energyNP.com  
Tel
98510-91900 
Email
energyNP@hotmail.com 
Menu

 
 
News  
Back to energy news list >>>
 

 
 
 Air Conditioner
 Battery
 Booster Pump
 Charger
 Cold Storage Room
 Electric Power Tools
 Electric Water Heater
 Garbage Disposal
 Station
 Generator
 Heat Pump
 Inverter
 Power Supply
 Rectifiers
 Self Priming Pump
 Solar Energy
 Solar Water Heater
 Transformer
 UPS
 Voltage Stabilizer
 Wind Energy
 
  62% Industries Still Rely On Generators For Energy: Report

Kathmandu: The capacity utilisation of Nepali industries has increased as the impact of COVID-19 is declining.

According to an Industrial Status Report made public by the Confederation of Nepalese Industries (CNI), the capacity utilisation of the industry has significantly improved in the current fiscal year 2021/22 as compared to the last quarter of the last fiscal year 2020/21.

After studying the activities of major industrial sectors, the CNI has released the second edition of 'Industrial Status Report'.

According to the report, Nepali industries have utilised 70.5 per cent of their total capacity in the first quarter of the current fiscal year. The capacity utilisation of the industries was 64.8 per cent in the last quarter of last fiscal year.

In the meantime, the income of manufacturing industries has also improved during the review period.

The income growth rate of the industry is 41.15 in the first quarter of the current fiscal year 2021/22 as compared to the first quarter of the previous fiscal year 2020/21, the report said.

The study found that 61.8 per cent of industries are still operating generators for energy which increased industrial costs by 5 per cent monthly.

During the period of study, agro-based industries paid interest an average of 8.7 per cent, energy sector industries an average of 7.7 per cent, manufacturing industries an average of 8.7 per cent and service sector industries an average of 8.2 per cent. This rate of interest paid is more than the last quarter of the last fiscal year.

Similarly, manufacturing industries borrowed 54.1 per cent of their working capital from banks and financial institutions, according to the study.

Of those surveyed, 61.7 per cent said they were ready for new investments. Such industrialists were 83 per cent in the last quarter of last year.

Of the industries participating in the survey, 61.7 per cent said that they were ready for new investments. Such industrialists were 83 per cent in the last quarter of last fiscal year.

Secretary at the Ministry of Industry, Commerce and Supplies Arjun Prasad Pokharel unveiled the second issue of the quarterly report made public by the CNI Friday.

The detailed data has been included in the report on the condition of manufacturing industry, service sector, agriculture and energy sector industries.

Speaking on the occasion, Secretary Pokharel said that the research done by the private sector would help the government in formulating appropriate policy.

He said that the government has been incorporating the suggestions received from the private sector in the policy making process, adding that the government would continue to work with the private sector for industrial development in the future as well.

He also said that the government would move ahead by making necessary policy arrangements for the promotion of domestic industries.

On the occasion, President of the CNI Vishnu Agrawal stressed on the need to formulate a sectoral policy for industrialisation and implement it.

"We find that neighboring Bangladesh has different policy arrangements for different industries, which has made rapid industrialisation possible there," he said. "Nepal can make similar policy arrangements."

Similarly, Rohit Gupta, vice-president of the Confederation, said that the member organisations of the CNI would assist the government in implementing the workplace-based skills programme to be promoted by the government.

He informed that the CNI had launched 'Skill Nepal' campaign and aims to produce 100,000 skilled manpower annually.

The research cell under the Confederation has prepared a report based on a survey of 62 industries.

The Confederation is confident that this report will help in formulating fact-based policy in Nepal.

By A Staff Reporter

[2 January, 2022 / risingnepaldaily.com]   
 
 
Voltage Stabilizer Nepal Kathmandu
 
UPS Nepal Kathmandu
 
Lithium iron battery LiFePO4 Battery Nepal Kathmandu
 
Inverter Hybrid On-grid Off-Grid Energy Storage Solar Inverter Nepal Kathmandu
 
Solar Water Heater Nepal Kathmandu
 
GREE Air Conditioner Residential Nepal Kathmandu
 
Solar Water Heater Nepal Kathmandu
 
Gree Air Purifier Kills Novel Coronavirus Nepal Kathmandu
 
Battery Charger Nepal Kathmandu
 
Complete Power Solution
 
 
 
 
Solar Water Heater Nepal Kathmandu Solar Energy Nepal Kathmandu Wind Power Nepal Kathmandu Power Generator Nepal Kathmandu Voltage Stabilizer Nepal Kathmandu Transformer Nepal Kathmandu AirConditioner Nepal Kathmandu Battery Nepal Kathmandu UPS System Nepal Kathmandu Rectifier Nepal Kathmandu
 
 
Link: The Official Portal of Goverment of Nepal Nepal Electricity Authority Nepal Alternative Energy Promotion Centre Nepal Telecom Nepal Department of Agriculture Nepal Department of Industry wow Nepal! Nepal Global Buying SIMONES Industries|Nepal Power Solution
  Nepal Goverment Nepal Electricity Authority Nepal Alternative Energy Promotion Centre Nepal Telecom Nepal Department of Agriculture Nepal Department of Industry wow-Nepal | Nepal Global Buying SIMONES Industries |Nepal Power Solution
 
Fair: Investment Summit Nepal Himalayan Hydro Expo Nepal Kathmandu China International Import Expo China Import and Export Fair China-South Asia Exposition Guangzhou Int’l Refrigeration, Air-Condition, Ventilation, Air-Improving Equipment Exhibition Guangzhou International Solar Photovoltaic Exhibition Asia Battery Sourcing Fair
  Investment Summit Nepal Himalayan Hydro Expo Nepal China International Import Expo China Import and Export Fair China-South Asia Exposition Int'l Refrigeration, Air-Condition Fair Int'l Solar Photovoltaic Exhibition Asia Battery Sourcing Fair
 
Copyright @ 2014 All right reserved. Simones Industries