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The development of charging stations has been made easier thanks to easy Concessional Loan

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The development of charging stations has been made easier thanks to easy Concessional Loan

In a recent announcement, the Nepal Rastra Bank (NRB) a new provision that will provide a loan the development of an electric charging station.

As a result of the third revision to refinancing processes, the bank has come up with a concept to promote the use of electric vehicles while simultaneously increasing electricity usage.

Recently, the central bank made a step that will directly assist the sector, which has working on the creation of electronic car charging as a major priority in recent months.

At the moment, 15 charging stations are operational, and the Nepal Electricity Authority () is striving to 50 electronic vehicle charging stations throughout the country in the near future.

Also as part of its refinancing services, the NRB will assist a broadband internet service provider organisation, which will aid in increas

Read the full story at EarnMoney.com.np


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