KATHMANDU, Nov 9: The Supreme Court on Wednesday stayed the October 11 decision of the Ministry of Energy to award the 650 MW Tamakoshi III hydropower project to TBI Holdings till November 15 and summoned the government authorities to attend a hearing on November 15 to discuss whether or not to extend the stay order.

KATHMANDU, Nov 8: A writ petition has been filed at the Supreme Court on Tuesday seeking immediate intervention of the Supreme Court against the government decision to award the 650 MW Tamakoshi III Hydropower Project to TBI Holdings without soliciting competitive bidding.

KATHMANDU, Oct 27: Several domestic and international firms were eying to build Tamakoshi-3, a hydroelectricity project of 650 MW capacity. They were hopeful for a call for competitive bidding, but a sudden move by Energy Secretary Anup Kumar Upadhyaya to award the project’s license to TBI Holdings left them utterly disappointed.

KATHMANDU, Sept 23: CG Properties Pvt Ltd, a subsidiary of CG Holdings -- one of the largest real estate developers in the country, has announced the launch of premium, affordable luxury villas at Sunakothi of Lalitpur.