More on Nepal

Local elections in Nepal: A make or break for the ruling alliance ahead of general elections

For both Dueba and Dahal, the local elections may give a sense of how their cadre, supporters, and general public judge the performance of the government and the unlikely ruling coalition

Nepal invites bids from Indian companies for sale of surplus electricity

With the commencement of the Upper Tamakoshi hydropower project (456MW) last year, Nepal is expected to have around 600MW-800MW of surplus electricity this year. And, this will grow in the coming years as many small hydro projects are nearing completion

Nepal seeks $400 million in loan from India for 400 kV transmission line; sees potential in sub-regional energy trade

The World Bank has estimated Nepal’s hydropower potential around 20,000 MW. So aligning its energy policy closely with the BBIN (Bangladesh, Bhutan, India, Nepal) sub-regional vision will provide it with the much-needed potential for the export of this surplus energy to larger power consumers like India and Bangladesh

Women short-changed in Nepal local body elections

Nepal, among the newest countries adopting parliamentary democracy, has laws requiring political parties to ensure a certain share of women among their candidates for local elections. However, most political parties have exploited a loophole in the country’s Local Level Election Act 2017 to undermine their representation

After MCC, US to provide $659 million to Nepal under USAID amid growing rivalry with China

While the US’ renewed interest in Nepal, a traditional battlefield of influence between India and China, is evident from the MCC agreement and increased bilateral engagements and assistance offers, Nepal may struggle to satisfy the security concerns of a newly assertive China

Amid depleting forex, Nepal urges non-resident Nepalese to open dollar accounts

From the $800 million in surplus in February last year, the balance of payment recorded a deficit of $2.03 billion in the first seven months of this fiscal [Between July to February].

Nepal restricts imports of luxury goods to check depleting foreign exchange reserves

From the $800 million in surplus, the balance of payment recorded a deficit of $2.03 billion in the same period this year

India permits Nepal to export 325MW power in its energy market; major energy cooperation in the offing

Once known as a power-starved country, Nepal became a power surplus state last year during the winter months, with its production capacity touching 2000 MW after the commencement of the Upper Tamakoshi hydropower project (456MW)

Nepal’s tourism industry almost matches the pre-pandemic level, recording highest visitors in March

In 2020, just weeks before the pandemic, the government had launched the ambitious target of 2 million tourists. The plan was doomed as international travel came to a halt

Nepal to excavate sites in search of people gone missing during Maoist insurgency

Excavation will take place under the supervision of international forensic experts provided by the International Committee for the Red Cross

Nepal's Prime Minister Sher Bahadur Deuba likely to visit India early April

The visit is considered significant as there appear signs that the two countries are ready to make some course corrections in their approach to each other as bilateral cooperation suffered in the wake of the boundary row

Nepali parliament to discuss impeachment motion to remove tainted chief justice

Nepali lawmakers are set to discuss the impeachment motion in Parliament against Justice Cholendra Shamsher Rana, the suspended chief justice of the apex court, who has been facing serious charges of “corruption” and “making money through illegal means”

Nepal seeks Indian assistance to evacuate its nationals from Ukraine

Nepal has sought assistance from India to evacuate its trapped nationals from Ukraine as New Delhi pulls out all stops, launching Operation Ganga, an ambitious rescue operation to evacuate over 20,000 Indians, mostly students, from the war-hit country

Nepal signs deal with India for fertilizer procurement; deal to boost bilateral economic cooperation

In a major relief to Nepal's agriculture sector, the government has signed a memorandum of understanding with India, ensuring the constant supply of chemical fertilizers for the next five years

Nepal Parliament approves contentious US-aid project to boost power and road infrastructure; Left parties wary

After some governmental dithering and political shadow-boxing, Nepal Parliament has approved the Millennium Challenge Corporation (MCC)-Nepal Compact, a controversial $500 million grant agreement that will improve the country’s power transmission and road infrastructure, amid protests by a section of China-leaning left political parties

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