Nepal’s roadmap aims to generate 28,500 MW of electricity by 2035: PM Oli

Nepal Prime Minister K P Sharma Oli on Friday said the government has prepared a roadmap for generating 28,500 MW of electricity by 2035. Nepal currently generates around 2,500 MW of hydro power. Addressing a programme organised by Independent Power Producers’ Association Nepal (IPPAN) to commemorate its silver jubilee in Kathmandu, Oli said there was […]

Read More

Kathmandu-Tarai expressway project achieves 37.6 percent physical progress

The Kathmandu-Tarai expressway project has achieved 37.6 percent physical progress and 39.56 percent financial progress, with a total expenditure of Rs72.41 billion, as reported by the Nepal Army during an on-site inspection by President Ramachandra Paudel on Friday. President Paudel visited the completed tunnels at Lendanda, Dhedre, and Mahadevtar in wards 11 and 12 of […]

Read More

Kazakh Capital to Create Second Industrial Park

The Kazakh capital started implementing the project to create a second industrial park on an area of 409 hectares based on the Astana – New City special economic zone. According to Khalel Akimzhanov, head of Astana’s investment and entrepreneurship development department, industrial park No. 1 is the country’s leader in the production volume, reported Kazinform […]

Read More

Islamic Emirate Announces Special Incentives to Boost Investment, Growth

Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, stated during the “Investment Call in Afghanistan” program that the Islamic Emirate has provided special privileges for industrialists and traders returning to the country. The Deputy Prime Minister for Economic Affairs added that the Islamic Emirate has taken effective measures to facilitate economic growth and […]

Read More

Nu 109 billion allocated for 2025-26 fiscal year

The finance ministry has estimated a budget outlay of Nu 109.35 billion for the fiscal year 2025-26, the second year of the ambitious 13th Plan. This is according to the ministry’s budget call notification for the fiscal year 2025-26.  The proposed outlay includes Nu 53.79 billion for capital expenditure and Nu 55.56 billion for recurrent […]

Read More

ADB signs 92.6 mln USD financing agreement to support Indonesia’s green energy transition

The Asian Development Bank (ADB) on Tuesday signed a financing agreement of 92.6 million U.S. dollars with PT Supreme Energy Muara Laboh (SEML) to develop Indonesia’s geothermal power resources. “This will be done by expanding the geothermal facility at Muara Laboh in West Sumatra, while supporting the construction, operation, and maintenance of a new geothermal […]

Read More

China mulls potential sale of TikTok US to Musk: Bloomberg

TikTok’s US operations could either be sold through a competitive process or an arrangement by the government, the report said, suggesting that the future of the app is no longer solely in ByteDance’s control. Chinese officials are in preliminary talks about a potential option to sell TikTok’s operations in the United States to billionaire Elon […]

Read More

World Bank makes 10-year plan with Pakistan for $20 billion in funding

Pakistan’s prime minister on Wednesday welcomed a first-of-its-kind agreement with the World Bank for a plan to focus $20 billion in lending to the cash-strapped nation over the coming decade on development issues like the impact of climate change as well as boosting private-sector growth. Prime Minister Shehbaz Sharif said in a post on social […]

Read More

India achieves ‘historic’ space docking mission

India docked two satellites in space Thursday, a key milestone for the country’s dreams of a space station and manned Moon mission, the space agency said. The satellites, weighing 220-kilogrammes (485 pounds) each, blasted off in December on a single rocket from India’s Sriharikota launch site. Later they separated. On Thursday, the two satellites were […]

Read More

Google signs deal to buy carbon removal credits from Indian farms

The deal – signed by Google and Indian supplier Varaha – is one of the biggest ever involving biochar, and is the tech giant’s first foray into India’s carbon dioxide removal (CDR) sector. Google will buy carbon credits from an Indian initiative that turns large amounts of agricultural waste into biochar – a form of […]

Read More