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Finance, law ministries approve of making Budhi Gandaki a public company
Published On: June 26, 2022 12:32 PM NPT By: Himal Lamsal
KATHMANDU, June 26: The Ministry of Finance and the Ministry of Law, Justice and Parliamentary Affairs have suggested that the Budhi Gandaki Hydropower Project can be constructed by making it a public company.
Budhigandaki Hydropower Project to be constructed in a company model
Published On: June 8, 2022 04:10 PM NPT By: Himal Lamsal
KATHMANDU, June 8: The Budhi Gandaki Hydropower Project, which has been neglected for a long time under various pretexts, will now be constructed through a public company. A proposal has been made to build this project with a capacity of 1,200 MW in the company model with domestic investment.
You will face action if you do not get an embossed number plate for your vehicle by mid-July
Published On: June 5, 2022 02:35 PM NPT By: Himal Lamsal
KATHMANDU, June 5: The Department of Transportation Management (DoTM) has decided to take strict action against the owners of vehicles who do not get embossed number plates for their vehicles.
Nepal starts exporting electricity to India
Published On: June 3, 2022 12:45 PM NPT By: Himal Lamsal
KATHMANDU, June 3: Nepal Electricity Authority (NEA) has started exporting 39 MW of electricity to India with the onset of monsoon. The NEA has started exporting electricity generated in Nepal to India from Wednesday midnight. NEA has exported 39 MW of surplus electricity to India.
Melamchi pipeline expansion neglected
Published On: May 9, 2022 02:30 PM NPT By: Himal Lamsal
KATHMANDU, May 9: Shailung Construction, which has been neglecting contracted roads and bridges, has also neglected the Melamchi pipeline expansion and construction of overhead tanks. Shailung had won a contract with Indian company CIPEL in a joint venture to lay 160 kilometers of pipeline and build overhead tanks for the Melamchi drinking water project at a cost of Rs 1.41 billion.
Chinese company's license to build Budhi Gandaki Project scrapped, Nepal says it’ll build the 1200MW project on its own
Published On: April 8, 2022 01:40 PM NPT By: Himal Lamsal
KATHMANDU, April 8: The government has decided to revoke the license issued to the Chinese state-owned China Gezhouba Group Corporation (CGGC) for the development of the Budhi Gandaki Hydropower Project.
Main gate of Melamchi headworks being opened, 130,000 cubic meters of debris removed
Published On: March 26, 2022 12:20 PM NPT By: Himal Lamsal
KATHMANDU, March 26: Preparations are underway to open the main gate of the Melamchi Drinking Water Project at Ambathan and inspect the tunnel, which was covered by debris due to flood and landslides that occurred on June 15 and July 30.
MCC project moves forward, land acquisition and compensation process begins
Published On: March 23, 2022 03:21 PM NPT By: Himal Lamsal
KATHMANDU, March 23: With the ratification of the US aid project Millennium Challenge Corporation (MCC) compact from the House of Representatives, the process of clearing the land acquired for the construction of a substation in Nuwakot has been started under the MCC compact agreement.
Butwal-Narayanghat Road Project: 85 percent of wrok left with 4 months before deadline
Published On: March 22, 2022 12:20 PM NPT By: Himal Lamsal
KATHMANDU, March 22: The Chinese State Construction Corporation, which was awarded the tender for the construction of the Butwal-Narayanghat road project, has requested to extend the project’s deadline by two years.
Door for implementation of MCC projects is open now: MCA-Nepal
Published On: March 1, 2022 04:19 PM NPT By: Himal Lamsal
KATHMANDU, March 1: With the ratification of the US-aid Millennium Challenge Corporation (MCC) compact agreement by the House of Representatives (HoR), the door for the implementation of the project under the US Agency for International Development (USAID) has been opened.
Technical testing of Janakpur-Jayanagar railway service to begin from mid-February
Published On: February 12, 2022 01:30 PM NPT By: Himal Lamsal
KATHMANDU, Feb 12: As the Ministry of Finance has secured a source of Rs. 210 million for the operation of Jayanagar-Kurtha railway, the technical testing of the railway is set to begin on 13 February.
Construction of airports listed as national pride projects slow in first half of 2021/22
Published On: February 11, 2022 02:15 PM NPT By: Himal Lamsal
KATHMANDU, Feb 11: The Government of Nepal had allocated Rs 3.53 billion for the construction of the Gautam Buddha International Airport in the current fiscal year. However, the project has made financial progress of just Rs 180 million in the first half of the current fiscal year.
National pride projects made little to no progress in first half of current FY
Published On: February 11, 2022 01:20 PM NPT By: Himal Lamsal
KATHMANDU, Feb 11: The projects declared as national pride could not spend their budgets effectively, to say the least, according to the half-yearly evaluation and review report of the budget for the current fiscal year 2021\/2022 released by the Ministry of Finance on Thursday.
Import of electricity from India starts, export stopped
Published On: December 8, 2021 03:20 PM NPT By: Himal Lamsal
KATHMANDU, Dec 7: Nepal Electricity Authority (NEA) has started importing 70 MW of electricity daily from India. The NEA has started importing power from India after the domestic electricity could not meet the demand of peak hours due to declining production of Nepal's hydropower projects.
Budget for road projects halted by FinMin not to stop
Published On: December 1, 2021 02:26 PM NPT By: Himal Lamsal
KATHMANDU, Dec 1: Finance Minister Janardan Sharma in the Substitution Bill had said that plans for 1400 small roads would be put to a halt. But the budget of those schemes will not be stopped.
Dharahara reconstruction slows down after premature inauguration
Published On: November 25, 2021 04:22 PM NPT By: Himal Lamsal
KATHMANDU, Nov 25: Former Prime Minister KP Sharma Oli hastily inaugurated Dharahara on April 24 without the completion of construction of all the infrastructure. Prior to Oli's inauguration, more than 400 workers worked day and night to complete the construction of the tower.
Using electric stove cheaper than cooking gas: Study
Published On: November 19, 2021 01:09 PM NPT By: Himal Lamsal
KATHMANDU, Nov 19: Using an electric stove is 65 percent cheaper than LPG in the kitchen. However, due to lack of uninterrupted supply of electricity, the interest of the ordinary public toward induction cookers has not increased.
Reconstruction of Melamchi Project unlikely anytime soon, govt looks for alternatives to supply water in Kathmandu Valley
Published On: November 15, 2021 03:27 PM NPT By: Himal Lamsal
KATHMANDU, Nov 15: Instead of rebuilding the much-talked-about Melamchi Drinking Water Project, which was damaged by the floods and landslides a few months ago, the government has put forward two new options. This has created confusion whether the project will be repaired anytime soon.
Construction of overhead bridge in New Baneshwor completed two years later than scheduled deadline
Published On: October 24, 2021 11:23 AM NPT By: Himal Lamsal
KATHMANDU, Oct 24: The construction of an overhead truss bridge at Baneshwor Chowk, a busy road section in the capital city, has been completed almost two years after the scheduled deadline. The bridge came into operation almost two years behind schedule due to the delay by the contractor company and the COVID-19 pandemic.
Dedicated trunk line dispute: Go through review if arrears are not paid
Published On: August 6, 2021 01:00 PM NPT By: Himal Lamsal
KATHMANDU, August 6: Nepal Electricity Authority (NEA) has advised the industrialists and businessmen to pay the arrears for consuming electricity from the trunk line and dedicated feeder or go through the legal process for a review. According to NEA, the industrialists and businessmen have not paid around Rs 10 billion for electricity from trunk lines and dedicated feeders.
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