20 builders and suppliers blacklisted
-
Media Baaji
- Sat, 7 November 2026
Kathmandu. The Public Procurement Monitoring Office has blacklisted 20 builders and supplier companies based on the recommendations received from various government agencies. The office issued a public notice today and announced the names of the companies under action and the ban period.
According to the section 63 sub-section 1 of the Public Procurement Act, 2063, these companies have been blacklisted with effect from the date of publication of the notice.
The blacklisted builders and suppliers are completely banned from participating in the public procurement process for a minimum of one year six months to a maximum of two years depending on the nature of their offence.
Related News
Foreign currency exchange rate set for today
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the buying rate of one US dollar has been fixed at 150 rupees 87 paisa and the selling rate is 151 rupees 47 paisa. The bu...
Demat accounts in Nepal crossed 77 lakhs, 26 percent were linked to stock market
Kathmandu. According to the Nepal Capital Market Development Roadmap, 2083 recently published by the Nepal Securities Board, the number of demat 9 beneficiary accounts in Nepal has reached 77 lakh 66 thousand five hundred and 65. Around 1.7 lakh d...
Adding date of commercial production of hydropower projects
Kathmandu. The Nepal Electricity Authority has prepared to add RCOD to the final date for starting commercial production of hydropower projects that have not been able to start commercial production due to various reasons despite the PPA.
Th...
The NEPSE index fell by 26.07 points, trading at 11.97 billion
Kathmandu. On the second day of the week today, the stock market has seen a decline. NEPSE index decreased by 26.07 points to 2798 points. Today, the transaction amount has also decreased. The previous day's turnover was 14.35 billion rupees, but...
Money Laundering Act has been amended to prevent complaints from becoming a weapon: Finance Minister Wagle
Kathmandu. The government has amended the controversial provision made through an ordinance in the Prevention of Asset Laundering and Money Laundering Act and returned it to the old legal system. Finance Minister Dr. Swarnim Wagle has said that so...
Snow Rivers has received approval from the Securities and Exchange Board for the IPO issue
Kathmandu. Snow Rivers Limited has received permission from Nepal Securities Board for IPO issue. The board has given permission to the company for the IPO issue on Sunday, January 18th. With the permission of the board, Snow Rivers will now...