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
What is the foreign currency exchange rate on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 140 rupees 93 paisa and the selling rate is 141 rupees 53 paisa. Similarly,...
Heavy damage to power sector due to Bhotekoshi flood, 12 projects of 431 MW closed
Kathmandu. About 10 percent of the country's total power generation capacity has been affected due to the floods in the Bhotekoshi River in Rasuwa. After the floods caused great damage to power generation, transmission and distribution structures,...
Damage worth 1 billion in the metropolis alone during the Genji movement
Biratnagar. During the Genji movement, Biratnagar Metropolitan City's physical structure and other goods were damaged to the tune of nearly 1 billion rupees. According to Mayor Nagesh Koirala, there has been damage to...
A general decline in NEPSE, turnover of 8.69 billion
Kathmandu. On the fourth trading day of the week, the NEPSE index decreased by 0.04 points and remained at the point of 2662.09. Today, 222 million 82 thousand 50 shares of 329 companies were bought and sold, and 8 billion 69 million 22 million sh...
Collect taxes by making the tax payers happy, not by suppressing them: Finance Minister Wagle
Kathmandu. Finance Minister Dr. Swarnim Wagle has instructed the tax administrators to collect the tax by making the tax payers happy. He gave this instruction while addressing the tax officers under the department across the country at the Intern...
Now mortgage mortgage online
Kathmandu. Government of Nepal, Land Management and Records Department is going to make the online mortgage bond system compulsory in the land office. This step has been taken to make the service fast, convenient, and middleman-free in line with t...