KATHMANDU, Oct 5: Nepal Rastra Bank (NRB) has invited global tenders for the design, minting, and transportation of coins in denominations of Re 1 and Rs 2.
The Currency Management Department of the NRB issued a notice inviting sealed bids from international security minting companies. Under the plan, the central bank is issuing 400 million coins of Re 1 denomination and 300 million coins in denomination of Rs 2.
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The notice states that individuals or entities blacklisted under the Public Procurement Act 2006 as well as companies associated with their directors, are ineligible to participate in the bidding process.
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