 MW is also likely to be completed within the next fiscal year. The estimated cost of the project is Rs 3.60 billion. This project is being financed by 11 private banks under the leadership of Nepal Investment Bank Pvt Ltd. </div>
<div>
</div>
<div>
The private sector’s investment in these hydro power projects does not only show their involvement in the energy sector but also their concern for the private sector towards the development of the country.</div>
<div>
This shows that the private sector can make a significant change in the hydro power sector. Beyond various challenges, the private sector has invested 30 per cent of the total cost as equity and 70 per cent by taking loans from different banks. </div>
<div>
</div>
<div>
Hydro power promoters opine that an additional Rs 50 billion can be invested from banks and financial institutions in the hydro power sector in the present context. According to data from Nepal Rastra Bank (NRB), banks and financial institutions have invested around Rs 17 billion till the end of the previous fiscal year. </div>
<div>
</div>
<div>
The investment of banks and financial institutions has increased in this sector because of the provision by the regulatory body Nepal Rastra Bank that the banks must have 10 per cent of total investment in agricultural and hydro-power. “This will benefit promoters of private hydro projects also,” spokesperson of NRB, Bhaskarmani Gyanwali said. </div>
<div>
</div>
<div>
The private sector has been investing in hydro power projects since B.S. 2052 (1995), has generated 230 MW of electricity till the end of the previous fiscal year and contributes to 30 per cent of the total energy generated in Nepal. </div>
<div>
</div>
<div>
The business community argues that though the government ought to support the private sector that has been making a significant change in the development sector, it has been discouraging the private sector instead. “The government should provide VAT discount on materials of civil construction, and devise a new PPA rate. But we are not getting any such support,” said former President of IPPAN, Dr Sandip Shah said.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-04',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The private sector has increased its investment in the hydro power sector.',
'sortorder' => '1402',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '91',
'name' => 'Main News',
'parentOf' => '90',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1541',
'hit' => '3579'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/'
$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' => '1541',
'article_category_id' => '91',
'title' => 'Private Sector Investment In Hydropower Reaches Rs 55 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></div>
<div>
</div>
<div>
The private sector has increased its investment in the hydro power sector. According to the Independent Power Producers Association, Nepal (IPPAN), the private sector has invested Rs 55 billion in 25 hydro projects till the date since the first private power plant was established in 2000. “With this investment, 300 MW of hydroelectricity will be generated within 4 years,” said President of IPPAN, Dr Subarnadas Shrestha. The investment from the private sector can provide a positive message to the government, persuading an increase in investment from its side too, he added.</div>
<div>
</div>
<div>
The promoters of Hewa Khola hydro project are hoping to produce 15 MW of electricity within the current fiscal year. Approximately Rs 2.25 billion is expected to be invested for the completion of the project and Panchthar Power Company Pvt. Ltd. has been officially established for its construction. Twelve banks under the leadership of Sanima Bank will be investing Rs 1.67 billion for the project. </div>
<div>
</div>
<div>
Similarly, Robust Energy Pvt Ltd is investing in the Mistri Khola hydro project to produce 42 MW of hydro-electricity. The estimated amount for investment is Rs six billion and it is expected to be completed within the next fiscal year. The lower Modi Khola Hydro project with a capacity of 20 MW is also likely to be completed within the next fiscal year. The estimated cost of the project is Rs 3.60 billion. This project is being financed by 11 private banks under the leadership of Nepal Investment Bank Pvt Ltd. </div>
<div>
</div>
<div>
The private sector’s investment in these hydro power projects does not only show their involvement in the energy sector but also their concern for the private sector towards the development of the country.</div>
<div>
This shows that the private sector can make a significant change in the hydro power sector. Beyond various challenges, the private sector has invested 30 per cent of the total cost as equity and 70 per cent by taking loans from different banks. </div>
<div>
</div>
<div>
Hydro power promoters opine that an additional Rs 50 billion can be invested from banks and financial institutions in the hydro power sector in the present context. According to data from Nepal Rastra Bank (NRB), banks and financial institutions have invested around Rs 17 billion till the end of the previous fiscal year. </div>
<div>
</div>
<div>
The investment of banks and financial institutions has increased in this sector because of the provision by the regulatory body Nepal Rastra Bank that the banks must have 10 per cent of total investment in agricultural and hydro-power. “This will benefit promoters of private hydro projects also,” spokesperson of NRB, Bhaskarmani Gyanwali said. </div>
<div>
</div>
<div>
The private sector has been investing in hydro power projects since B.S. 2052 (1995), has generated 230 MW of electricity till the end of the previous fiscal year and contributes to 30 per cent of the total energy generated in Nepal. </div>
<div>
</div>
<div>
The business community argues that though the government ought to support the private sector that has been making a significant change in the development sector, it has been discouraging the private sector instead. “The government should provide VAT discount on materials of civil construction, and devise a new PPA rate. But we are not getting any such support,” said former President of IPPAN, Dr Sandip Shah said.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-04',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The private sector has increased its investment in the hydro power sector.',
'sortorder' => '1402',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '91',
'name' => 'Main News',
'parentOf' => '90',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'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' => '1541',
'article_category_id' => '91',
'title' => 'Private Sector Investment In Hydropower Reaches Rs 55 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></div>
<div>
</div>
<div>
