Preoccupation with avoiding debt-trap has dominated the discourse on China’s Belt and Road Initiative (BRI) preventing Nepal from developing concrete plans, experts pointed out during a roundtable discussion organised by SAWTEE-Centre for Sustainable Development (CSD), here, today.
Bangladesh is going to be a huge market for Nepal's hydropower as recent both the countries signed and exchanged energy related Memorandum of Understandings (MoU) between the two countries, according to Minister of Energy, Water Resources and Irrigation.
The government has forwarded the process to construct railways giving top priority. It is stated that the modality for the DPR of Kerung-Kathmandu railway would be finalized within six months.
The participants of the ongoing Investment Summit-2019 have stressed on investment in hydro resources in Nepal, referring it's potential to be one of the important foundations for the prosperity in South Asia.
Owing to sheer ignorance of contractors, nine suspension bridges being constructed in the district has been in limbo. The construction of the suspension bridges has remained uncertain due to contractor's ignorance in the supply of materials. In a severe breach of the contract, the construction of the bridges linking different villages in the district has exceeded the stipulated timeline.
More than Rs 7.5 million has been collected from the 'Swarnim Shreemad Bhagawat Bhakti Satsang Mahayagya-2075', a religious programme, organised at Chattre Pati Kharka at Bethanchowk Rural Municipality ward no 4 in Kavrepalanchowk district. The Maha Yagya was organized by the Tileshower Temple Conservation Committee to collect funds for reconstruction of the Tileshwor Temple.
The meeting of the experts from Nepal and India has failed to reach an agreement on some major issues relating to the construction of the Pancheshwor Multipurpose Hydropower Project.
Minister for Energy, Water Resources and Irrigation, Barsha Man Pun, has said electricity would be expanded to cover the entire country within the next three years.
The Government of India has proposed for the construction of Lower Arun Hydropower Project bearing the capacity of 400 MWs. In a meeting with Minister for Energy, Water Resource and Irrigation Barshaman Pun at New Delhi on Monday, Indian Minister of State for Power Raj Kumar Singh put forth a proposal that the new project can be developed adopting the same model of 900-MW Arun 3rd project.
Nepal Infrastructure Bank has on Monday received operating license as a National Level Infrastructure Development Bank from Nepal Rastra Bank.ices offered by the bank.
A procurement process has begun to materialise the government plan of launching the railway service from Kurtha of Janakpur to Jaynagar of India.
The Kathmandu Metropolitan City (KMC) which had planned to construct eight overhead bridges in eight different places in Kathmandu has sprung into action to build two such bridges in the first phase in the current fiscal year.
Construction of the 43 kilometers Bogatan road that will link Dipayal has yet to be completed 33 years after the foundation stone was laid for the project. Of the total 108 kilometers for which the foundation stone was laid, 43 kilometers track is yet to be opened, said Roj Bahadur Kalel of Badikedar Rural Municipality. "I was a kid when construction of the road started. Now I am ageing, but the road is still not completed," he said. Promises of political leaders come and go. Once they get elected, their promises die with it. They never look back at villages at least until next elections, complained the locals.