CEDB Hydro Fund Ltd to float 1:0.45 right shares from Ashoj 10

CEDB Hydro Fund Limited, a sister concern of Clean Energy Development Bank, has decided to float 1:0.45 right shares to the shareholders from Ashoj 10.

Butwal Power Company (BPC) proposes increment in electricity tariff.

Butwal Power Company has sent a proposal to the Tariff Fixation Commission seeking its approval for increasing electricity tariff in five districts in the western region where the company has been supplying electricity through its own power transmission lines.

Nepal Electricity Authority (NEA) has already proposed a 20 percent increment in the electricity tariff.

BPC has been distributing electricity in western districts of Pyuthan, Arghakhanchi, Rolpa, Syangja and Palpa directly from its transmission lines and has been selling the surplus electricity to the NEA.