The private sector has increased its investment in the hydro power sector. According to the Independent Power Producers Association, Nepal (IPPAN), the private sector has invested Rs 55 billion in 25 hydro projects till the date since the first private power plant was established in 2000. “With this investment, 300 MW of hydroelectricity will be generated within 4 years,” said President of IPPAN, Dr Subarnadas Shrestha. The investment from the private sector can provide a positive message to the government, persuading an increase in investment from its side too, he added.</div>
<div>
</div>
<div>
The promoters of Hewa Khola hydro project are hoping to produce 15 MW of electricity within the current fiscal year. Approximately Rs 2.25 billion is expected to be invested for the completion of the project and Panchthar Power Company Pvt. Ltd. has been officially established for its construction. Twelve banks under the leadership of Sanima Bank will be investing Rs 1.67 billion for the project. </div>
<div>
</div>
<div>
Similarly, Robust Energy Pvt Ltd is investing in the Mistri Khola hydro project to produce 42 MW of hydro-electricity. The estimated amount for investment is Rs six billion and it is expected to be completed within the next fiscal year. The lower Modi Khola Hydro project with a capacity of 20 MW is also likely to be completed within the next fiscal year. The estimated cost of the project is Rs 3.60 billion. This project is being financed by 11 private banks under the leadership of Nepal Investment Bank Pvt Ltd. </div>
<div>
</div>
<div>
The private sector’s investment in these hydro power projects does not only show their involvement in the energy sector but also their concern for the private sector towards the development of the country.</div>
<div>
This shows that the private sector can make a significant change in the hydro power sector. Beyond various challenges, the private sector has invested 30 per cent of the total cost as equity and 70 per cent by taking loans from different banks. </div>
<div>
</div>
<div>
Hydro power promoters opine that an additional Rs 50 billion can be invested from banks and financial institutions in the hydro power sector in the present context. According to data from Nepal Rastra Bank (NRB), banks and financial institutions have invested around Rs 17 billion till the end of the previous fiscal year. </div>
<div>
</div>
<div>
The investment of banks and financial institutions has increased in this sector because of the provision by the regulatory body Nepal Rastra Bank that the banks must have 10 per cent of total investment in agricultural and hydro-power. “This will benefit promoters of private hydro projects also,” spokesperson of NRB, Bhaskarmani Gyanwali said. </div>
<div>
</div>
<div>
The private sector has been investing in hydro power projects since B.S. 2052 (1995), has generated 230 MW of electricity till the end of the previous fiscal year and contributes to 30 per cent of the total energy generated in Nepal. </div>
<div>
</div>
<div>
The business community argues that though the government ought to support the private sector that has been making a significant change in the development sector, it has been discouraging the private sector instead. “The government should provide VAT discount on materials of civil construction, and devise a new PPA rate. But we are not getting any such support,” said former President of IPPAN, Dr Sandip Shah said.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-04',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The private sector has increased its investment in the hydro power sector.',
'sortorder' => '1402',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '91',
'name' => 'Main News',
'parentOf' => '90',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1541',
'hit' => '3579'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/'
$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' => '1541',
'article_category_id' => '91',
'title' => 'Private Sector Investment In Hydropower Reaches Rs 55 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></div>
<div>
</div>
<div>
The private sector has increased its investment in the hydro power sector. According to the Independent Power Producers Association, Nepal (IPPAN), the private sector has invested Rs 55 billion in 25 hydro projects till the date since the first private power plant was established in 2000. “With this investment, 300 MW of hydroelectricity will be generated within 4 years,” said President of IPPAN, Dr Subarnadas Shrestha. The investment from the private sector can provide a positive message to the government, persuading an increase in investment from its side too, he added.</div>
<div>
</div>
<div>
The promoters of Hewa Khola hydro project are hoping to produce 15 MW of electricity within the current fiscal year. Approximately Rs 2.25 billion is expected to be invested for the completion of the project and Panchthar Power Company Pvt. Ltd. has been officially established for its construction. Twelve banks under the leadership of Sanima Bank will be investing Rs 1.67 billion for the project. </div>
<div>
</div>
<div>
Similarly, Robust Energy Pvt Ltd is investing in the Mistri Khola hydro project to produce 42 MW of hydro-electricity. The estimated amount for investment is Rs six billion and it is expected to be completed within the next fiscal year. The lower Modi Khola Hydro project with a capacity of 20 MW is also likely to be completed within the next fiscal year. The estimated cost of the project is Rs 3.60 billion. This project is being financed by 11 private banks under the leadership of Nepal Investment Bank Pvt Ltd. </div>
<div>
</div>
<div>
The private sector’s investment in these hydro power projects does not only show their involvement in the energy sector but also their concern for the private sector towards the development of the country.</div>
<div>
This shows that the private sector can make a significant change in the hydro power sector. Beyond various challenges, the private sector has invested 30 per cent of the total cost as equity and 70 per cent by taking loans from different banks. </div>
<div>
</div>
<div>
Hydro power promoters opine that an additional Rs 50 billion can be invested from banks and financial institutions in the hydro power sector in the present context. According to data from Nepal Rastra Bank (NRB), banks and financial institutions have invested around Rs 17 billion till the end of the previous fiscal year. </div>
<div>
</div>
<div>
The investment of banks and financial institutions has increased in this sector because of the provision by the regulatory body Nepal Rastra Bank that the banks must have 10 per cent of total investment in agricultural and hydro-power. “This will benefit promoters of private hydro projects also,” spokesperson of NRB, Bhaskarmani Gyanwali said. </div>
<div>
</div>
<div>
The private sector has been investing in hydro power projects since B.S. 2052 (1995), has generated 230 MW of electricity till the end of the previous fiscal year and contributes to 30 per cent of the total energy generated in Nepal. </div>
<div>
</div>
<div>
