Tag: Projects

Nepal Prepares for Nepal Investment Summit 2024 to Boost Economy

The Government of Nepal is gearing up for the highly anticipated Nepal Investment Summit 2024, set to kick off on April 28 in Kathmandu. This two-day event, themed ‘Emerging Nepal,’ aims to showcase 125 national-level projects across various sectors to attract investment and foster economic development in the country.

Prime Minister Pushpa Kamal Dahal, in discussions with development partners, emphasized the government’s unwavering commitment to creating a secure and conducive investment climate. The Investment Board of Nepal (IBN) has extended invitations to over 1,100 potential investors, with more than 100 projects identified as viable for display at the summit.

Nepal boasts promising investment prospects in sectors such as clean energy, tourism, agro-processing, mining, information and communication technology (ICT), transportation, and manufacturing. Highlighted projects include the Nepal-China Friendly Industrial Park in Jhapa, the Upper Marsyangdi-2 Hydropower Project, grid-connected solar initiatives in Banke and Kapilvastu districts, and a potential agreement with Dabur Nepal for expanding production capacity.

The estimated cost of the Nepal-China Friendly Industrial Park is $786 million, while the Upper Marsyangdi-2 Hydropower Project seeks $647 million in Chinese investment. Grid-connected solar projects and Dabur Nepal’s expansion plan also present significant investment opportunities, showcasing Nepal’s appeal to prospective investors.

Despite past investment summits in 2017 and 2019 aimed at boosting Nepal’s attractiveness to investors, challenges remain in translating summit outcomes into tangible results. The government has undertaken pre-event activities abroad and streamlined preparations, but delays in amending relevant legislation persist, hindering progress towards creating a more investor-friendly regulatory environment.

April 10, 2024
Radhi Sana Hydropower Project’s 4.4 MW Capacity Put on Hold Due to Flood Damage

The Radhi Sana Hydropower Project, with a capacity of 4.4 MW and owned by Radhi Bidyut Company Limited (RADHI), has come to a halt due to flooding. The recent flood and landslide on Ashad 22 caused significant damage to the project’s headworks and head race pipe, resulting in the suspension of energy production.

Located in the Lamjung district of the Gandaki Province in Nepal, the Radhi Sana Hydropower Project operates as a run-of-the-river (R-o-R) type project. It was designed with a 40% probability of exceedance (Q40). Although the project was scheduled for commercial operation by April 13, 2013, it faced delays and was finally commissioned on June 14, 2014, approximately a year later than the required commercial operation date (RCOD).

Unfortunately, the recent flood has caused significant damage to the project’s infrastructure, leading to a temporary halt in energy generation. The company is likely assessing the extent of the damage and will need to undertake necessary repairs before resuming operations.

The interruption in the Radhi Sana Hydropower Project’s functioning is a setback for the company, as it impacts their ability to contribute to the local energy grid and meet the region’s power demands. Efforts will now be focused on restoring the damaged components and ensuring the project can resume its operations as soon as possible, providing clean and sustainable energy to the area once again.

July 13, 2023
Avasar Equity Diversified Fund Invests in Two Hydropower Projects in Nepal’s Dolakha District

Avasar Equity Diversified Fund, Nepal’s first domestic Private Equity Fund registered with the Securities Board of Nepal (SEBON), has recently entered into an investment agreement with Him Parbat Hydropower Limited. Under this agreement, the Fund will invest NPR 39.06 crore in the development of two Run-of-river hydropower projects in Dolakha District of Bagmati Province.

The investment will be directed towards the Sagu Khola – 1 Hydropower Project, with a capacity of 5.5 MW, and the Sagu Khola Hydropower Project, with a capacity of 20 MW. Both projects have already concluded Power Purchase Agreements (PPAs) on a take-or-pay basis. It is anticipated that the combined energy generation from these projects will amount to approximately 149 GWh per year.

To connect the power generated by the projects to the national grid, a connection will be established through the Singati Substation. The projects have a target Commercial Operation Date set for Chaitra 29, 2081 (April 12, 2025).

By providing financial support for these projects, the investment from Avasar Equity Diversified Fund aims to ensure their timely completion and contribute to Nepal’s commitment to clean and sustainable energy sources.

June 5, 2023
What Rawa Energy Development Prospective Investors Should Know

Rawa Energy Development Ltd is a public limited company that was founded as a private limited company on August 16, 2009 and later converted to a public limited company on June 28, 2019. It is promoted by businesspeople with extensive experience in hydropower and other sectors for the establishment of Hydroelectric Projects (HEP) in Nepal. In Khotang District, the company operates a 3 MW Upper Rawa Khola Small Hydropower Project (URKHP), which has been in commercial operation since September 20, 2020. The project is being built using the BOOT (Build, Own, Operate, and Transfer) model.

April 6, 2023
Lockdown Online Job Opportunities: How to Earn Money Online during Lockdown

The covid19 pandemic is not only putting millions of people’s lives in peril, but it is also devastating the global economy. Our government has proclaimed general vacations and imposed a travel ban on the general public in order to combat the spread of Coronavirus. Nobody knows how long it will take for things to return to normal. Meanwhile, some huge organizations are downsizing their workforces, while small and mid-sized businesses are being forced to lay off employees. As a result, a large number of people are losing their employment or their salary. At this vital juncture, we’ll highlight several quarantine income opportunities, both online and offline. Keep reading to learn how you can make money during the lockdown!

