PM Oli inaugurates Nepal’s first hydrogen car and refueling system

Kathmandu: Prime Minister KP Sharma Oli has inaugurated Nepal’s first hydrogen car and refueling system at Kathmandu University (KU) in Dhulikhel, Kavre. The launch took place on Friday, ahead of KU’s 29th convocation. The hydrogen car, manufactured by Hyundai in Korea, was acquired for USD 33,000 with support from Nepal Oil Corporation. Kathmandu University facilitated… Continue reading PM Oli inaugurates Nepal’s first hydrogen car and refueling system

Dinesh DC appointed Chairman of Film Development Board

Kathmandu: Dinesh Raj Dahal, known as Dinesh DC, has been appointed as the new chairman of the Film Development Board (FDB) Nepal. The decision was made during a Cabinet meeting held at Singh Darbar on Thursday. Dahal was selected from three candidates recommended for the position, including film director Deepa Pandey Basnet and former Nepal… Continue reading Dinesh DC appointed Chairman of Film Development Board

Nepal and US sign major electricity transmission line contract

Kathmandu: The Millennium Challenge Corporation (MCC) Nepal Compact has officially signed a contract for an 18-kilometer cross-border electricity transmission line, a crucial element of the Electricity Transmission Project funded by the US and Nepal governments. The contract, worth USD 12.36 million, was awarded to Transrail Lighting Ltd and involves constructing the line from the 400… Continue reading Nepal and US sign major electricity transmission line contract

PM Oli awards National Women Volleyball Team for league performance

Kathmandu: Prime Minister KP Sharma Oli honored the national women’s volleyball team, including players, coaches, and staff, at a ceremony held today at his official residence in Baluwatar. The awards recognize their achievements in the CAVA Women’s Volleyball National League. During the program, PM Oli distributed prizes to 14 members of the team, including captain… Continue reading PM Oli awards National Women Volleyball Team for league performance

NRB updates foreign exchange rates: dollar and dinar up, euro and pound down

Kathmandu: Nepal Rastra Bank (NRB) has released today’s (Thursday) foreign currency exchange rates. The US Dollar, Australian Dollar, and Kuwaiti Dinar have seen an increase, while the Euro and British Pound have decreased. The US Dollar is priced at Rs 134.03 for buying and Rs 134.63 for selling, up from Rs 133.99 and Rs 134.59… Continue reading NRB updates foreign exchange rates: dollar and dinar up, euro and pound down

NAC faces major disruptions as 3 aircraft grounded

Kathmandu: Nepal Airlines Corporation (NAC) has experienced significant disruptions to its international flights due to the grounding of three aircraft. The issues have persisted for two days, affecting around 800 passengers across destinations including Kathmandu, Hong Kong, Doha, and Dubai. The grounding stems from a hydraulic problem in NAC’s narrow-body aircraft, “Sagarmatha,” leading to flight… Continue reading NAC faces major disruptions as 3 aircraft grounded

Nepal and UK sign MoU for 13.08bn grant aid

Kathmandu: Nepal and the United Kingdom have formalized two separate agreements for grant aid, valued at approximately Rs 13.08 billion, in a ceremony held on Wednesday. The agreements include a Rs 6.5 billion grant for a programme aimed at enhancing resilience, adaptation, and inclusion in Nepal. The initiative, known as the Resilience, Adaptation, and Inclusion… Continue reading Nepal and UK sign MoU for 13.08bn grant aid

Thai Film Festival Nepal 2024 to be held in Kathmandu

Kathmandu: Thai Film Festival Nepal 2024 will take place in Kathmandu from August 30 to September 1. The Thai Embassy in Nepal announced the festival during a press conference held on Monday. The festival is being organized to mark the 65th anniversary of diplomatic relations between Nepal and Thailand. Thai Ambassador Suwaphong Srisook revealed details… Continue reading Thai Film Festival Nepal 2024 to be held in Kathmandu

Nepal sees surge in electricity consumption after end of power cuts

Kathmandu: Since the cessation of power cuts and the restoration of a regular electricity supply, Nepal has experienced a dramatic increase in electricity consumption. According to the Nepal Electricity Authority (NEA), energy consumption has tripled over the past eight years. In the fiscal year 2015/16, the country consumed 3.72 billion units of electricity. By the… Continue reading Nepal sees surge in electricity consumption after end of power cuts