The business community argues that though the government ought to support the private sector that has been making a significant change in the development sector, it has been discouraging the private sector instead. “The government should provide VAT discount on materials of civil construction, and devise a new PPA rate. But we are not getting any such support,” said former President of IPPAN, Dr Sandip Shah said.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-04',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The private sector has increased its investment in the hydro power sector.',
'sortorder' => '1402',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '91',
'name' => 'Main News',
'parentOf' => '90',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'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' => '1541',
'article_category_id' => '91',
'title' => 'Private Sector Investment In Hydropower Reaches Rs 55 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></div>
<div>
</div>
<div>
The private sector has increased its investment in the hydro power sector. According to the Independent Power Producers Association, Nepal (IPPAN), the private sector has invested Rs 55 billion in 25 hydro projects till the date since the first private power plant was established in 2000. “With this investment, 300 MW of hydroelectricity will be generated within 4 years,” said President of IPPAN, Dr Subarnadas Shrestha. The investment from the private sector can provide a positive message to the government, persuading an increase in investment from its side too, he added.</div>
<div>
</div>
<div>
The promoters of Hewa Khola hydro project are hoping to produce 15 MW of electricity within the current fiscal year. Approximately Rs 2.25 billion is expected to be invested for the completion of the project and Panchthar Power Company Pvt. Ltd. has been officially established for its construction. Twelve banks under the leadership of Sanima Bank will be investing Rs 1.67 billion for the project. </div>
<div>
</div>
<div>
Similarly, Robust Energy Pvt Ltd is investing in the Mistri Khola hydro project to produce 42 MW of hydro-electricity. The estimated amount for investment is Rs six billion and it is expected to be completed within the next fiscal year. The lower Modi Khola Hydro project with a capacity of 20 MW is also likely to be completed within the next fiscal year. The estimated cost of the project is Rs 3.60 billion. This project is being financed by 11 private banks under the leadership of Nepal Investment Bank Pvt Ltd. </div>
<div>
</div>
<div>
The private sector’s investment in these hydro power projects does not only show their involvement in the energy sector but also their concern for the private sector towards the development of the country.</div>
<div>
This shows that the private sector can make a significant change in the hydro power sector. Beyond various challenges, the private sector has invested 30 per cent of the total cost as equity and 70 per cent by taking loans from different banks. </div>
<div>
</div>
<div>
Hydro power promoters opine that an additional Rs 50 billion can be invested from banks and financial institutions in the hydro power sector in the present context. According to data from Nepal Rastra Bank (NRB), banks and financial institutions have invested around Rs 17 billion till the end of the previous fiscal year. </div>
<div>
</div>
<div>
The investment of banks and financial institutions has increased in this sector because of the provision by the regulatory body Nepal Rastra Bank that the banks must have 10 per cent of total investment in agricultural and hydro-power. “This will benefit promoters of private hydro projects also,” spokesperson of NRB, Bhaskarmani Gyanwali said. </div>
<div>
</div>
<div>
The private sector has been investing in hydro power projects since B.S. 2052 (1995), has generated 230 MW of electricity till the end of the previous fiscal year and contributes to 30 per cent of the total energy generated in Nepal. </div>
<div>
</div>
<div>
The business community argues that though the government ought to support the private sector that has been making a significant change in the development sector, it has been discouraging the private sector instead. “The government should provide VAT discount on materials of civil construction, and devise a new PPA rate. But we are not getting any such support,” said former President of IPPAN, Dr Sandip Shah said.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-04',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The private sector has increased its investment in the hydro power sector.',
'sortorder' => '1402',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '91',
'name' => 'Main News',
'parentOf' => '90',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1541',
'hit' => '3579'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://www.old.newbusinessage.com/app/webroot/img/news/'
$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
Private Sector Investment In Hydropower Reaches Rs 55 Billion
2 min 57 sec to read
--By TC Correspondent
The private sector has increased its investment in the hydro power sector. According to the Independent Power Producers Association, Nepal (IPPAN), the private sector has invested Rs 55 billion in 25 hydro projects till the date since the first private power plant was established in 2000. “With this investment, 300 MW of hydroelectricity will be generated within 4 years,” said President of IPPAN, Dr Subarnadas Shrestha. The investment from the private sector can provide a positive message to the government, persuading an increase in investment from its side too, he added.
The promoters of Hewa Khola hydro project are hoping to produce 15 MW of electricity within the current fiscal year. Approximately Rs 2.25 billion is expected to be invested for the completion of the project and Panchthar Power Company Pvt. Ltd. has been officially established for its construction. Twelve banks under the leadership of Sanima Bank will be investing Rs 1.67 billion for the project.
Similarly, Robust Energy Pvt Ltd is investing in the Mistri Khola hydro project to produce 42 MW of hydro-electricity. The estimated amount for investment is Rs six billion and it is expected to be completed within the next fiscal year. The lower Modi Khola Hydro project with a capacity of 20 MW is also likely to be completed within the next fiscal year. The estimated cost of the project is Rs 3.60 billion. This project is being financed by 11 private banks under the leadership of Nepal Investment Bank Pvt Ltd.
The private sector’s investment in these hydro power projects does not only show their involvement in the energy sector but also their concern for the private sector towards the development of the country.
This shows that the private sector can make a significant change in the hydro power sector. Beyond various challenges, the private sector has invested 30 per cent of the total cost as equity and 70 per cent by taking loans from different banks.
