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Nepal Powering Bangladesh via India

This historic occasion marks the first trilateral power transaction which has been carried out through the Indian grid….reports Asian Lite News

Union Minister for Power, Manohar Lal on Friday jointly inaugurated the flow of power from Nepal to Bangladesh through the Indian grid along with Md. Fouzul Kabir Khan, Advisor, Ministry of Power, Bangladesh and Dipak Khadka, Nepal’s Minister of Energy, in a virtual event hosted by Nepal’s Ministry of Energy, Water Resources and Irrigation.

This historic occasion marks the first trilateral power transaction which has been carried out through the Indian grid. The start of this power flow from Nepal to Bangladesh through India is expected to boost sub-regional connectivity in the power sector, according to an official statement.

“Nepal’s power will now reach Bangladesh via the Indian grid, marking the first trilateral power transaction,” the Ministry of External Affairs (MEA) posted on X.

“This landmark development strengthens sub-regional connectivity and sets a new benchmark in the South Asian power sector,” it added.

The Government of India had announced its decision to facilitate the first trilateral power transaction from Nepal to Bangladesh, through Indian grid with an export of up to 40 MW of power during the visit of the former Prime Minister of Nepal, Pushpa Kamal Dahal ‘Prachanda’ to India from May 31 to June 3, last year.

During the visit, both sides had expressed their commitment towards greater sub-regional cooperation, including in the energy sector, which would lead to increased inter-linkages between the economies for mutual benefit of all stakeholders.

Subsequently, a tripartite power sales agreement between NTPC Vidyut Vyapar Nigam, Nepal Electricity Authority and Bangladesh Power Development Board was signed in Kathmandu, last month.

As per the Nepal Electricity Authority (NEA) officials, the rate per unit of electricity has been fixed at 6.4 cent. Nepal is expected to make an annual income of around $9.2 million from the export of electricity to Bangladesh via the Dhalkebar-Muzaffarpur 400 kV transmission line, with the metering point in Muzaffarpur.

In December last year, Bangladesh’s Cabinet Economic Affairs Committee had approved the import of 40 megawatts of electricity from Nepal. The pact was earlier scheduled to be signed in July but was postponed due to political turmoil and a change of government in Bangladesh.

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Indian Army chief due in Nepal for a 5 day official visit 

During his visit, General Dwivedi will pay homage at the martyrs’ memorial in the Army Pavilion and receive a ceremonial Guard of Honour at the Nepali Army Headquarters…reports Asian Lite News

General Upendra Dwivedi, Chief of the Army Staff, Indian Army is scheduled to visit Nepal from November 20 to November 24, upon the invitation of General Ashok Raj Sigdel, Chief of the Army Staff, Nepali Army. 

During his visit, General Dwivedi will pay homage at the martyrs’ memorial in the Army Pavilion and receive a ceremonial Guard of Honour at the Nepali Army Headquarters. 

He will engage in an official meeting with General Sigdel from the Nepali Army. 

General Dwivedi will also interact with the student officers at the Army Command and Staff College in Shivapuri and visit to Western Divisional Headquarter in Pokhara, Nepal. 

A key highlight of the visit will be the conferral of an honorary rank of General of the Nepali Army upon General Dwivedi by the President of Nepal. 

Additionally, he will also meet the Prime Minister and the Defense Minister of Nepal. 

Nepal shares border with 5 Indian states of Sikkim, West Bengal, Bihar, Uttar Pradesh and Uttarakhand. 

The age old civilizational and cultural ties that exist between India and Nepal are exemplified by the strong people to people link between both the countries. 

Nepal is a priority partner of India under its ‘Neighbourhood First’ Policy. 

These bonds of friendship are also strengthened by regular exchanges at high level between India and Nepal. These frequent high level visits and exchanges have added momentum to the bilateral partnerships, and helped the leadership to review at regular intervals the entire gamut of the relation. 

India and Nepal have a long standing and extensive mutually beneficial cooperation in the field of defence and security. Both armies share excellent and harmonious relationship based on mutual trust and respect. India and Nepal also have the long-standing tradition of awarding Honorary rank of General to each other’s’ Army Chief. 

