NEA Cuts Power to Hulas Steel Amidst Dues Controversy

In the ongoing controversy surrounding dedicated and trunk lines, the Nepal Electricity Authority (NEA) has taken another decisive step by cutting off the electricity supply to Hulas Steel, a prominent player in the Bara-Parsa Industrial Corridor.

On Monday morning, NEA disconnected the power lines to Hulas Steel, citing outstanding dues amounting to NPR 432.4 million, accumulated until the month of Mangsir. This move is part of NEA’s broader initiative to address the issue of unpaid bills and ensure fair practices in the industrial sector.

NEA’s actions have affected a total of 24 industries with outstanding bills surpassing NPR 50 million. Among them, Himal Steel faced a similar situation, but the power supply was reinstated after the industry made the first installment payment towards settling its dues.

The electricity disconnections began on December 23, as NEA took a strict stance against industries failing to clear their outstanding bills. The move has stirred discussions within the industrial community, with some expressing concerns over the impact on production and operations.

NEA’s decision to cut off power to defaulting industries reflects its commitment to ensuring financial discipline and sustainability in the energy sector. The authority has emphasized the need for timely payments to maintain a stable and reliable power supply for both industries and the general public.

As the controversy over dedicated and trunk lines persists, stakeholders in the industrial sector are closely monitoring developments, hoping for a resolution that balances the interests of both the electricity providers and consumers.