NEA cuts power to 26 major industries, move threatens over 40,000 jobs
Summary
The Nepal Electricity Authority has disconnected power to 26 major industries over unpaid dues, risking over 40,000 jobs and economic losses amid disputes over billing.
Key Points
- Nepal Electricity Authority cut electricity to 26 major industries due to unpaid dues amounting to Rs 5.48 billion.
- The power cuts began on October 21 after industries missed the payment deadline of October 19.
- Affected industries consume about 250 megawatts daily, generating Rs 60 million in revenue now lost.
- The Federation of Nepalese Chambers of Commerce and Industry urges government intervention to resolve the dispute and prevent job losses.