The strong relations between both the armies have been further cemented via the Gurkha Regiment. Currently, over 30,000 Gurkha soldiers from Nepal are serving in the Indian Army. In addition to the Military Pension Branch in Kathmandu, Pension Paying offices also functioning in Dharan and Pokhara, along with the District Soldier Boards, which helps in effective disbursal of pensions and in organizing various welfare program including re-training, re-rehabilitating and assisting ex-Gurkha soldiers and their families. (ANI) 

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Nepal’s foreign investment commitments reach NPR 16.4b

This figure includes a notable NPR 3.45 billion in pledges made during September alone…reports Asian Lite News


Nepal has witnessed a significant surge in foreign investment commitments, totalling NPR 16.4 billion in the first quarter of the current fiscal year, which runs from September to October.
According to the Department of Industry, this figure includes a notable NPR 3.45 billion in pledges made during September alone, the Kathmandu Post reported.
Among these commitments, NPR 150 million was pledged for 21 industries through the automatic approval route, a system implemented following the Third Nepal Investment Summit held in April. This streamlined process aims to encourage foreign investors by reducing bureaucratic hurdles. An additional NPR 3.3 billion in pledges was secured through the approval route for 34 industries.
The tourism sector emerged as a leading recipient of foreign investment, capturing 64 per cent of the total commitments. This was followed by the services sector at 24 per cent, manufacturing at 7 per cent, agriculture at 4 per cent, and information technology at 1 per cent, reported the Kathmandu Post.
The diverse distribution of investment highlights the growing confidence in Nepal’s potential across multiple sectors.
In comparison to the previous fiscal year, when foreign investment commitments reached NPR 61.90 billion, the current pace of investment is promising. However, it is important to note that the actual net foreign investment in the last fiscal year amounted to only NPR 8.40 billion, as per data from Nepal Rastra Bank.
This disparity raises questions about the effective realisation of investment pledges into tangible economic growth, the Kathmandu Post reported.
The encouraging investment landscape reflects a renewed optimism in Nepal’s economic prospects, signalling potential advancements in various industries as the government continues to enhance its investment climate. (ANI)

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Indian Embassy in Nepal organises ‘Mahotsav’

The post also included photos of the bands performing in the event with audiences in the lawn inside the Embassy premises enjoying the evening….reports Asian Lite News

The Indian Embassy in Kathmandu organised a ‘Mahotsav’ in its premises to celebrate the shared cultural heritage between Nepal and India.

The Friday evening ‘Mahotsav’ featured cultural performances by Nepali bands, showcasing ethnic, folk, fusion, & contemporary music, the Indian Embassy said in a post on X.

The post read, “@IndiaInNepal celebrated shared cultural heritage of India and Nepal on the occasion of Dashain (Dussehra), Tihar (Diwali), and Chhath. The evening featured cultural performances by Nepali bands Sur Saptak and Kanta dAb dAb, showcasing ethnic, folk, fusion, & contemporary music that captivated the audience.”

The post also included photos of the bands performing in the event with audiences in the lawn inside the Embassy premises enjoying the evening.

“Distinguished guests from different walks of life in Nepal, including from the fields of art and culture, joined the festive occasion partaking the traditional delicacies of Nepal and India, and enjoying a swing on the ‘ping’,” the post further stated.

Dashain (Dussehra or Vijay Dashami in India) was celebrated from October 3 to October 16 in Nepal. It is the longest Hindu festival, traditionally celebrated for two weeks with prayers and offerings to Goddess Durga. The great harvest festival of Nepal, Dashain is a time for family reunions, exchange of gifts and blessings, and elaborate pujas. Dashain honors the Goddess Durga, who was created out of the ‘shakti’ or energy of all the gods, armed with weapons from each of them.

Diwali, the five-day festival of lights, known as Tihar in Nepal honours Yama, the God of Death, while the worship of Laxmi, the Goddess of Wealth dominates the festivities. Tihar will be celebrated in Nepal from October 30 to November 3.

‘Chhath Puja’ is a Hindu festival dedicated to the Sun that is celebrated in several Indian states and even outside the country. The festival will be celebrated this year from November 5 to 8.(ANI)

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870 climbers allowed to scale 37 peaks in Nepal

Of the climbers, 73 are from the United States, with 72 and 69 from China and France, respectively…reports Asian Lite News

Nepal had issued 870 permits for climbers to scale 37 mountains in the country during the fall climbing season.

The Department of Tourism on Wednesday allowed 668 males and 202 females from 70 countries and regions to climb the peaks, including Mount Dhaulagiri (8,167 metres) and Mount Manaslu (8,163 metres), the world’s seventh and eighth highest.

Of the climbers, 73 are from the United States, with 72 and 69 from China and France, respectively, according to Xinhua news agency.

“We still have more than a month for this season. We’re expecting to cross last year’s number,” said Rakesh Gurung, director of the tourism department.

