No ads found for this position

Four industries clear first installment of premium electricity dues

The total dues have been divided into 28 installments, of which the first has now been settled.

No ads found for this position

KATHMANDU: Four industries operating in Rupandehi that had been consuming electricity through dedicated and trunk lines have paid the first installment of their outstanding premium charges to the Nepal Electricity Authority (NEA) on Monday.

According to NEA Executive Director Manoj Silwal, the industries — Panchakanya Plastic Industry, Panchakanya Steel Industries, Siddhartha Petplant, and Shyam Plastic — have cleared the first installment of their dues. Following the payment, the previously disconnected power lines of these industries have been reconnected.

The dues pertain to premium charges for the use of dedicated and trunk lines from mid-January 2016 to mid-April 2018.

As per NEA, Panchakanya Plastic owed Rs 2.46 million, Panchakanya Steel Rs 5.21 million, Siddhartha Petplant Rs 18.3 million, and Shyam Plastic Rs 4.91 million.

The total dues have been divided into 28 installments, of which the first has now been settled.