125 contracts stopped due to fuel price hike

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

Are you exchanging foreign currency? Here are the exchange rates (with list)

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the value of the US dollar has decreased. For Friday, the buying rate of one American dollar has been fixed at 140 rupees...

Question to the Minister of Finance: What source of income did you see and are you going to increase the salary of the employees?

Rusha Thapa

Kathmandu. More than five years have passed since cooperatives, microfinance, and finance collapsed. Now the crisis has started to appear in the bank as well. It has been the same time that the country has been in economic recess...