NEA continues to reduce losses, anti-power leakage campaign turns meaningful

<p><span style="line-height: 1.42857;">The Nepal Electricity Authority (NEA) has been able to reduce its losses significantly by Rs 7 billion in the last fiscal year (2073/074 BS) and its loss now stands at Rs 970 million only.</span><br></p><p>The NEA, that had been suffering loss since 2002, could reduce its losses by controlling power leakage, reforms in management and hiking the tariff among others.</p><p><br></p><p>At a programme organized &nbsp;today on its 32nd anniversary, NEA Executive Director Kulman Ghising said, &nbsp;the construction of a 4000 KV north- south river basin-based transmission line would be started. Likewise, construction of an east-west 400 KV transmission is in the top priority of the NEA. &nbsp;</p><p><br></p><p>The World Bank, Asian Development Bank, European Bank and the US-based Millennium Challenge Corporation are to assist the construction of transmission lines of high capacity.&nbsp;</p><p>&nbsp; 
Addressing the event, Minister for Energy Mahendra Bahadur Shahi said action would be taken against NEA employees for failure to improve their performance and skills.</p><p>He directed an end to unethical conducts of the trade unions and political parties.</p><p>Trade unions crossing their set boundaries would also be booked," he said.&nbsp;</p>