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Sunday, October 24, 2021
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    Infrastructure

    Nepal receives control of the Jayanagar-Kurta border railway from India.

    The 35-kilometer-long Jayanagar-Kurta border narrow gauge railway has been transformed into a broad gauge railway with financial assistance from the Government of India, and India has handed over the railway to the Government of Nepal once the construction project...

    Physical infrastructure worth Rs 1.30 billion is damaged as a result of rain-induced disasters.

    The recent floods and landslides that happened as a result of the country's constant rains have caused estimated damage of Rs 1.30 billion to the country's physical infrastructure, which includes roads and bridges, among other things. It has been predicted...

    Nepal Infrastructure Bank (NIFRA) Reduces Dividend and Proposes Bonus Shares in Place of Cash Payments

    It has been decided to alter the dividend proposal of Nepal Infrastructure Bank Limited (NIFRA). The corporation had earlier requested an 8.5 percent cash dividend for the fiscal year 2077/78, which was approved by the shareholders. The board of directors...

    Entrepreneurs are being urged to construct infrastructure to replace LPG with electricity, according to the Energy Minister

    Pampha Bhusal, the Minister of Energy, Water Resources, and Irrigation, has challenged entrepreneurs to build structures that will allow all sorts of home appliances to be operated with electricity within the next year. She mentioned this at a pleasantries exchange...

    CFN and passengers are concerned about an increase in transportation fares.

    Passengers and the Consumers' Forum Nepal (CFN) have expressed their dissatisfaction with the increase in public transportation rates implemented by the Bagmati Provincial Government. Roshan Pokharel, a central member of the CFN, has called for the cancellation of the fare...

    Nepal and India have agreed to build a railway between Kathmandu and Raxaul

    In New Delhi on Thursday, Nepal and India signed a memorandum of understanding to create a thorough project report for a proposed $3.15 billion railway between Kathmandu and the Indian border town of Raxaul in the south. The broad-gauge line...

    Three months after taking office, Deuba gives his administration its final structure.

    Ministers and state ministers were appointed by Prime Minister Sher Bahadur Deuba on Friday, nearly three months after he took office. The appointments included 16 new cabinet members and two state ministers. The President's Office has issued a statement regarding...

    The cost of public transportation in the Kathmandu Valley has increased

    Increases in public transportation fees have been implemented by the Bagmati Province's Ministry of Physical Infrastructure Development (MoPID) in the Kathmandu Valley as well as in the province's other 13 districts. A significant hike in fares outside the Kathmandu Valley,...

    The private sector has demanded that the MCC be approved.

    The Millennium Challenge Corporation has endorsed the Nepal-US Cooperation Project, which was requested by private sector business organisations (MCC). In a joint statement made on Wednesday, several organisations, including the Federation of Nepalese Chambers of Commerce and Industry, the...

    According to a new report, China’s Belt and Road plans are losing pace as criticism and debt increase

    New research shows that China's massive Belt and Road Initiative (BRI) is in danger of losing pace as opposition in targeted nations grows and debts accumulate, clearing the path for alternative projects to force Beijing out, according a new...

    Latest News

    Nyadi Hydropower’s IPO Allotment Concludes

    The initial public offering (IPO) of Nyadi Hydropower Limited has been completed today at the Naxal office of issue...