Published On: October 14, 2022 04:33 PM NPT By: Himal Lamsal
KATHMANDU, Oct 14: Melamchi Drinking Water Development Committee (MDWDC) is making necessary preparations to bring water from Melamchi to Kathmandu Valley from mid-November.
Published On: August 28, 2022 03:30 PM NPT By: Himal Lamsal
KATHMANDU, August 28: The then Prime Minister KP Sharma Oli laid the foundation stone of the two-lane strategic road for all 165 constituencies at a formal program in Baluwatar on April 3, 2021. It has been 17 months since the then Prime Minister Oli laid the foundation stone of the road centered on the electoral constituency.
Published On: August 25, 2022 02:45 PM NPT By: Himal Lamsal
KATHMANDU, August 25: A decade and a half ago, the government launched a plan to build the Mid-Hill highway connecting the east-west highway with domestic investment. The progress of this road plan, which was promoted as a lifeline to connect 26 hill districts of the country, has been ignored.
Published On: August 22, 2022 04:15 PM NPT By: Himal Lamsal
KATHMANDU, August 22: With the onset of the rainy season, floods and landslides in the Melamchi River have damaged the road leading to the headworks of the Melamchi water supply project and three temporary bridges.
Published On: August 19, 2022 05:30 PM NPT By: Himal Lamsal
KATHMANDU, August 19: The projects under the Millennium Challenge Corporation (MCC) compact will be implemented from August 2023. The Executive Director of Millennium Challenge Account Nepal (MCA Nepal), Khadka Bahadur Bista said in a press conference held on Thursday that the construction of the MCC projects will start from August, 2023.
Published On: August 12, 2022 01:49 PM NPT By: Himal Lamsal
KATHMANDU, August 12: The import of electric vehicles increased by more than 600 percent after the government reduced the excise duty and customs duty on electric vehicles in the last fiscal year - 2021/22. In the FY 2020/21, after the former Finance Minister Yuba Raj Khatiwada imposed excessive tax on electric vehicles, the import of electric vehicles had decreased.
Published On: August 9, 2022 04:30 PM NPT By: Himal Lamsal
KATHMANDU, August 9: A decade has passed since the government started expanding the 27.5 km road from Butwal to Belahia, the border point with India, but the road upgradation work on this stretch has not been completed yet. Since 2011/12, the government has been managing the contract for this road section as a sequential plan and the cost of expanding this road section was Rs 5.92 billion.
Published On: August 5, 2022 01:50 PM NPT By: Himal Lamsal
KATHMANDU, August 5: The Nagdhunga-Naubise tunnel way project under construction has produced skilled Nepali manpower related to tunnel construction. The project which has been under construction since 2076 BS has produced more than 100 skilled manpower.
Published On: August 4, 2022 04:00 PM NPT By: Himal Lamsal
KATHMANDU, August 4: Following the government’s decision to restrict the selling of wood products produced from forests, the import of furniture and wood has skyrocketed in the country. While there is a shortage of dollar reserves in the country, about Rs 18 billion went out of the country in the fiscal year 2021/22 alone due to the increase in the import of wood, furniture, and furnishing materials. On the other hand, wood materials produced from the forests of Nepal are decaying.
Published On: August 3, 2022 07:05 PM NPT By: Himal Lamsal
KATHMANDU, August 3: A Chinese high court has ruled in favor of two Nepali banks, following hearings on a case between a Chinese company contracted for the construction of the Melamchi Water Supply Project (MWSP) and the two Nepali banks.
Published On: July 19, 2022 05:15 PM NPT By: Himal Lamsal
KATHMANDU, JULY 19: The construction of the Dharahara has been halted due to underground utility pipes of telecom and drinking water present at its construction sites. It is said that at least 16 such utility pipes are laid under the construction site of the view tower complex.
Published On: July 18, 2022 03:34 PM NPT By: Himal Lamsal
KATHMANDU, July 18: The government has decided to give two more years to the Indian company Grandhi Mallikarjuna Rao (GMR) to complete the financial management of the Upper Karnali Hydropower Project.
Published On: July 18, 2022 09:15 AM NPT By: Himal Lamsal
KATHMANDU, July 18: The Ministry of Physical Infrastructure and Transport, which has the main responsibility for advancing the developmental projects in the country, has spent only 53 percent of its allocated budget on capital expenditures in the previous fiscal year 2021/22. This is the lowest in the last 6 years. Additionally, the ministry’s expenditure is less this year than that seen during the COVID-19 pandemic.
Published On: July 14, 2022 02:39 PM NPT By: Himal Lamsal
KATHMANDU, July 12: The 59th annual report of the Office of Auditor General (OAG) has pointed out that 491 of the 753 local governments across the country have illegally distributed Rs more than Rs 886 million to various individuals and organizations.
Published On: July 11, 2022 02:30 PM NPT By: Himal Lamsal
KATHMANDU, JULY 11: China State Engineering Construction Corporation, the contractor of the Siddhababa tunnel way on the Butwal-Palpa road section, has started the design work of the tunnel. The Chinese company won the contract on February 13, 2022 to build the tunnel in the Engineering Procurement Construction (EPC) model. As per the contract agreement, the contractor company will have to prepare the design of the tunnel within nine months.
Published On: July 10, 2022 04:00 PM NPT By: Himal Lamsal
KATHMANDU, July 10: Instead of taking action against the Chinese company involved in the construction of the Butwal-Narayanghat road, the government is preparing to extend the deadline by one year. The Chinese company China State Construction Corporation has completed less than 20 percent of the work on the Butwal-Narayanghat road section in a period of 41 months.
Published On: July 10, 2022 03:42 PM NPT By: Himal Lamsal
KATHMANDU, June 10: Four industries in Nepal have produced goods and services worth Rs 1.2 trillion over one year. According to the data released by the Central Bureau of Statistics (CBS), the four industries generated goods and services worth Rs. 1.2 trillion while incurring costs of Rs. 846 billion in the fiscal year 2018/19.
Published On: July 7, 2022 04:55 PM NPT By: Himal Lamsal
KATHMANDU, June 7: The construction of the East-West Railway — a National Pride Project — started a decade ago. However, the project has not been able to gather speed as the compensation issue for the land acquired for the project’s construction has still not been resolved.
Published On: July 5, 2022 06:00 PM NPT By: Himal Lamsal
KATHMANDU, JULY 5: The government has decided to extend the terms of the projects that will expire within the current fiscal year but have not progressed as per the agreement. The government issued the Public Procurement (12th Amendment) Regulation 2078 BS on Monday and decided to extend the deadline of the projects that have been neglected till June 2023.
Published On: July 4, 2022 01:00 PM NPT By: Himal Lamsal
KATHMANDU, JULY 4: In the first eight months of the current fiscal year, 115,057 vehicles have been added in Bagmati Province. According to the Bagmati Ministry of Transport, Labor and Employment, 96,527 two-wheelers and 18,530 four-wheelers were added during the period. According to the ministry, the total number of vehicles registered in Bagmati has reached 1.8 million by February this year.