Nepal Electricity Authority (NEA)

Stories

Spiko raises $90M to expand tokenized cash funds

Lead investor in Spiko's Series B

Spiko raised $90 million in a Series B led by New Enterprise Associates to launch new funds and hire local teams in Germany, Italy, Spain, the Netherlands and the Nordics. The London and Paris company was valued at $800 million in the round.

Updated Oct 22

Nepal completes 18-km cross-border power line under MCC compact

Built World

As of September 2026: Will operate the line; receiving technical support from the compact

Nepal finished building an 18-kilometer, 400-kilovolt transmission line connecting its New Butwal substation to the India border, the first segment of a US-funded corridor designed to carry surplus Nepali hydropower across the frontier. The line was expedited at the request of Nepal's energy ministry and completed on time.

Updated Sep 13