Nepal Electricity Authority has earned a profit of Rs. 12.12 billion in the first six months of the current Fiscal Year (FY 2021/22).

With this, the NEA has become the most profitable institution among the public enterprises. NEA, which had an annual deficit of Rs 8.89 billion in FY 2015/16, has been in profit since the days afterward. However, a significant decline in profit was recorded last year.

NEA Managing Director Kulman Ghising said that the organization has been able to earn significant profits in the first six months of the current fiscal year due to the control of electricity leakage, increase in electricity export to India, decrease in electricity import, increase in electricity sales and increase in other incomes.