Nepal Electricity Authority Seeks to Halt IPOs and Share Trading of 34 Industries over Rs 6.4 Billion Arrears

The Nepal Electricity Authority (NEA), citing repeated disruptions to the electricity supply due to unpaid bills, has requested the regulatory body to halt the accounts and suspend the buying and selling of shares or Initial Public Offerings (IPOs) for 34 industries. These industries owe a total of Rs 6.4 billion in outstanding arrears.