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MoF Decides to Provide Rs 5.37 Billion to End Power Cut

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MoF Decides to Provide Rs 5.37 Billion to End Power Cut
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December 13: Deputy Prime Minister and Minister for Finance (MoF), Krishna Bahadur Mahara has decided to provide the amount demanded by Ministry of Energy (MoE). Prioritizing MoE work to end power cut, MoF decided to provide additional Rs 5.37 billion on December 12. The MoE demanded the additional amount for purchase and maintenance of electricity poles, transformers, new meters and wires. Mahara inspected Marsyangdi Hydropower Project and Sino Hydropower Project on December 10.

Meanwhile, Prime Minister Pushpa Kamal Dahal on the same day directed MoE and related bodies to function on result oriented basis for the control of electricity leakage. According to the statistics of Nepal Electricity Authority (NEA), currently there is more than 25 percent of electricity leakage in the country equaling the installed capacity of 250MW. Thus, the PM also directed to control the massive electricity leakage.

The PM addressing the joint meeting of Minister of Energy including Secretary of MoE and Ministry of Home Affairs at Office of Prime Minister and Ministry of Council directed the related bodies about the energy leakage. “Though all 25 percent leakage cannot be controlled, at least 10 percent leakage should be controlled within few months,” said PM Dahal.

Moreover, PM Dahal also requested the bodies to keep electricity theft done by big industries in the first phase of campaign as well as to control hooking done by general consumers.         

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