About 1,300 permits were issued by the agency during the fall climbing season in 2023.

The fall climbing season in Nepal starts in September and runs until November.

Indian climber rescued

The Russian Emergencies Ministry earlier this week said that it has successfully rescued a climber from India, who fell ill while attempting a solo ascent of Mount Elbrus.

The climber, a 32-year-old man, encountered difficulties at a challenging altitude of 5200 metres and had not registered his route before the climb, the ministry revealed.

The rescue operation, coordinated by the Elbrus High-Mountain Search and Rescue Team of the Russian Emergencies Ministry, involved five skilled personnel who were swiftly dispatched to the site after receiving a distress call.

The team worked under difficult conditions, carefully evacuating the climber to safety. He was transported to a mountaineering camp, where he is now receiving medical attention and recovering.

The Ministry has reiterated the importance of proper route registration and climbing in groups, especially in such high-altitude environments.

Mount Elbrus, the highest peak in Europe, is a popular destination for climbers worldwide, but its severe weather conditions and challenging terrain demand careful planning and professional support.

The incident, said the Russian ministry, underscores the crucial role it plays in safeguarding lives, particularly in remote and hazardous regions like the Caucasus Mountains.

“The swift and efficient response of the Russian Emergencies Ministry highlights their expertise and commitment to protecting both locals and international visitors in the country’s most extreme environments,” the ministry said in a statement.

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Nepal PM Oli condoles Ratan Tata’s demise

Ratan Tata, Chairman Emeritus, Tata Sons, passed away on Wednesday at Breach Candy Hospital in Mumbai…reports Asian Lite News

Nepal Prime Minister KP Sharma Oli expressed sadness over the demise of veteran industrialist Ratan Tata. Oli said that Ratan Tata’s legacy and positive impact on society will be cherished.

He stated that Ratan Tata’s leadership in business and philanthropy touched a vast number of lives, reaching far beyond India.

Ratan Tata, Chairman Emeritus, Tata Sons, passed away on Wednesday at Breach Candy Hospital in Mumbai.

In a post on X, Oli stated, “Deeply saddened by the passing of Ratan Tata, a true titan of industry. His visionary leadership in business as well as philanthropy touched a vast number of lives, reaching far beyond India. His legacy and the positive impact on society will be cherished.”

Union Home Minister Amit Shah will attend the last rituals of the veteran industrialist on behalf of the Government of India.

Maharashtra Chief Minister Eknath Shinde said on Wednesday night that the last rites will be performed with full state honours.

According to an official statement from Maharashtra Chief Minister’s Office, the state government has declared one day of mourning in respect of Ratan Tata.

“All government buildings will have the national flag at half-mast and no cultural or entertainment programme of the government will be held today. Ratan Tata’s funeral will be conducted with all state honours,” the Maharashtra CMO said.

The mortal remains of veteran industrialist Ratan Tata will be available for the public on Thursday from 10:30 am at the NCPA Lawns at Nariman Point in Mumbai to pay their last respects. As per a statement from Tata Trust, the mortal remains will be taken on its final journey at 4 pm.

Ratan Tata, born on December 28, 1937, in Mumbai, was the Chairman of Ratan Tata Trust and Dorabji Tata Trust, two of the largest private-sector-promoted philanthropic trusts in India.

He was the Chairman of Tata Sons, the holding company of the Tata Group, from 1991 until his retirement in 2012. Then he was appointed Chairman Emeritus of Tata Sons. He was honoured with the country’s second-highest civilian award, the Padma Vibhushan, in 2008. (ANI)

ALSO READ: India bids tearful adieu to Ratan Tata

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Foreign visitors flock to Nepal in record numbers

In September alone, foreign arrivals stood at 96,305, marking an increase of 5.82 per cent over the same month of last year…reports Asian Lite News

More than 800,000 foreign tourists visited Nepal in the first nine months of this year, up 21 per cent from the same period of last year, the latest figures showed.

Nepal received 835,629 foreign visitors by September this year, as against 692,372 in the previous year, according to figures unveiled by the Nepal Tourism Board.

In September alone, foreign arrivals stood at 96,305, marking an increase of 5.82 per cent over the same month of last year, Xinhua news agency reported.

“This is the highest number of tourists for September,” said Mani Raj Lamichhane, director of the board.

He told Xinhua that Indians accounted for the majority of the foreign visitors, followed by Americans and Chinese.

Nepal received 1,197,191 foreigners in 2019 and it hoped to break the record this year.

