My Republica

Rudra Pangeni

He is senior reporter with Republica and reports on economy, infrastructure, industry, trade, agriculture etc

Cost of running legislatures to jump threefold

December 13, 2017 07:10 AM

KATHMANDU, Dec 13: Expenditures for the two houses of parliament and the provincial assemblies will be  at least three times that  of the previous constituent assembly-turned parliament. The annual expenditure of the 601-member parliament was  around Rs 1.40 billion, and this expenditure will now soar to Rs 4.25 billion, according to a study of all legislatures and their secretariats prepared  in July by the parliament secretariat.

IPPs equal NEA in terms of installed capacity

December 11, 2017 02:13 AM

KATHMANDU, Dec 10: In what can be termed a landmark achievement in the country's hydroposer sector, Independent Power Producers (IPPs) are now at the same level with the Nepal Electricity Authority (NEA) in terms of installed capacity of hydrpower projects.

Govt taking decisions of long-term impact to pocket votes

November 30, 2017 08:00 AM

KATHMANDU, Nov 30: The government piled pressure on project managers to publish tender notices for 12 various road projects worth Rs 10 billion as part of the postal highway scheme just a month before the local level elections in Province 2 on  September 18.

White paper on reducing trade deficit in the making

November 30, 2017 07:32 AM

KATHMANDU, Nov 30: Alarmed by indicators such as whopping growth imports, slowdown in remittance growth, and downward trend of revenue collection on several products, the government’s chief revenue officer fears that the country is on the verge of financial crisis.

Small contractors still await payment for works of last FY

November 28, 2017 05:15 AM

KATHMANDU, Nov 28: Contractors handling small road projects in several towns and rural areas are yet to receive payments for works completed in the last fiscal year. Some have not received payments for multi-year projects completed in the current fiscal year.

Measures to tackle Delhi pollution cuts power supply to Nepal

November 26, 2017 10:29 AM

KATHAMNDU, Nov 26: Nepal’s import of electricity from India has been reduced owing to measures taken by India to tackle New Delhi’s air pollution.

Sindhuli locals find retrofitting cost-effective

November 24, 2017 04:30 AM

SINDHULI, Nov 24: Unlike his neighbors, Bir Bahadur Bhujel of Purano Jhangajholi in Sunkoshi Rural Municipality of Sindhuli, is using new technology to retrofit his quake-damaged house.

'No power cuts in Valley, some cities this winter'

November 23, 2017 08:20 AM

KATHMANDU, Nov 23: Just like last year, there won't be any power cuts in Kathmandu and some other cities this winter, NEA officials said.

Rails for Jayanagar-Janakpur section start to arrive

November 23, 2017 05:15 AM

KATHMANDU, Nov 23: The contractor of Jayanagar-Janakpur section of the Jayanagar-Bardibas Railway Project (69 km) has received the first supply of rails from Steel Authority of India Ltd (SAIL).

Further uncertainty grips stalled project

November 19, 2017 08:17 AM

KATHMANDU, Nov 19: Works of Budhigandaki Hydroelectric Project have remained at a standstill for at least the last six months, particularly due to controversies over handing over the project’s contract to a Chinese company.

Projects worth Rs 10 b in limbo as contractors hijack parties

November 15, 2017 06:52 AM

KATHMANDU, Nov 15: Among thousands of candidates vying for public offices in the upcoming elections are dozens of contractors who have won bids to build roads, bridges and other infrastructure projects. Major political parties have fielded them as both first-past-the-post (FPTP) and proportional representation (PR) candidates.

Relief materials for flood victims remain dumped at TIA

November 5, 2017 04:00 AM

KATHMANDU, Nov 5: Japan International Cooperation Agency (JICA) had handed over relief materials to the Ministry of Home Affairs (MoHA) for distribution to the flood victims in the eastern and central tarai plains in mid-August. But those relief materials have not been distributed yet.

Unfeasible and ambitious promises to woo voters

November 5, 2017 02:30 AM

KATHMANDU, Nov 5: Political parties have again tried to woo voters with unfeasible and ambitious promises in their election manifestos, particularly on the economic issues.

TBI Holdings gets license, but government may get nothing

October 28, 2017 08:15 AM

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.

GST waiver on Nepal-bound transit cargo can save Rs 1.2b annually

October 8, 2017 03:30 AM

KATHMANDU, Oct 8: Transportation cost on Nepal's third country imports and exports via India has come down by at least Rs 15,000 per container after India waive Goods and Services Tax (GST) on all transit services provided to Nepal.

Contract process for India-funded road projects begins

October 5, 2017 07:42 AM

KATHMANDU, Oct 5: The government has started contract process for projects to be developed by utilizing Line of Credit III announced by India in 2014.

Ploy to oust CAAN chief for not buying Sherpa’s land

September 16, 2017 11:48 AM

KATHMANDU, Sept 16: The issue of land purchase for Dharan airport is one of the reasons behind the annual budget of the Civil Aviation Authority of Nepal (CAAN) not being approved on Sunday, when a meeting of the CAAN board was scheduled.

Indu Shankar, Everest sugar mills to generate electricity

September 12, 2017 08:22 AM

KATHMANDU, Sept 12: Two sugar mills have signed initial agreements with the government to produce electricity. If it goes as planned, Indu Shankar Chini Udyoug Ltd will generate three megawatts of electricity from December by rotating an additional turbine by the steam of existing boiler. The mills use bagasse, a residue of sugar cane crushing, to heat the boiler.

'Big contractors forming cartel to win contracts'

September 6, 2017 02:41 AM

KATHMANDU, Sept 5: Small contractors - of class 'C' and 'D' categories - have alleged office-bearers of Federation of Contractors Association of Nepal (FCAN) of being self-centered and forming a cartel to win contracts.

NOC charges customers fee on oil, LPG to make fund for staff bonus

September 2, 2017 08:44 AM

KATHMANDU, Sept 1: Nepal Oil Corporation (NOC) has been keeping infrastructure development fee, which it charges from the end customers, in its profit accounts. Such profits are directly allocated to the corporation’s staff bonus and other incentives, NOC balance sheet shows.  As per the balance sheet of 2015/16, NOC has put the fee into its profit accounts.