Stock Exchange
As of 2015-03-04    15:00:31       ADBL 476 ( 2,209 ) ( -5 )       AHPC 342 ( 3,456 ) ( 4 )       AIC 390 ( 3,106 ) ( 5 )       ALDBL 306 ( 20 ) ( 6 )       ALICL 1,260 ( 7,595 ) ( 10 )       ALICLP 335 ( 15,000 ) ( 18 )       APEX 140 ( 22,865 ) ( 6 )       ARDBL 206 ( 3,110 ) ( -3 )       BLDBL 340 ( 2,488 ) ( 5 )       BPCL 625 ( 2,556 ) ( -18 )       BUDBL 233 ( 816 ) ( -3 )       CBBL 1,662 ( 573 ) ( 20 )       CBL 301 ( 7,537 ) ( 2 )       CCBL 326 ( 727 ) ( -3 )       CDBL 372 ( 850 ) ( 0 )       CFCL 222 ( 2,709 ) ( -2 )       CHCL 1,621 ( 5,468 ) ( 1 )       CIT 3,680 ( 1,851 ) ( 59 )       CNDBL 187 ( 20 ) ( 2 )       CSDBL 296 ( 1,301 ) ( 29 )       CZBIL 462 ( 5,160 ) ( 15 )       CZBILP 139 ( 15,000 ) ( 2 )       EBL 2,130 ( 3,482 ) ( 9 )       EBLCP 990 ( 12 ) ( -19 )       EIC 970 ( 133 ) ( -10 )       EKBL 277 ( 2,978 ) ( 3 )       FMDBL 716 ( 450 ) ( -16 )       GABL 157 ( 27 ) ( 10 )       GBBL 337 ( 610 ) ( 0 )       GBIME 468 ( 12,949 ) ( -4 )       GBIMEP 228 ( 8,022 ) ( -4 )       GDBL 321 ( 300 ) ( -6 )       GFCL 220 ( 2,198 ) ( -1 )       GLICL 572 ( 2,064 ) ( -23 )       GMFIL 287 ( 20 ) ( 10 )       HAMA 167 ( 1,620 ) ( -6 )       HBDL 119 ( 25,271 ) ( 2 )       HBL 923 ( 759 ) ( 28 )       HDL 631 ( 50 ) ( -7 )       IDBL 200 ( 8,178 ) ( -1 )       INDB 408 ( 138 ) ( 8 )       INDBL 226 ( 1,221 ) ( 1 )       JBBL 222 ( 9,020 ) ( -22 )       JBNL 287 ( 7,859 ) ( 4 )       JFL 408 ( 20 ) ( 8 )       JHBL 390 ( 500 ) ( -5 )       KAFIL 232 ( 1,468 ) ( 3 )       KBBL 388 ( 638 ) ( -13 )       KBL 397 ( 9,278 ) ( 5 )       KCDBL 255 ( 1,660 ) ( -10 )       KDBL 181 ( 4,335 ) ( -10 )       KEBL 587 ( 413 ) ( 4 )       KFL 170 ( 300 ) ( -2 )       KKBL 373 ( 100 ) ( -7 )       KMCDB 1,065 ( 4,154 ) ( 63 )       KRBL 264 ( 2,340 ) ( -40 )       LBL 543 ( 6,881 ) ( 15 )       LFLC 229 ( 474 ) ( -3 )       LFLCPO 123 ( 999 ) ( 0 )       LGIL 390 ( 90 ) ( 1 )       LICN 2,740 ( 1,104 ) ( -99 )       LLBS 960 ( 840 ) ( -7 )       LUBL 380 ( 5,421 ) ( -9 )       MBBL 221 ( 3,349 ) ( 0 )       MBL 575 ( 10,226 ) ( 5 )       MDBL 230 ( 2,831 ) ( -2 )       MFL 336 ( 10 ) ( 6 )       MLBBL 1,036 ( 102 ) ( 40 )       MMDBL 642 ( 133 ) ( 31 )       MNBBL 580 ( 1,376 ) ( 0 )       MPFL 173 ( 630 ) ( -3 )       MTBL 402 ( 97 ) ( -8 )       NABIL 1,960 ( 1,399 ) ( 10 )       NABILP 1,355 ( 5,100 ) ( -15 )       NBB 532 ( 12,198 ) ( -2 )       NBF1 14 ( 12,937 ) ( 0.1 )       NBL 338 ( 