17 construction companies blacklisted, public projects banned
-
Media Baaji
- Fri, 17 October 2025
Kathmandu. The government has decided to blacklist 17 construction companies. The Public Procurement Monitoring Office under the Office of the Prime Minister and Council of Ministers issued a public notice on Thursday and said that those companies have been blacklisted for one to two years.
According to the office, according to Section 63 1 of the Public Procurement Act, 2063, those companies have been punished for violating the contract, not completing the work on time or leaving the construction work incomplete. The blacklisted companies will not be able to engage in construction work with any public body until the specified period is completed. As mentioned in the notice, some companies have been banned for one year and some for two years.
Express
Related News
The value of the US dollar, Euro and Australian dollar has increased, such is the exchange rate
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 147 rupees 92 paisa and the selling rate is 148 rupees 52 paisa. On Wednesda...
NEPSE decreased by 8.16 points today, turnover of 7 billion 94 crores
Kathmandu. On the first trading day of the week, the NEPSE index decreased by 8.16 points to 2662.91. During the day, 196 million 16 thousand 395 shares of 335 companies were bought and sold, with a turnover of 7 billion 94 million 27 million shar...
Sabhakhola 'B' hydropower project tunnel 'break through'
Kathmandu. The tunnel of the under-construction Sabhakhola 'B' hydropower project in Sabhapokhari Rural Municipality of Sankhuwasabha has been breached. The main tunnel of the 21.5 MW Sabha Khola project, which is under construction using Sabha Kh...
Emergency oil supply to ease energy market volatility
Kathmandu. The International Energy Agency has said that the member countries of Asia and Oceania region will immediately send oil from their emergency oil reserves to the market. It is said that such a step has been taken to reduce the instabilit...
The then managing director of Nepal Telecom, Poudel, was imprisoned for 8 years and 6 months
Kathmandu. The then Managing Director of Nepal Telecom, Sunil Paudel, has been sentenced to 8 years and 6 months imprisonment and a fine of Rs 1 crore 54 lakh 25 thousand 200 by the special court in the corruption case.
The bench of special...
6.20 billion turnover, a normal point growth in NEPSE
Kathmandu. On the third trading day of the week, NEPSE index increased by 1.52 points to 2641.43. During the day, 125 million 4970 shares of 320 companies were bought and sold, and 6 billion 209.4 million shares were traded.
Today, while the...