Export Association delighted about regular supply of power

Kathmandu, Apr. 1

The Federation of Nepal Export Association (FNEA) has expressed its happiness, stating that there is regular electricity supply to the industrial sector.

The Nepal Electricity Authority (NEA) has recently started providing regular electricity supply to industrial areas, much to the delight of the business community.

The Federation thanked the NEA’s Executive Director, Hitendra Dev Shakya, Ministry of Energy, and the government for their efforts in reducing load shedding by importing the necessary amount of electricity from India to resolve the severe problem of load shedding faced by the industrial sector.

“Load shedding in the industrial sector had directly affected productive industries in the past. The industries with membership in the Federation, which are export-oriented, were unable to produce according to their capacity, resulting in a loss of income for industries and a reduction in government revenue, ultimately impacting the overall economy,” read the statement issued by the FNEA.

According to it, export-oriented industries which have been continuously striving to promote indigenous labour and skill-based raw materials and products, market them internationally, and make them competitive to contribute to a self-reliant economy have been suffering from severe problems of insecurity and uncertainty due to daily load-shedding of up to 12 hours.

In recent days, the NEA has started regular supply of electricity to industrial areas by importing additional electricity from India.

The Federation also expressed its hopes that industrial areas will have access to continuous 24-hour electricity.

“We have been contributing to promote domestic raw materials and products, import substitution, employment generation, development and expansion of new entrepreneurs and enterprises, and building a self-reliant economy,” it read.

However, the FNEA also expressed its concern that the government has been withholding cash incentives for exports for a long time and urged the latter to release the incentive payments promptly.

Published in The Rising Nepal daily on 2 April 2025.