14,262 ) ( -3 )       NCCB 624 ( 1,280 ) ( -10 )       NCDB 265 ( 313 ) ( 20 )       NCM 212 ( 405 ) ( 4 )       NGBL 329 ( 5,873 ) ( 0 )       NHPC 123 ( 28,270 ) ( 3 )       NIB 731 ( 3,398 ) ( 0 )       NIBPO 495 ( 894 ) ( 1 )       NIBSF1 10 ( 1,000 ) ( -0.2 )       NICA 670 ( 3,760 ) ( 7 )       NICL 415 ( 300 ) ( 0 )       NLBBL 1,215 ( 85 ) ( -10 )       NLG 693 ( 13 ) ( 13 )       NLIC 4,825 ( 2,980 ) ( 80 )       NLICL 2,460 ( 5,766 ) ( -16 )       NLICP 1,683 ( 1,000 ) ( 33 )       NMBSF1 10 ( 7,610 ) ( 0.1 )       NNFC 290 ( 1,155 ) ( 15 )       NNLB 1,120 ( 299 ) ( 7 )       NTC 635 ( 990 ) ( 1 )       NUBL 1,316 ( 69 ) ( -24 )       OHL 730 ( 5,550 ) ( 17 )       PADBL 445 ( 32 ) ( -9 )       PCBL 460 ( 3,315 ) ( 0 )       PFCLL 135 ( 6,252 ) ( 13 )       PIC 1,040 ( 5,577 ) ( 102 )       PICL 440 ( 2,045 ) ( 0 )       PLIC 1,141 ( 2,475 ) ( 76 )       PRDBL 187 ( 50 ) ( -3 )       PRVU 349 ( 42,694 ) ( -2 )       PRVUPO 124 ( 70,386 ) ( 10 )       RBSPO 4,155 ( 225 ) ( -80 )       REDBL 238 ( 318 ) ( 2 )       RHPC 478 ( 911 ) ( 13 )       RLFL 159 ( 2,940 ) ( 0 )       RMDC 732 ( 4,330 ) ( -3 )       SADBL 400 ( 450 ) ( 0 )       SANIMA 561 ( 9,559 ) ( 4 )       SBBLJ 426 ( 74 ) ( 8 )       SBI 945 ( 545 ) ( 0 )       SBL 700 ( 4,149 ) ( 9 )       SCB 2,019 ( 1,236 ) ( 5 )       SDBL 226 ( 11,040 ) ( -9 )       SEOS 10 ( 4,100 ) ( 0.1 )       SEWA 303 ( 1,853 ) ( 2 )       SHBL 1,225 ( 563 ) ( 50 )       SHINE 370 ( 1,134 ) ( 7 )       SHL 480 ( 1,600 ) ( -15 )       SHPC 751 ( 3,102 ) ( 3 )       SIC 1,120 ( 298 ) ( -12 )       SICL 750 ( 328 ) ( -11 )       SIGS1 16 ( 3,500 ) ( 0.2 )       SIL 742 ( 551 ) ( 5 )       SINDU 248 ( 510 ) ( -1 )       SKBBL 1,580 ( 2,388 ) ( 4 )       SLBBL 2,586 ( 26 ) ( -52 )       SLICL 632 ( 11,499 ) ( -4 )       SMFDB 1,641 ( 303 ) ( 0 )       SRBL 406 ( 3,172 ) ( -1 )       STC 235 ( 1,420 ) ( 11 )       SUPRME 175 ( 5,477 ) ( 3 )       SWBBL 1,650 ( 127 ) ( -6 )       SYFL 105 ( 8,463 ) ( 1 )       TDBL 242 ( 2,670 ) ( -5 )       TRH 283 ( 440 ) ( -3 )       UFIL 161 ( 10 ) ( 2 )       UFL 241 ( 138 ) ( 4 )       UIC 1,000 ( 2,535 ) ( 12 )       VBBL 165 ( 2,490 ) ( -1 )       WDBL 338 ( 220 ) ( -2 )       YETI 133 ( 11,054 ) ( 2 )   
Headlines
Accident of Turkish plane due to wrong information by air traffic control
NPC sets budget ceiling
Security agencies in petroleum distribution
Landslides ‘block’ Karnali
NEA loses Rs 1.25b while importing electricity

