Showing posts with label SAFA. Show all posts
Showing posts with label SAFA. Show all posts

Thursday, September 12, 2019

NEA to install 50 electric vehicle charging stations

Nepal Electricity Authority (NEA) is planning to install 50 charging stations for electric vehicles (EVs) across the country within a year-and-a-half as the country is witnessing a rising number of electric vehicles.
The demand for electric vehicles has doubled in the past year, according to automobile dealers, who claimed that electric vehicles have captivated public attention with growing number of people interested in buying such automobiles. “But due to lack of charging stations, people are hesitant to buy the electric vehicle.”
There are four private charging stations, two of them are in the Kathmandu valley and are designed especially to charge electric buses, whereas the remaining two are in Kurintar of Chitwan and Nagarkot of Bhaktapur. The charging stations outside Kathmandu Valley can charge cars only. The cost of charging electric vehicles is currently Rs 7 to Rs 8 per unit.
There are more than 41,400 electric vehicles across the country, the automobile dealers claimed, adding that there are 35,000 two-wheelers, 5,000 three-wheelers, more than 650 cars, 750 safa tempos and four buses. “The number of electric vehicles is likely to go up in the days to come because of tax exemption by the government.”
The government has introduced policies – like exemption of road tax and also less customs duty compared to the vehicles operating on fossil fuel – to promote electric vehicles as it is environment-friendly.
The NEA is looking for places, where it can set up charging stations without having to pay any rent. “The NEA is planning to operate charging stations in free places like government offices, parking areas of public schools and other public places. “The NEA is soon issuing a call for tender for setting up charging stations,” the NEA informed, adding that charging stations will be operational within a-year-and-a- half. “The increasing use of electric vehicles in Nepal is not only expected to help control air pollution but will also improve the country's GDP as Nepal has a huge potential to generate hydro-electricity.”

Thursday, December 8, 2011

SAFA Award for Nepali corporate houses

Credit Information Bureau (CIB) bagged the second runner-up award in Best Presented Accounts (BPA) amongst the public sector in the South Asia Federation of Accountants (SAFA) Awards in Dhaka on November 29.
Similarly, Nabil Bank, Standard Chartered Bank Nepal, NIC Bank were awarded with Certificate of Merit under the Banking Sector, while Ace Development Bank and Butwal Power Company were also awarded Certificate of Merit under Financial Service Sector and Manufacturing Sector respectively.
Among the various corporate houses that were awarded with Best Presented Accounts (BPA) in the event held at Dhaka, Bangladesh on November 29 organised by South Asia Federation of Accountants (SAFA), an apex body of SAARC, Nabil Bank was the winner of BPA Award in Nepal with Standard Chartered Bank Nepal as first runner up and NIC Bank as second runner up under Banking Sector Category.
It is not only a satisfying achievement but also substantiates accounting and disclosure practices followed in Nepal and they are in line with international standards, according to the winners.
Similarly, Ace Development Bank, Butwal Power Company and Credit Information Centre were the winner of BPA Award in Nepal in financial service sector, manufacturing sector and public sector entities, respectively.
The president of the Institute of Chartered Accountants of Nepal (ICAN) Sudarshan Raj Pandey expressed happiness with the result of Nepal where more numbers of corporate were awarded with coveted awards.
"Domestic corporate sector has made Nepal proud,” Pandey added.