125 contracts stopped due to fuel price hike
-
Media Baaji
- Mon, 20 April 2026
Chitwan. 125 contract works run by Infrastructure Development Office Chitwan have come to a halt. Due to the rising cost of essential items including fuel, it has become impossible to work on these contracts. According to the head of the office, Birendra Kumar Chaudhary, there are 267 projects in this office, and 217 of them are currently under contract. Out of them, 125 projects have come to a standstill, he said. According to him, the infrastructure development work has stopped due to the increase in fuel prices and the problem of shortage of vitamin 0 compared to the time when the contract was signed.
Chief Chaudhary said, "Construction professionals have submitted a letter to the office demanding a process to stop the 'construction holiday' projects of a nature that can be stopped immediately." He said that after the increase in the price of fuel, infrastructure construction is being affected due to the increase in prices in all sectors.
Although 50 projects are to be done by the consumer committee from this office, the work of those projects has not been completed. He said that the office is currently constructing 19 bridges and roads are being constructed under other projects.
Express
Related News
Drop in gold prices, how much per tola on Tuesday?
Kathmandu. There has been a huge fall in the price of gold in the Nepalese market. Today, gold has fallen by 3,800 rupees per tola. According to the Nepal Gold and Silver Traders Federation, gold has been fixed at Rs 2...
Rastra Bank is issuing 20 billion rupees bonds today
Kathmandu. Nepal Rastra Bank is going to issue bonds worth 20 billion rupees again today on January 23rd. The Central Bank is going to issue 'Nepal Rastra Bank Bond 2083 E' today. This bond will be discussed online till 2 pm today. The interest ra...
Solu Hydropower's IPO sale is open to the general public from today
Kathmandu. Solu Hydropower has opened the IPO sale for the general public from January 29th today. On October 24th, the company received permission from the Nepal Securities Board to issue 20 million ordinary shares worth Rs 2 billion at Rs 100 pe...
Exchange rate determination: The selling rate of US dollar exceeded Rs.151
Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currencies for Monday. According to the new rate set by the Central Bank, today the buying rate of one US dollar has reached 150 rupees 62 paisa and the selling rate...
Shangrila Development Bank declares 10 percent dividend
Kathmandu. The meeting of the board of directors of Sangrila Development Bank Limited held on the afternoon of 28th October has announced the dividend to the shareholders.
The meeting has announced that 5% bonus s...
NEPSE down 7.01 points, trading at 6.4 billion
Kathmandu. On the first trading day of the week, the NEPSE index decreased by 7.01 points and remained at the point of 2633.53. During the day, 1 crore 21 lakh 63 thousand 78 shares of 332 companies were bought and sold, and 6 billion 40 crore 23...