Hydro power promoters opine that an additional Rs 50 billion can be invested from banks and financial institutions in the hydro power sector in the present context. According to data from Nepal Rastra Bank (NRB), banks and financial institutions have invested around Rs 17 billion till the end of the previous fiscal year.
The investment of banks and financial institutions has increased in this sector because of the provision by the regulatory body Nepal Rastra Bank that the banks must have 10 per cent of total investment in agricultural and hydro-power. “This will benefit promoters of private hydro projects also,” spokesperson of NRB, Bhaskarmani Gyanwali said.
The private sector has been investing in hydro power projects since B.S. 2052 (1995), has generated 230 MW of electricity till the end of the previous fiscal year and contributes to 30 per cent of the total energy generated in Nepal.
The business community argues that though the government ought to support the private sector that has been making a significant change in the development sector, it has been discouraging the private sector instead. “The government should provide VAT discount on materials of civil construction, and devise a new PPA rate. But we are not getting any such support,” said former President of IPPAN, Dr Sandip Shah said.
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' => '1541',
'article_category_id' => '91',
'title' => 'Private Sector Investment In Hydropower Reaches Rs 55 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></div>
<div>
</div>
<div>
The private sector has increased its investment in the hydro power sector. According to the Independent Power Producers Association, Nepal (IPPAN), the private sector has invested Rs 55 billion in 25 hydro projects till the date since the first private power plant was established in 2000. “With this investment, 300 MW of hydroelectricity will be generated within 4 years,” said President of IPPAN, Dr Subarnadas Shrestha. The investment from the private sector can provide a positive message to the government, persuading an increase in investment from its side too, he added.</div>
<div>
</div>
<div>
The promoters of Hewa Khola hydro project are hoping to produce 15 MW of electricity within the current fiscal year. Approximately Rs 2.25 billion is expected to be invested for the completion of the project and Panchthar Power Company Pvt. Ltd. has been officially established for its construction. Twelve banks under the leadership of Sanima Bank will be investing Rs 1.67 billion for the project. </div>
<div>
</div>
<div>
Similarly, Robust Energy Pvt Ltd is investing in the Mistri Khola hydro project to produce 42 MW of hydro-electricity. The estimated amount for investment is Rs six billion and it is expected to be completed within the next fiscal year. The lower Modi Khola Hydro project with a capacity of 20 MW is also likely to be completed within the next fiscal year. The estimated cost of the project is Rs 3.60 billion. This project is being financed by 11 private banks under the leadership of Nepal Investment Bank Pvt Ltd. </div>
<div>
</div>
<div>
The private sector’s investment in these hydro power projects does not only show their involvement in the energy sector but also their concern for the private sector towards the development of the country.</div>
<div>
This shows that the private sector can make a significant change in the hydro power sector. Beyond various challenges, the private sector has invested 30 per cent of the total cost as equity and 70 per cent by taking loans from different banks. </div>
<div>
</div>
<div>
Hydro power promoters opine that an additional Rs 50 billion can be invested from banks and financial institutions in the hydro power sector in the present context. According to data from Nepal Rastra Bank (NRB), banks and financial institutions have invested around Rs 17 billion till the end of the previous fiscal year. </div>
<div>
</div>
<div>
The investment of banks and financial institutions has increased in this sector because of the provision by the regulatory body Nepal Rastra Bank that the banks must have 10 per cent of total investment in agricultural and hydro-power. “This will benefit promoters of private hydro projects also,” spokesperson of NRB, Bhaskarmani Gyanwali said. </div>
<div>
</div>
<div>
The private sector has been investing in hydro power projects since B.S. 2052 (1995), has generated 230 MW of electricity till the end of the previous fiscal year and contributes to 30 per cent of the total energy generated in Nepal. </div>
<div>
</div>
<div>
The business community argues that though the government ought to support the private sector that has been making a significant change in the development sector, it has been discouraging the private sector instead. “The government should provide VAT discount on materials of civil construction, and devise a new PPA rate. But we are not getting any such support,” said former President of IPPAN, Dr Sandip Shah said.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-04',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The private sector has increased its investment in the hydro power sector.',
'sortorder' => '1402',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '91',
'name' => 'Main News',
'parentOf' => '90',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'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' => '1541',
'article_category_id' => '91',
'title' => 'Private Sector Investment In Hydropower Reaches Rs 55 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></div>
<div>
</div>
<div>
The private sector has increased its investment in the hydro power sector. According to the Independent Power Producers Association, Nepal (IPPAN), the private sector has invested Rs 55 billion in 25 hydro projects till the date since the first private power plant was established in 2000. “With this investment, 300 MW of hydroelectricity will be generated within 4 years,” said President of IPPAN, Dr Subarnadas Shrestha. The investment from the private sector can provide a positive message to the government, persuading an increase in investment from its side too, he added.</div>
<div>
</div>
<div>
The promoters of Hewa Khola hydro project are hoping to produce 15 MW of electricity within the current fiscal year. Approximately Rs 2.25 billion is expected to be invested for the completion of the project and Panchthar Power Company Pvt. Ltd. has been officially established for its construction. Twelve banks under the leadership of Sanima Bank will be investing Rs 1.67 billion for the project. </div>
<div>
</div>
<div>
Similarly, Robust Energy Pvt Ltd is investing in the Mistri Khola hydro project to produce 42 MW of hydro-electricity. The estimated amount for investment is Rs six billion and it is expected to be completed within the next fiscal year. The lower Modi Khola Hydro project with a capacity of 20 MW is also likely to be completed within the next fiscal year. The estimated cost of the project is Rs 3.60 billion. This project is being financed by 11 private banks under the leadership of Nepal Investment Bank Pvt Ltd. </div>
