Hulas Steel Industries, operating in Simara, Bara, which consumes electricity from dedicated and trunk lines, has started paying the outstanding premium tariff amount to the Nepal Electricity Authority.

Hulas has received approval from the Authority to pay the total outstanding premium fee of Rs 141.2 million for dedicated and trunkline usage from 2072 Magh to 2075 Baisakh in 28 installments, with each installment being a monthly installment of Rs 50.43 million. The Authority's Executive Director Manoj Silwal informed that the industry paid the first installment on Friday. Similarly, another Ashok Steel from Simara, which has an outstanding debt of Rs 175.8 million, has also paid the first installment. Ashok has paid Rs 6.3 million by taking the facility of 28 installments.