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March 22, 2021

Electricity demand charges waived for hotels for Covid-19 period

Soaltee hotel
Kathmandu: A cabinet meeting of the government-held recently has decided to waive the electricity demand charges of the Covid-19 pandemic period for the hotels and restaurants.

According to the government’s spokesperson Parbat Gurung, also Minister for Communications and Information Technology the facility will be given only to the hotels and restaurants that are operating as a hotel industry and submit tax returns after regular renewal.

The demand charge of electricity to be paid by the respective hotel and restaurant industry will be waived from March 22, 2020, to mid-September, 2020.

Similarly, the demand fee from September to mid-February will be reduced by 50 percent. Srijana Rana, president of the Hotel Association of Nepal (HAN), said that hoteliers were relieved by this government facility.

She also reiterated that most of the tourism entrepreneurs have not got any accessibility to refinancing facilities despite the government assurance of such facilities to be provided to the tourism industry.

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