KATHMANDU, Nov 16: Sipradi Trading Pvt Ltd has been awarded the Super Platinum Award presented by Confederation of Nepalese Industries in association with Frost and Sullivan.
The award was handed over to representatives of Sipradi Trading Pvt Ltd amid a program organized in Kathmandu on Tuesday.
SBI Bank was the first runner-up of the Super Platinum Award, while Mega Bank Nepal received Gold Award while CG Brewery Nepal Pvt Ltd and Ghorahi Cement Pvt Ltd received Silver Award.
The business excellence award was distributed in four categories -- emerging business, medium scale business, large-scale business and mega business.
Other business houses honored with certificate of appreciation in the award ceremony were Chandragiri Hills Limited, Alfa Beta Institute Pvt Ltd., NMB Bank Limited, Tele Talk Private Limited and NIBL Capital Markets Limited.
Frost and Sullivan, a global consulting firm headquartered in California, USA, had provided technical expertise on evaluation of the businesses.
Factors like company's commercial plan, implementation of the plan, service delivery, service quality, customer's satisfaction, level of profits, contribution to the government revenue, activities of corporate social responsibility and efforts taken to reduce per unit costs among others were looked into in the selection process, according to CNI.
Former chairman of cabinet Khil Raj Regmi handed over the awards.