<div>
</div>
<div>
The private sector’s investment in these hydro power projects does not only show their involvement in the energy sector but also their concern for the private sector towards the development of the country.</div>
<div>
This shows that the private sector can make a significant change in the hydro power sector. Beyond various challenges, the private sector has invested 30 per cent of the total cost as equity and 70 per cent by taking loans from different banks. </div>
<div>
</div>
<div>
Hydro power promoters opine that an additional Rs 50 billion can be invested from banks and financial institutions in the hydro power sector in the present context. According to data from Nepal Rastra Bank (NRB), banks and financial institutions have invested around Rs 17 billion till the end of the previous fiscal year. </div>
<div>
</div>
<div>
The investment of banks and financial institutions has increased in this sector because of the provision by the regulatory body Nepal Rastra Bank that the banks must have 10 per cent of total investment in agricultural and hydro-power. “This will benefit promoters of private hydro projects also,” spokesperson of NRB, Bhaskarmani Gyanwali said. </div>
<div>
</div>
<div>
The private sector has been investing in hydro power projects since B.S. 2052 (1995), has generated 230 MW of electricity till the end of the previous fiscal year and contributes to 30 per cent of the total energy generated in Nepal. </div>
<div>
</div>
<div>
The business community argues that though the government ought to support the private sector that has been making a significant change in the development sector, it has been discouraging the private sector instead. “The government should provide VAT discount on materials of civil construction, and devise a new PPA rate. But we are not getting any such support,” said former President of IPPAN, Dr Sandip Shah said.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-04',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The private sector has increased its investment in the hydro power sector.',
'sortorder' => '1402',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '91',
'name' => 'Main News',
'parentOf' => '90',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1541',
'hit' => '3579'
)
),
'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' => '1541',
'article_category_id' => '91',
'title' => 'Private Sector Investment In Hydropower Reaches Rs 55 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></div>
<div>
</div>
<div>
The private sector has increased its investment in the hydro power sector. According to the Independent Power Producers Association, Nepal (IPPAN), the private sector has invested Rs 55 billion in 25 hydro projects till the date since the first private power plant was established in 2000. “With this investment, 300 MW of hydroelectricity will be generated within 4 years,” said President of IPPAN, Dr Subarnadas Shrestha. The investment from the private sector can provide a positive message to the government, persuading an increase in investment from its side too, he added.</div>
<div>
</div>
<div>
The promoters of Hewa Khola hydro project are hoping to produce 15 MW of electricity within the current fiscal year. Approximately Rs 2.25 billion is expected to be invested for the completion of the project and Panchthar Power Company Pvt. Ltd. has been officially established for its construction. Twelve banks under the leadership of Sanima Bank will be investing Rs 1.67 billion for the project. </div>
<div>
</div>
<div>
Similarly, Robust Energy Pvt Ltd is investing in the Mistri Khola hydro project to produce 42 MW of hydro-electricity. The estimated amount for investment is Rs six billion and it is expected to be completed within the next fiscal year. The lower Modi Khola Hydro project with a capacity of 20 MW is also likely to be completed within the next fiscal year. The estimated cost of the project is Rs 3.60 billion. This project is being financed by 11 private banks under the leadership of Nepal Investment Bank Pvt Ltd. </div>
<div>
</div>
<div>
The private sector’s investment in these hydro power projects does not only show their involvement in the energy sector but also their concern for the private sector towards the development of the country.</div>
<div>
This shows that the private sector can make a significant change in the hydro power sector. Beyond various challenges, the private sector has invested 30 per cent of the total cost as equity and 70 per cent by taking loans from different banks. </div>
<div>
</div>
<div>
Hydro power promoters opine that an additional Rs 50 billion can be invested from banks and financial institutions in the hydro power sector in the present context. According to data from Nepal Rastra Bank (NRB), banks and financial institutions have invested around Rs 17 billion till the end of the previous fiscal year. </div>
<div>
</div>
<div>
The investment of banks and financial institutions has increased in this sector because of the provision by the regulatory body Nepal Rastra Bank that the banks must have 10 per cent of total investment in agricultural and hydro-power. “This will benefit promoters of private hydro projects also,” spokesperson of NRB, Bhaskarmani Gyanwali said. </div>
<div>
</div>
<div>
The private sector has been investing in hydro power projects since B.S. 2052 (1995), has generated 230 MW of electricity till the end of the previous fiscal year and contributes to 30 per cent of the total energy generated in Nepal. </div>
<div>
</div>
<div>
The business community argues that though the government ought to support the private sector that has been making a significant change in the development sector, it has been discouraging the private sector instead. “The government should provide VAT discount on materials of civil construction, and devise a new PPA rate. But we are not getting any such support,” said former President of IPPAN, Dr Sandip Shah said.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-04',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The private sector has increased its investment in the hydro power sector.',
'sortorder' => '1402',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '91',
'name' => 'Main News',
'parentOf' => '90',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'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' => '1541',
'article_category_id' => '91',
'title' => 'Private Sector Investment In Hydropower Reaches Rs 55 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></div>
<div>
</div>
<div>
