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ADB will also continue to assist with the implementation of federalism for more effective and efficient delivery of services, including those devolved to subnational governments.
ADB Vice-President Shixin Chen met with Nepal’s Prime Minister Sher Bahadur Deuba today and reiterated ADB’s commitment to further strengthen its partnership with Nepal.
Manufacturing companies question hike in power prices Nicholas Pointon © ASSOCIATED PRESS Meridian Energy spokesperson said the current prices were the result of extremely low rainfall for months Big manufacturing companies are questioning if they have a future in the face of high power prices. Data from energy consultancy firm Energy Link shows wholesale power prices are nearly seven times higher than they were a year ago, at $314.44 per megawatt hour (MWh) and have reached as high as $500 (MWh) in the past fortnight. The soaring prices forced the temporary closure of the ...
POWER MAFIA EMPOWERED - 0 Sri Lanka had not been able to get the best possible technology for power generation The PUCSL would call for tenders with the participation of all stakeholders before implementing an electricity project There are about 600 complaints a year regarding electricity services The power mafia comprises crooked businessmen, engineers, bureaucrats and politicians The lack of transparency adversely impacted investor confidence, which in turn negatively impacted the whole economy The Auditor General has also revealed that the electricity from diesel could have been p...