Sun, Sep 27, 2026
Incessant rainfall, storms, floods, and landslides have severely impacted electricity transmission and distribution networks across various parts of the country, disrupting power supplies and halting production at multiple hydropower projects.
The Secretariat of Finance Minister Swarnim Wagle has officially clarified that no consensus has been reached to withdraw the Value Added Tax (VAT) exemption on electricity tariffs.
Nepal’s insurance sector faces a massive payout as preliminary disaster claims crossed Rs. 25.87 billion following devastating flooding along the Bhotekoshi River and surrounding areas.
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