The private sector has increased its investment in the hydro power sector. According to the Independent Power Producers Association, Nepal (IPPAN), the private sector has invested Rs 55 billion in 25 hydro projects till the date since the first private power plant was established in 2000. “With this investment, 300 MW of hydroelectricity will be generated within 4 years,” said President of IPPAN, Dr Subarnadas Shrestha. The investment from the private sector can provide a positive message to the government, persuading an increase in investment from its side too, he added.</div>
<div>
</div>
<div>
The promoters of Hewa Khola hydro project are hoping to produce 15 MW of electricity within the current fiscal year. Approximately Rs 2.25 billion is expected to be invested for the completion of the project and Panchthar Power Company Pvt. Ltd. has been officially established for its construction. Twelve banks under the leadership of Sanima Bank will be investing Rs 1.67 billion for the project. </div>
<div>
</div>
<div>
Similarly, Robust Energy Pvt Ltd is investing in the Mistri Khola hydro project to produce 42 MW of hydro-electricity. The estimated amount for investment is Rs six billion and it is expected to be completed within the next fiscal year. The lower Modi Khola Hydro project with a capacity of 20 MW is also likely to be completed within the next fiscal year. The estimated cost of the project is Rs 3.60 billion. This project is being financed by 11 private banks under the leadership of Nepal Investment Bank Pvt Ltd. </div>
<div>
</div>
<div>
The private sector’s investment in these hydro power projects does not only show their involvement in the energy sector but also their concern for the private sector towards the development of the country.</div>
<div>
This shows that the private sector can make a significant change in the hydro power sector. Beyond various challenges, the private sector has invested 30 per cent of the total cost as equity and 70 per cent by taking loans from different banks. </div>
<div>
</div>
<div>
Hydro power promoters opine that an additional Rs 50 billion can be invested from banks and financial institutions in the hydro power sector in the present context. According to data from Nepal Rastra Bank (NRB), banks and financial institutions have invested around Rs 17 billion till the end of the previous fiscal year. </div>
<div>
</div>
<div>
The investment of banks and financial institutions has increased in this sector because of the provision by the regulatory body Nepal Rastra Bank that the banks must have 10 per cent of total investment in agricultural and hydro-power. “This will benefit promoters of private hydro projects also,” spokesperson of NRB, Bhaskarmani Gyanwali said. </div>
<div>
</div>
<div>
The private sector has been investing in hydro power projects since B.S. 2052 (1995), has generated 230 MW of electricity till the end of the previous fiscal year and contributes to 30 per cent of the total energy generated in Nepal. </div>
<div>
</div>
<div>
The business community argues that though the government ought to support the private sector that has been making a significant change in the development sector, it has been discouraging the private sector instead. “The government should provide VAT discount on materials of civil construction, and devise a new PPA rate. But we are not getting any such support,” said former President of IPPAN, Dr Sandip Shah said.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-04',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The private sector has increased its investment in the hydro power sector.',
'sortorder' => '1402',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '91',
'name' => 'Main News',
'parentOf' => '90',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1541',
'hit' => '3579'
)
),
'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' => '1541',
'article_category_id' => '91',
'title' => 'Private Sector Investment In Hydropower Reaches Rs 55 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></div>
<div>
</div>
<div>
The private sector has increased its investment in the hydro power sector. According to the Independent Power Producers Association, Nepal (IPPAN), the private sector has invested Rs 55 billion in 25 hydro projects till the date since the first private power plant was established in 2000. “With this investment, 300 MW of hydroelectricity will be generated within 4 years,” said President of IPPAN, Dr Subarnadas Shrestha. The investment from the private sector can provide a positive message to the government, persuading an increase in investment from its side too, he added.</div>
<div>
</div>
<div>
The promoters of Hewa Khola hydro project are hoping to produce 15 MW of electricity within the current fiscal year. Approximately Rs 2.25 billion is expected to be invested for the completion of the project and Panchthar Power Company Pvt. Ltd. has been officially established for its construction. Twelve banks under the leadership of Sanima Bank will be investing Rs 1.67 billion for the project. </div>
<div>
</div>
<div>
Similarly, Robust Energy Pvt Ltd is investing in the Mistri Khola hydro project to produce 42 MW of hydro-electricity. The estimated amount for investment is Rs six billion and it is expected to be completed within the next fiscal year. The lower Modi Khola Hydro project with a capacity of 20 MW is also likely to be completed within the next fiscal year. The estimated cost of the project is Rs 3.60 billion. This project is being financed by 11 private banks under the leadership of Nepal Investment Bank Pvt Ltd. </div>
<div>
</div>
<div>
The private sector’s investment in these hydro power projects does not only show their involvement in the energy sector but also their concern for the private sector towards the development of the country.</div>
<div>
This shows that the private sector can make a significant change in the hydro power sector. Beyond various challenges, the private sector has invested 30 per cent of the total cost as equity and 70 per cent by taking loans from different banks. </div>
<div>
</div>
<div>
Hydro power promoters opine that an additional Rs 50 billion can be invested from banks and financial institutions in the hydro power sector in the present context. According to data from Nepal Rastra Bank (NRB), banks and financial institutions have invested around Rs 17 billion till the end of the previous fiscal year. </div>
<div>
</div>
<div>
The investment of banks and financial institutions has increased in this sector because of the provision by the regulatory body Nepal Rastra Bank that the banks must have 10 per cent of total investment in agricultural and hydro-power. “This will benefit promoters of private hydro projects also,” spokesperson of NRB, Bhaskarmani Gyanwali said. </div>
<div>
</div>
<div>
The private sector has been investing in hydro power projects since B.S. 2052 (1995), has generated 230 MW of electricity till the end of the previous fiscal year and contributes to 30 per cent of the total energy generated in Nepal. </div>
<div>
</div>
<div>
