Kathmandu,Nepal
The Energy Ministry is set to form a new commission to fix electricity tariff, officials said. The new commission will replace a similar body formed in 1994 under the Electricity Tariff Fixation Rules. “The new committee will be formed within a month,” said a source.
The existing panel, which last recommended a 100 per cent hike in 2001, had a tiff with then Energy Minister Prakash Sharan Mahat, a member of the Madhav Kumar Nepal Cabinet, after it stood against a tariff hike that the minister had proposed. Restructuring of Nepal Electricity Authority is the precondition to any hike, the seven-member panel under former water resources secretary Mahendra Nath Aryal had said.
The government’s intentions to do away with the old commission became evident as the Jhala Nath Khanal government presented a special document at the Parliament on March 23, which declared a power crisis in the country and pledged to dissolve the tariff commission.
The existing panel, which last recommended a 100 per cent hike in 2001, had a tiff with then Energy Minister Prakash Sharan Mahat, a member of the Madhav Kumar Nepal Cabinet, after it stood against a tariff hike that the minister had proposed. Restructuring of Nepal Electricity Authority is the precondition to any hike, the seven-member panel under former water resources secretary Mahendra Nath Aryal had said.
The government’s intentions to do away with the old commission became evident as the Jhala Nath Khanal government presented a special document at the Parliament on March 23, which declared a power crisis in the country and pledged to dissolve the tariff commission.