Meanwhile, the World Bank on Wednesday projected a growth of 5.1 per cent for Nepal in the current 2024-25 fiscal year starting in mid-July, below the Nepali government’s 6 per cent target.

Growing tourist arrivals, more hydropower generation and expected growth in paddy production shall contribute more to Nepal’s gross domestic product, the bank said in its Nepal Development Update report.

The South Asian country achieved a growth of 3.9 per cent in 2023-24, noted the international financial institution.

The bank is expecting Nepal’s private sector to contribute more to its growth by taking advantage of the central bank’s loosening of monetary policies and easing of regulatory requirements, Xinhua news agency reported.

It has projected Nepal’s economy to grow by 5.5 per cent in the next fiscal year.

In its report released last week, the Asian Development Bank forecast a 4.9-percent growth for Nepal in 2024-25.

“Maintaining growth momentum is key to Nepal’s development,” said David Sislen, the World Bank’s Country Director for the Maldives, Nepal and Sri Lanka.

“This requires continued reform in critical areas such as infrastructure, governance, human capital development and developing an environment which encourages and supports the private sector,” Sislen was quoted as saying in a statement.

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Heavy rainfall predicted across various locations in Nepal

The authority also has alerted people to be cautious before travelling. It also has requested all to take shelter in safer places along the highway in case of heavy rain….reports Asian Lite News

The National Disaster Risk Reduction and Management Authority has issued warnings of possible heavy rainfall across various locations in Bagmati and Koshi urging people to exercise caution while travelling.

Issuing a notice, the authority warned that heavy rainfall is expected till Friday. “After the heavy rainfall since last week of September, land mass in various locations have weakened and light rainfall also can contribute to further destruction resulting in landslide and flash floods,” the authority stated in the notice.

The authority also has alerted people to be cautious before travelling. It also has requested all to take shelter in safer places along the highway in case of heavy rain. The warning comes after the Weather Forecasting Division said that monsoon winds are currently affecting the country.

According to the Division, the weather is presently partly cloudy to mostly clear in the hilly areas of Bagmati and Gandaki provinces, including the Koshi Province, where light rain and lightning have been reported in a few locations.

The Division has reassured the public that there is no need to panic, as continuous rain is not expected on Wednesday and Thursday across various parts of the country.

Meteorologist Govinda Jha said that there is a likelihood of light to moderate rain in some areas of Koshi Province and the hilly regions of Bagmati and Gandaki provinces. He noted that while there is a possibility of heavy rain in certain areas of Koshi, Bagmati, and Gandaki provinces, it will not be continuous like last week.

Although there is some panic in many areas, there is no need for alarm, according to him.

This afternoon, the weather is expected to remain partly cloudy to mostly clear in Koshi, Madhesh, Bagmati, and Gandaki provinces. Light to moderate rain with lightning is possible in some areas of Koshi province, as well as a few locations in Bagmati and Gandaki provinces, and one or two places in the remaining provinces.

Tonight, light to moderate rain with thundershowers is anticipated in some parts of Koshi province, a few areas of Bagmati and Gandaki provinces, and one or two locations in the remaining provinces. Heavy rain is also possible in one or two areas of the Koshi region.

According to the Division’s forecast for the next 24 hours, the weather will remain partly cloudy to mostly clear in Koshi, Madhesh, Bagmati, and Gandaki provinces. During this time, light to moderate rain with thunder and lightning may occur in some areas of Koshi Province, a few locations in Bagmati and Gandaki provinces, and one or two places in the remaining provinces. (ANI)

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Nepal celebrates National, Constitution Day in Oman with vibrant energy

Ambassador Dornath Aryal outlined that Oman and Nepal have been enjoying excellent state of relations based on friendship, mutual trust and understanding ever since the establishment of diplomatic ties in 1977, reports VINOD RAGHAVAN

MUSCAT : IT was a camaraderieship in the air with the spirit and joy flowing, as the  Nepali community members attired in their  traditional dress celebrated their  National Day and Constitution Day on September 17 in Oman’s capital Muscat.

The Embassy of Nepal hosted the reception which was attended by His Excellency Dr. Said bin Mohammed bin Ahmed Al Saqri, Minister of Economy, who was the Guest of Honour.

H.E. lighting the Panas

The government delegation from the Sultanate of Oman comprised of two members each from State Council and A’Shura Council, Head of Asia and Pacific Department and Head of Arab Department of the Foreign Ministry. Other participants in the reception were Heads of Diplomatic Missions, diplomats, media persons, tourism and business entrepreneurs, bloggers, representatives of Nepali community, Embassy staff etc. More than 230 guests took part in the program.

