The Nepal Electricity Authority (NEA) has announced a five-year installment facility for the payment of electricity tariff dues related to dedicated and trunk line services.

In a public notice issued today, the NEA has urged relevant entities to submit applications for installment facilities at the respective NEA distribution centers within the next 30 days. Following a decision made during the January 1 meeting of the NEA Board of Directors, industries are now eligible for a one-time installment facility to settle their dues associated with dedicated and trunk line services.

The NEA has taken this step in response to the accumulated electricity dues from 61 industries, amounting to Rs 22.24 billion. Consequently, power supply to 24 industries has been disconnected.