The business community argues that though the government ought to support the private sector that has been making a significant change in the development sector, it has been discouraging the private sector instead. “The government should provide VAT discount on materials of civil construction, and devise a new PPA rate. But we are not getting any such support,” said former President of IPPAN, Dr Sandip Shah said.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-04',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The private sector has increased its investment in the hydro power sector.',
'sortorder' => '1402',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '91',
'name' => 'Main News',
'parentOf' => '90',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'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' => '1541',
'article_category_id' => '91',
'title' => 'Private Sector Investment In Hydropower Reaches Rs 55 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></div>
<div>
</div>
<div>
The private sector has increased its investment in the hydro power sector. According to the Independent Power Producers Association, Nepal (IPPAN), the private sector has invested Rs 55 billion in 25 hydro projects till the date since the first private power plant was established in 2000. “With this investment, 300 MW of hydroelectricity will be generated within 4 years,” said President of IPPAN, Dr Subarnadas Shrestha. The investment from the private sector can provide a positive message to the government, persuading an increase in investment from its side too, he added.</div>
<div>
</div>
<div>
The promoters of Hewa Khola hydro project are hoping to produce 15 MW of electricity within the current fiscal year. Approximately Rs 2.25 billion is expected to be invested for the completion of the project and Panchthar Power Company Pvt. Ltd. has been officially established for its construction. Twelve banks under the leadership of Sanima Bank will be investing Rs 1.67 billion for the project. </div>
<div>
</div>
<div>
Similarly, Robust Energy Pvt Ltd is investing in the Mistri Khola hydro project to produce 42 MW of hydro-electricity. The estimated amount for investment is Rs six billion and it is expected to be completed within the next fiscal year. The lower Modi Khola Hydro project with a capacity of 20 MW is also likely to be completed within the next fiscal year. The estimated cost of the project is Rs 3.60 billion. This project is being financed by 11 private banks under the leadership of Nepal Investment Bank Pvt Ltd. </div>
<div>
</div>
<div>
The private sector’s investment in these hydro power projects does not only show their involvement in the energy sector but also their concern for the private sector towards the development of the country.</div>
<div>
This shows that the private sector can make a significant change in the hydro power sector. Beyond various challenges, the private sector has invested 30 per cent of the total cost as equity and 70 per cent by taking loans from different banks. </div>
<div>
</div>
<div>
Hydro power promoters opine that an additional Rs 50 billion can be invested from banks and financial institutions in the hydro power sector in the present context. According to data from Nepal Rastra Bank (NRB), banks and financial institutions have invested around Rs 17 billion till the end of the previous fiscal year. </div>
<div>
</div>
<div>
The investment of banks and financial institutions has increased in this sector because of the provision by the regulatory body Nepal Rastra Bank that the banks must have 10 per cent of total investment in agricultural and hydro-power. “This will benefit promoters of private hydro projects also,” spokesperson of NRB, Bhaskarmani Gyanwali said. </div>
<div>
</div>
<div>
The private sector has been investing in hydro power projects since B.S. 2052 (1995), has generated 230 MW of electricity till the end of the previous fiscal year and contributes to 30 per cent of the total energy generated in Nepal. </div>
<div>
</div>
<div>
The business community argues that though the government ought to support the private sector that has been making a significant change in the development sector, it has been discouraging the private sector instead. “The government should provide VAT discount on materials of civil construction, and devise a new PPA rate. But we are not getting any such support,” said former President of IPPAN, Dr Sandip Shah said.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-04',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The private sector has increased its investment in the hydro power sector.',
'sortorder' => '1402',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '91',
'name' => 'Main News',
'parentOf' => '90',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1541',
'hit' => '3579'
)
),
'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' => '1541',
'article_category_id' => '91',
'title' => 'Private Sector Investment In Hydropower Reaches Rs 55 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></div>
<div>
</div>
<div>
The private sector has increased its investment in the hydro power sector. According to the Independent Power Producers Association, Nepal (IPPAN), the private sector has invested Rs 55 billion in 25 hydro projects till the date since the first private power plant was established in 2000. “With this investment, 300 MW of hydroelectricity will be generated within 4 years,” said President of IPPAN, Dr Subarnadas Shrestha. The investment from the private sector can provide a positive message to the government, persuading an increase in investment from its side too, he added.</div>
<div>
</div>
<div>
The promoters of Hewa Khola hydro project are hoping to produce 15 MW of electricity within the current fiscal year. Approximately Rs 2.25 billion is expected to be invested for the completion of the project and Panchthar Power Company Pvt. Ltd. has been officially established for its construction. Twelve banks under the leadership of Sanima Bank will be investing Rs 1.67 billion for the project. </div>
<div>
</div>
<div>
Similarly, Robust Energy Pvt Ltd is investing in the Mistri Khola hydro project to produce 42 MW of hydro-electricity. The estimated amount for investment is Rs six billion and it is expected to be completed within the next fiscal year. The lower Modi Khola Hydro project with a capacity of 20 MW is also likely to be completed within the next fiscal year. The estimated cost of the project is Rs 3.60 billion. This project is being financed by 11 private banks under the leadership of Nepal Investment Bank Pvt Ltd. </div>
<div>
</div>
<div>
The private sector’s investment in these hydro power projects does not only show their involvement in the energy sector but also their concern for the private sector towards the development of the country.</div>
<div>