Best Lockdown Income Opportunities Online

Graphic Design Jobs on the Internet

If you are a graphic designer with experience utilizing popular graphic tools such as Adobe Photoshop and/or Adobe Illustrator, you can get hired online and earn big money. Graphic designers are hired by many overseas platforms to work on little to large projects including logo design, business card design, banner design, brochure design, and so on. Here are some job vacancies in distribution.

https://www.freelancer.com/jobs/graphic-design/
https://www.behance.net/joblist
https://99designs.com
https://www.upwork.com/ab/find-work

Affiliate Marketing on the Internet

Do you like to use social media sites like Facebook, Twitter, and Instagram from time to time? Why don’t you complement your income with those sources? Any online social media channel that allows you to generate links or followers can be utilized to promote a product (made by another company). You may easily earn an affiliate fee if a viewer purchases your offered goods through your provided link. A variety of local businesses offer affiliation programs as well. Let’s have a look at some options.

https://www.daraz.com.np/wow/i/np/help-pages/daraz-affiliate-program

Affiliate marketing is a safe and secure way to earn money online. More people are choosing to affiliate marketing as a full-time career because of the attractive affiliate commission arrangements given by numerous companies. If you have good writing and/or video-making talents, as well as some SEO knowledge, you may generate a consistent income conducting affiliate marketing on your blog or YouTube. Take a peek at some of the various international affiliation channels.

https://affiliate-program.amazon.com/
http://www.cj.com/
https://shareasale.com/

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Online Tutoring and Teaching Positions

Earn a comfortable living by teaching online. You can write courses based on your experience and advertise your profile on social media platforms like linkedin.com. Begin by enrolling in some low-cost or no-cost basic level courses. Consider offering some paid advanced-level skills classes if the audience responds well. Here are some local and worldwide resources for looking for online teaching employment and/or submitting your online course:

hhttps://www.udemy.com/teaching/
https://sellfy.com/sell/courses-online/
https://www.skillshare.com/teach

Writing Jobs on the Internet

Do you have an innate desire to write? Yes, you can work as a freelance writer for a range of local and online publications if you answered yes. There are a range of freelance assignments accessible, including translation, guest writing, blog post writing, essay writing, academic writing, book writing, and study, whether you’re a newbie writer or a seasoned researcher. It will enable you to teach people while also allowing you to earn money. Take a look at the resources listed below.

Freelance Writers Den homepage

Jobs

https://solidgigs.com/
https://remote.co/remote-jobs/writing/
https://www.freelancewriting.com/jobs/

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Jobs in Online Programming

Do you enjoy working with computers? You can get hired online if you know any programming language, including PHP, Python, C#, Java, and others. Based on your degree of education and experience, you should apply for freelance programming employment. Here are a few areas where you might look for work as an internet programmer.

https://www.upwork.com/freelance-jobs/database-programming/
https://www.peopleperhour.com/freelance-programming-jobs
https://www.indeed.com/q-Online-Programmer-jobs.html
https://www.ziprecruiter.com/Jobs/Online-Programmer

Skill Based Freelancing Jobs

Don’t be concerned if you aren’t a designer, editor, or programmer. The Internet is a huge ocean of possibilities for a wide range of occupations. If you have experience in a specific field of knowledge, such as business proposal preparation, project management, or digital marketing, you should hunt for freelance employment in foreign marketplaces.

Here are some useful links:

https://www.upwork.com/freelance-jobs/online/
https://www.freelancer.com/
https://www.fiverr.com/
https://www.peopleperhour.com/
https://www.linkedin.com/jobs/

January 3, 2023
Earning Money Online

WHO CAN EARN MONEY ONLINE?

Anyone can make money on the internet. You can easily earn a substantial amount of money online every month if you are a hardworking talented person with basic computer knowledge and a home internet connection. The amount of money, on the other hand, would be different. Based on their incomes, I’d like to put them into three groups.

NEWBIE OR STARTER GROUP

This club is for novices who have no idea how to make money online. They are looking for work all over the internet, but owing to their lack of experience, they have been unable to get work. They prefer PTC, Captcha Entry, and other typing-based occupations at that time. These occupations require a lot of effort and are designed specifically for newcomers due to their lack of expertise.

The pay for these kind of work is relatively modest. It does not exceed $100 each month. However, for an inexperienced rookie, it is a reasonable sum. It could also be a source of additional revenue for them. So, instead of becoming upset, aim to gain more marketable qualifications in order to earn more money.

MODERATE EARNING GROUP

This group makes significantly more money than the previous one. They have higher qualifications and experience. They can run blogs with Google Adsense or other ad networks, write articles for blogs or the web, and conduct simple freelancing projects like file conversions and virtual assistance, among other things.

They may make a lot of money with these kind of occupations. It might cost you more than $500 every month. However, this is not the end of the process for making money online. Without going to the so-called office, you can make a lot of money and live a beautiful life.

HUGE EARNING GROUP

This is the final stage of the internet money-making process. This category consists of individuals that are well-versed, qualified, and experienced in the field of freelancing. They can earn between $1,000 and $2,000 per month. It’s not a prank. Take a peek at the profile of this Upwork Freelancer below.

January 3, 2023