20 builders and suppliers blacklisted
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.
Express
Related News
Sanima Middle Tamor Hydropower's dividend declaration, general meeting call
Kathmandu. Sanima Middle Tamor Hydropower Limited is going to distribute 5.263 percent cash dividend to the shareholders. The meeting of the board of directors of the company has proposed to distribute the dividend from the distributable accumulat...
A huge increase in the price of gold, how much is the transaction?
Kathmandu. On the first trading day of the week, the price of gold rose in the Nepali market on Sunday. Today, gold has increased by 9 thousand 500 rupees. Gold which was traded at 2 lakh 91 thousand rupees on Friday is being traded at 3 lakh 500...
Demand for electricity during Lakshmi Puja will reach 1,700 MW
Kathmandu. Nepal Electricity Authority has predicted that the production will be more than the maximum demand of electricity during this year's Tihar. According to the authority, it is estimated that the maximum demand for electricity will reach 1...
Stock markets rose by double digits, greener on Bikas Bank and Hydropower indices
Kathmandu. On the third day of the week, i.e. Tuesday, the stock market has increased by double digits. Today, the NEPSE index increased by 13.51 points to 2812.34 points. In the stock market today, 348,520,000 shares of 340 companies of various s...
What is the exchange rate of which foreign currency on Tuesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 81 paisa and the selling rate is 147 rupees 41 paisa. Similarly,...
Courage Energy and NRN Infrastructure have applied to the Securities and Exchange Board to issue 100 percent rights.
Kathmandu. Two companies have sought permission from the Nepal Securities Board to issue rights. Courage Urja Limited and NRN Infrastructure Development Limited have applied to the board demanding issuance of rightful shares at 100 percent rate.&n...


