Money

NEA reduces losses by 88pc to Rs970m

The Nepal Electricity Authority (NEA) has been able to reduce its losses radically by controlling power leakage and hiking the tariff. The state-owned power utility posted a net loss of Rs970 million in the last fiscal year, a whopping 88 percent drop from the previous fiscal year’s Rs8 billion. NEA reduces losses by 88pc to Rs970m
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Bibek Subedi
Published at : July 31, 2017
Updated at : July 31, 2017 09:08
Kathmandu


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