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Posts tagged as “electricity”

Nepal and India to ink long-term energy deal early next week

By Anil Giri in The Kathmandu Post, June 13, 2023Senior Nepali and Indian officials are set to sign the final agreement on a long-term energy deal next week. During the recent India visit of Prime Minister Pushpa Kamal Dahal, the sides had agreed in principle that India would import 10,000 megawatts of electricity from Nepal in the next 10 years. An initial agreement was signed between Nepal and India at the energy secretary-level on June…

Nepal, Bangladesh agree to pursue India deal to start power trade from this wet season:

By Prithvi Man Shrestha in The Kathmandu Post, May 17, 2023Nepal and Bangladesh have agreed to make efforts to start trading of power from the upcoming wet season (June-November) with the export of 40–50MW electricity from Nepal, according to a member of the Nepali delegation to the bilateral talks held in Patuakhali, Bangladesh. During the fifth meeting of the secretary-level Joint Steering Committee on energy cooperation between Nepal and Bangladesh on Tuesday, the two sides…

Tax hikes: Day of strikes as Govt.-TUs’ talks fail

by Sahan Tennekoon in The Morning, Mar 15, 2023Trade unions (TUs) affiliated with many crucial sectors including health, ports, electricity, banking, railways, ports, education and higher-education have decided to support the islandwide strike which is to be launched from today (15), The Daily Morning learned. Following talks held on Monday (13) between the governmental authorities and the collective of trade unions representing professionals, the latter, which are engaged in various trade union actions against the…

More unions to decide on longer strike today

by Buddhika Samaraweera in The Morning, Mar 3, 2023Against the backdrop of several trade unions (TUs) of the health sector and the Ceylon Electricity Board (CEB) having already decided to launch a continuous strike from next week demanding the withdrawal of the Government’s new tax policies, several other trade unions are to make a final decision regarding their course of action against the same at a discussion to be held today (3). Speaking to The…

Massive tax protests in Colombo

by Buddhika Samaraweera and Buwanajee Coralage in The Morning, Feb 9 , 2023Warning of a series of actions against the newly introduced tax revisions, thousands of public servants representing several trade unions (TU) of many sectors, including petroleum, ports, water supply, electricity, health and education held a massive demonstration jointly in Colombo yesterday (8), while separate trade union actions, including strikes, were also launched urging the Government to revoke the tax revisions in question. Several…

Nepal and Bangladesh lobby India for corridor to trade electricity

by Prithvi Man Shrestha in The Kathmandu Post, Jan 12, 2023The Nepal Electricity Authority (NEA) says it has sought approval from the Indian authorities to export 40-50 MW of electricity to Bangladesh through India’s existing transmission infrastructure, in line with an agreement reached between Nepal and Bangladesh in August. The two countries in August last year had decided to request the southern neighbour to allow export of 40-50MW of electricity from Nepal to Bangladesh in…

Govt. freezes recruitment in fresh austerity drive

report in Ths Island, Jan 8, 2023Sri Lanka began a fresh austerity drive Monday, freezing Government recruitment as new taxes and higher electricity prices kicked in with authorities trying to secure an IMF bailout. The Indian Ocean island nation needs to achieve debt sustainability as a precondition to a $ 2.9 billion bailout from the Washington-based lender after it defaulted in April as its economy went into crisis.The IMF has also asked Colombo to trim…