Encouragement for small/medium projects

Energy crisis has lost its novelty now and has become a part of our life. Having to collect drinking water after waiting for hours, cross rivers riskily on a tube or by hanging on a tuin (rope bridge) to go to school or other works and other hardships have become part of Nepali lifestyle even as other countries have taken a huge leap in development. The government data claims that electricity has already reached to 60 percent of the population, and looking at the poles and wires strung for distribution of electricity may justify that claim. But the reality is opposite with 60 percent of the population deprived of electricity. The difficult geographical terrain and scattered settlements make taking electricity to every settlement virtually impossible. The government data claims that just 23 percent of the people are below the poverty line but the recently updated data of the United Nations Conference on Trade and Development (UNCTAD) shows that 39 percent of Nepalis are below the poverty line as per international standards. Being below the poverty line means inability to spend for basic minimum living standard. The fact that one needs citizenship certificate and land ownership certificate to get connected to the government distribution system means a large number of land-less population does not get electricity connection. This has raised questions about credibility of the government data on access to electricity.

Access to electricity does not merely mean getting connection and holding a bulb, but multi-dimensional use of electricity. Many consumers still are forced to use electricity only for light. A huge amount is going abroad in import of liquefied petroleum gas (LPG) even though using electricity for cooking is a cheaper option due to lack of regular supply and interest of the consumers to substitute LPG with electricity. Similarly, electricity can be used to power trains, metro, monorail, trolleys and other means of transportation but the possibility has been limited merely to science books in Nepal. Such pathetic is the state of Nepal Electricity Authority (NEA)—responsible for generation, transmission and distribution of electricity—that it has not been able to even provide sufficient electricity for lighting purpose far from powering industries. The country has to face power cuts for over 12 hours a day during the dry season due to the huge disparity between demand and generation of electricity. The NEA issues load-shedding schedule to inform the consumers, but it cuts supply even when there should not be power cuts from time to time leading to damage of electrical/electronic appliances. Service-providers like the NEA and the Nepal Telecom (NT) do not even fulfill the formality of apologizing for obstruction of services without prior information due to lack of a legal provision in Nepal to sue for losses incurred due to substandard and irregular service, and get compensation.

The measures to address energy crisis include construction of enough hydropower projects, maximizing use of solar energy at public places and government offices, and connecting additional electricity generated by big corporate houses, shopping malls and industries to the national transmission line. Construction of big hydropower projects need big investment and is not possible through efforts of Nepali investors alone. We should, therefore, also try to construct small and medium projects, and many Nepali investors have invested on construction of such small and medium projects in recent years. But these projects have been facing uncertainty in lack of timely power purchase agreement (PPA).

The government is preparing a policy to sign PPA at a single flat rate for projects with installed capacity of up to 100 MW after the government made some policy arrangements in the budget for the current fiscal year to promote construction of small and medium projects. Flexibility should be maintained to ensure that the PPA rate can be reviewed on the basis of the prevailing cost of constructing projects and rate of inflation while determining the rate in such a manner. It is also necessary to hold adequate discussions with the investors concerned before bringing such policies of long-term significance. 

Comments

Epaper

Market’s Data

Index Current Points Change % of +-
NEPSE 983.49 2.07 0.21%
Sensitive 208.62 0.59 0.28%
Float 68.67 0.2 0.29%
Sen. Float 56.80 0.24 0.42%
Banking 856.68 3.76 0.44%
Hotels 196.93 1.23 0.63%
Dev.Bank 2,069.23 -42.43 -95.5%
HydroPower 825.65 -2.55 -0.31%
Finance 2,244.99 -4.24 -67.95%
Insurance 540.10 5.64 1.06%
Manu & Pro 4,324.45 9.03 -179.52%
Others 1,441.18 -1.63 -61.98%
Total Traded Amount Rs: 747.19 1.17 0.16%
Total Traded Shares: 258,585,220
Total Transactions: 607,027
Currency Unit Purchase Sale
Indian Rupee
100
160
160.15
US Dollar
1
98.76
99.36
AUS Dollar
1
77.09
77.55
EURO
1
110.31
110.98
Pound Sterling
1
151.77
152.69
Japani Yen
10
8.24
8.29
Chinese Yuyan
1
15.74
15.84
Singapore Dollar
1
72.39
72.83
Hongkong Dollar 1 12.74 -
HALLMARK GOLD 51600/per tola
TEJABI GOLD 51350/per tola
SILVER 695/per tola
Petrol(MS)
NRs 109.00/L
Diesel(HSD)
NRs 86.50/L
Kerosene(SKO)
NRs 86.50/L
Aviation Turbine Fuel
NRs 133.00/L(Duty Paid)
Aviation Turbine Fuel(Jet A-1)
USD 1400.00/KL(Bonded)
LP Gas NRs 1470.00/cyl

Seven expectations from 2070

Nepal is gradually corroding in political, economic, social sectors. Every year comes with new energy and vigor but ends with disappointing and failure.

Opinion

Security agencies in petroleum distribution

Petroleum scarcity has become the norm rather than exception in recent times. Consumers consider themselves lucky to get diesel/petrol without waiting in queue and cooking gas in a few days after a cylinder is finished. Opinion

Karobar TV

Archives