This shows that the private sector can make a significant change in the hydro power sector. Beyond various challenges, the private sector has invested 30 per cent of the total cost as equity and 70 per cent by taking loans from different banks. </div>
<div>
</div>
<div>
Hydro power promoters opine that an additional Rs 50 billion can be invested from banks and financial institutions in the hydro power sector in the present context. According to data from Nepal Rastra Bank (NRB), banks and financial institutions have invested around Rs 17 billion till the end of the previous fiscal year. </div>
<div>
</div>
<div>
The investment of banks and financial institutions has increased in this sector because of the provision by the regulatory body Nepal Rastra Bank that the banks must have 10 per cent of total investment in agricultural and hydro-power. “This will benefit promoters of private hydro projects also,” spokesperson of NRB, Bhaskarmani Gyanwali said. </div>
<div>
</div>
<div>
The private sector has been investing in hydro power projects since B.S. 2052 (1995), has generated 230 MW of electricity till the end of the previous fiscal year and contributes to 30 per cent of the total energy generated in Nepal. </div>
<div>
</div>
<div>
The business community argues that though the government ought to support the private sector that has been making a significant change in the development sector, it has been discouraging the private sector instead. “The government should provide VAT discount on materials of civil construction, and devise a new PPA rate. But we are not getting any such support,” said former President of IPPAN, Dr Sandip Shah said.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-04',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The private sector has increased its investment in the hydro power sector.',
'sortorder' => '1402',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '91',
'name' => 'Main News',
'parentOf' => '90',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'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' => '1541',
'article_category_id' => '91',
'title' => 'Private Sector Investment In Hydropower Reaches Rs 55 Billion',
'sub_title' => '',
'summary' => null,
'content' => '<div>
<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></div>
<div>
</div>
<div>
The private sector has increased its investment in the hydro power sector. According to the Independent Power Producers Association, Nepal (IPPAN), the private sector has invested Rs 55 billion in 25 hydro projects till the date since the first private power plant was established in 2000. “With this investment, 300 MW of hydroelectricity will be generated within 4 years,” said President of IPPAN, Dr Subarnadas Shrestha. The investment from the private sector can provide a positive message to the government, persuading an increase in investment from its side too, he added.</div>
<div>
</div>
<div>
The promoters of Hewa Khola hydro project are hoping to produce 15 MW of electricity within the current fiscal year. Approximately Rs 2.25 billion is expected to be invested for the completion of the project and Panchthar Power Company Pvt. Ltd. has been officially established for its construction. Twelve banks under the leadership of Sanima Bank will be investing Rs 1.67 billion for the project. </div>
<div>
</div>
<div>
Similarly, Robust Energy Pvt Ltd is investing in the Mistri Khola hydro project to produce 42 MW of hydro-electricity. The estimated amount for investment is Rs six billion and it is expected to be completed within the next fiscal year. The lower Modi Khola Hydro project with a capacity of 20 MW is also likely to be completed within the next fiscal year. The estimated cost of the project is Rs 3.60 billion. This project is being financed by 11 private banks under the leadership of Nepal Investment Bank Pvt Ltd. </div>
<div>
</div>
<div>
The private sector’s investment in these hydro power projects does not only show their involvement in the energy sector but also their concern for the private sector towards the development of the country.</div>
<div>
This shows that the private sector can make a significant change in the hydro power sector. Beyond various challenges, the private sector has invested 30 per cent of the total cost as equity and 70 per cent by taking loans from different banks. </div>
<div>
</div>
<div>
Hydro power promoters opine that an additional Rs 50 billion can be invested from banks and financial institutions in the hydro power sector in the present context. According to data from Nepal Rastra Bank (NRB), banks and financial institutions have invested around Rs 17 billion till the end of the previous fiscal year. </div>
<div>
</div>
<div>
The investment of banks and financial institutions has increased in this sector because of the provision by the regulatory body Nepal Rastra Bank that the banks must have 10 per cent of total investment in agricultural and hydro-power. “This will benefit promoters of private hydro projects also,” spokesperson of NRB, Bhaskarmani Gyanwali said. </div>
<div>
</div>
<div>
The private sector has been investing in hydro power projects since B.S. 2052 (1995), has generated 230 MW of electricity till the end of the previous fiscal year and contributes to 30 per cent of the total energy generated in Nepal. </div>
<div>
</div>
<div>
The business community argues that though the government ought to support the private sector that has been making a significant change in the development sector, it has been discouraging the private sector instead. “The government should provide VAT discount on materials of civil construction, and devise a new PPA rate. But we are not getting any such support,” said former President of IPPAN, Dr Sandip Shah said.</div>
<div>
</div>',
'published' => true,
'created' => '2013-08-04',
'modified' => '0000-00-00',
'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal',
'description' => 'The private sector has increased its investment in the hydro power sector.',
'sortorder' => '1402',
'image' => null,
'article_date' => '0000-00-00 00:00:00',
'homepage' => false,
'breaking_news' => false,
'main_news' => false,
'in_scroller' => false,
'user_id' => '0'
),
'ArticleCategory' => array(
'id' => '91',
'name' => 'Main News',
'parentOf' => '90',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '90',
'del_flag' => '0',
'homepage' => false,
'display_in_menu' => false,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '0000-00-00 00:00:00'
),
'User' => array(
'password' => '*****',
'id' => null,
'user_detail_id' => null,
'group_id' => null,
'username' => null,
'name' => null,
'email' => null,
'address' => null,
'gender' => null,
'access' => null,
'phone' => null,
'access_type' => null,
'activated' => null,
'sortorder' => null,
'published' => null,
'created' => null,
'last_login' => null,
'ip' => null
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '1541',
'hit' => '3579'
)
),
'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
