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ECONOMY

Construction Contract annulled for dilly-dallying

MYAGDI, Oct 28: The Raghuganga hydropower project has annulled a construction contract with a contractor after it failed to complete work even seven years after the first deadline.
By Republica

MYAGDI, Oct 28: The Raghuganga hydropower project has annulled a construction contract with a contractor after it failed to complete work even seven years after the first deadline. 


The contractor company, Gorkha Construction and Swaschanda JV had to complete the work in 18 months but were incomplete even after eight years. Repeated verbal and written communications turned futile, hence the contract was scrapped, managing director of the hydropower project Sriram Pandey said. 


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A new process will be initiated to complete the remaining works. The contract company had won a contract worth Rs. 111.67 million to build an office and employees residence at Piple in Raghuganga rural municipality-3. 


One of the buildings to be built has not been seen its foundation work done, with other buildings too left stranded. As a result, the locals and stakeholders started exerting pressure on the project to annul the contract, said ward chair of Raghuganga-3 Jeevan Malla.  RSS

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