Contracts of 25 construction companies that did not work according to the contract were terminated
-
Media Baaji
- Mon, 17 November 2025
Kathmandu. The government has terminated the contract with 25 construction companies that did not complete the construction as per the contract. Federal Road Supervision and Monitoring Office Kathmandu under the Road Division Kathmandu has informed that the contract has been broken with 25 construction companies that did not complete the construction on time.
The office said that the contract was broken because the work could not be completed within the stipulated period despite repeated requests. Minister of Energy, Water Resources and Irrigation, Physical Infrastructure and Transport and Urban Development, Kulman Ghising, instructed the subordinate agencies to break the sick contracts to end the trend of taking contracts but not working and stalling the projects.
Earlier, the Road Division Office, Kathmandu, had asked for an explanation from the 25 construction businessmen concerned on October 11th as to why they would not terminate the contract. As the answer to the explanation was not satisfactory, the contracts from the financial year 2067-68 to 2079-80 have been canceled today.
Related News
Young farmer's strawberry farming in Dang flourishing, business worth lakhs
Kathmandu. Due to agricultural technology and professional thinking, strawberry cultivation has started to flourish in Ghorahi area of Dang. Dasharath Saud, 27 years old from Kailali, has been doing business of lakhs from his strawberry farm on...
NEPSE rose by 28.73 points, turnover 6.47 billion
Kathmandu - On the second trading day of the week, NEPSE index increased by 28.73 points to reach 2639.37 points. 6.47 billion rupees were traded when 12.4 million shares of 335 companies were bought and sold. While the share price of 214 companie...
Share prices of these 10 companies increased the most on Thursday
Kathmandu. Nepal Stock Exchange NEPSE increased by 7.50 points to 2597.80 points. Today, when 94 lakh 69 thousand shares of 371 companies were bought and sold, the turnover was 4 billion 56 crore 29 lakh rupees. On Thursday, while the share price...
What is the exchange rate of which foreign currency on Sunday?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Sunday. According to the fixed exchange rate, the buying rate of one US dollar is 144 rupees 37 paisa and the selling rate is 144 rupee...
What is the exchange rate of foreign currency on Thursday?
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 141 rupees 45 paisa and the selling rate is 142...
The search for those trapped in the Chilime Tunnel in Rasuwa continues: Rescue teams worked throughout the night to remove debris and debris.
Rasuwa The search and rescue of workers and technicians trapped in the Chilime tunnel area in Rasuwa has continued throughout the night. The rescue team continued to remove mud, mud and large debris accumulated near the tunnel throughout the night...