The formal occasion of the reception commenced after Dornath Aryal, Ambassador of Nepal to the Sultanate of Oman lighted the traditional ‘Panas Lamp’. Ambassador Aryal welcomed the guests and highlighted the salient features of the Constitution of Nepal. He elaborated how the constitution of Nepal has paved the way for peace, stability, economic and social progress. He explained that the constitution has institutionalized the values and norms of inclusive democracy and it has guaranteed 33 percent participation of women in every organ of the state.

H.E Ambassador’s Speech

The Ambassador outlined that Oman and Nepal have been enjoying excellent state of relations based on friendship, mutual trust and understanding ever since the establishment of diplomatic ties in 1977. He highlighted the recent 2-day visit of His Excellency Sayyid Badr bin Hamad bin Hamood Albusaidi, Minister of Foreign Affairs of the Sultanate of Oman, to Nepal last month. The 4-day visit of the Foreign Secretary Ms. Sewa Lamsal to Oman from 5 to 9 August to participate in the first meeting of Bilateral Consultations and the visit of a seven-member delegation under the leadership of  H.E. Ambassador Sulaiman Saud Ali Aziz Al Jabri, Head of Legal Department of the Foreign Ministry to Nepal from 01 to 05 August 2024 to discuss on various draft MoUs between Nepal and Oman.

H.E. lighting the Panas

His Excellency the Ambassador explained about the successful completion of the third investment Summit held in April 2024 emphasizing the Government’s priorities to facilitate the foreign Investment in Nepal. He underscored abundant water resources, enormous hydropower potentiality and tourism attractions of Nepal.

He also applauded the strategy of Oman Vision 2040 and extended gratitude to the Government of Oman for providing job opportunity to more than 22,000 Nepalis in various sectors.

Group Photo with the Delegation

A celebration cake was jointly cut by the Guest of Honour and the Ambassador. The Embassy had set up a “Nepali food Corner” serving Nepali dishes including MoMo, and displayed Nepali products, handicrafts and beautiful paintings. A tourism promotional video was displayed during the event.

Bishesh Kumar Sah, Second Secretary/DCM conducted the event and with his depth of knowledge he explained in detail about the Himalayan countries beautiful features for all types of people ranging from picnickers, trekkers, business scope amongst others.

Guests at the Event
Guests of the Event
Nepali Crafts and Paintings
Nepali FOOD CORNER
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Nepal Foreign Minister in India for five-day visit

The Ministry of External Affairs said that the visit continues the tradition of regular high-level India-Nepal bilateral exchanges….reports Asian Lite News

Nepali Foreign Minister Arzu Rana Deuba arrived in New Delhi on Sunday for a five-day official visit to India on the invitation of External Affairs Minister S Jaishankar.

The Ministry of External Affairs said that the visit continues the tradition of regular high-level India-Nepal bilateral exchanges.

In a post on X, the MEA Spokesperson, Randhir Jaiswal said, “Warm welcome to FM @Arzuranadeuba of Nepal as she arrives in New Delhi on an official visit. The visit continues the tradition of regular high-level India-Nepal bilateral exchanges and is a testament to the unique & close relationship between the two countries.”

Before Deuba’s departure, Nepal’s Ministry of Foreign Affairs said, “The Hon. Foreign Minister Dr. Arzu Rana Deuba left for New Delhi today for her official visit to India at the cordial invitation of the Minister of External Affairs of India H.E. Dr. S. Jaishankar. The Hon. FM is scheduled to return home on 22 August 2024. @Arzuranadeuba”

As per a statement by Nepal’s Foreign Ministry, Nepali Foreign Minister will be holding meetings with Jaishankar and will “discuss matters of mutual interest for strengthening Nepal-India relations and promoting cooperation.”

“As part of the regular exchange of high-level visits between Nepal and India, this visit will further consolidate the age-old, deep and multifaceted bilateral relations,” the release stated.

An official from the secretariat of Arzu Rana Deuba confirmed to ANI that she will also be tying “Rakshabandhan” to Vijay Chauthaiwale on Monday.

“The Foreign Minister was set to go India for medical checkup later next week. During the visit of Indian Foreign Secretary earlier this week, invitation for the formal visit of the foreign minister came along. As it coincides with Rakshyabandhan she will also be tying Rakshyabandhan with Dr. Vijay Chauthaiwale,” an official from the Foreign Minister’s secretariat confirmed ANI. (ANI)

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