Auditor General questions NEA officials serving as directors in multiple companies

english.khabarhub.com · 1 week ago

The Office of the Auditor General has questioned the Nepal Electricity Authority (NEA) for appointing its employees, including the managing director, as directors in multiple subsidiary and associated companies without government approval. The NEA also invested Rs 56.08 billion in shares across 35 entities and received Rs 381.3 million from Gandaki Province ministries without federal government approval. Additionally, lower-than-planned electricity production resulted in a shortfall of 268.8 million kilowatt-hours, necessitating imports and an estimated financial burden of Rs 1.2279 billion. Delays by the NEA in relocating electricity poles also increased the costs of road construction projects, with road projects bearing significant expenses that should have been covered by the NEA.