Nepal plans new road tunnel to connect Kathmandu with China

Kathmandu, January 5 Whereas the new left alliance-led government is expected to prioritise connectivity with China, the Department of Roads has prepared a proposal to construct a road tunnel that will bring Rasuwagadhi border point even closer to the capital, Kathmandu. If the tunnel from Tokha of Kathmandu to Chhahare of Nuwakot district is constructed as planned, one can reach Rasuwagadhi border from Kathmandu within two and half hours, driving, according to officials. The tunnel will be just 4.2...

Govt prepares plan to connect every local unit to electricity transmission line

Kathmandu,Jan 4:Karobar informs that the government has prepared a plan to connect all local units of the country to the electricity transmission line. It has been estimated that the project will cost Rs 200 billion whereas 694.2 megawatt energy will be produced. The report prepared by a consulting company appointed by Nepal Electricity Authority, however, does not include local units which are already producing more than 500 megawatt power, the newspaper informs.

Govt hikes petroleum price hike

Kathmandu,Jan 2:Almost all newspapers have given the front-page space to the decision of Nepal Oil Corporation to increase the price of petroleum products on the basis of change in price in the international market. According to the government-run fuel distributor’s decision, a cylinder of cooking gas now costs Rs 1,375, which is Rs 25 more than its previous price. The price of diesel, petrol and kerosene has gone up by Re 1 per litre, the Corporation’s spokesperson Birendra Goit...

‘Breakthrough’ in Melamchi project tunnel

Helambu, Sindhupalchok, Jan 01: A breakthrough has been made in the much-anticipated Melamchi Drinking Water Project yesterday with the opening of the 8.2 kilometres long second section of the project’s tunnel. The tunnel from Ambathan to Gyalthum of the Helambu rural municipality was opened today. Helambu is where the Melamchi river originates. The Melamchi project aims to bring the water from the Melamchi stream to Kathmandu valley. Before this, the breakthrough of the 9-kilometres tunnel from Sindhu to Sundarijal...

Rs 7.5 million appropriated for tea farming

Bhojpur, Dec 29 : A big amount is allocated for tea farming at Aamchowk rural municipality in Bhojpur district. Rural municipality chair Ashok Rai said that the budget was appropriated in a way to provide economic and technical support to the tea farmers. The first meeting of the rural municipality council after the formation of local government had allocated Rs 7.5 million for up-scaling the tea farming. Bhojpur is considered to have high potential for tea farming. (RSS)

IBN, Chinese Cement Company sign PIA

Kathmandu, Dec 27 (RSS): Investment Board of Nepal (IBN) and Chinese company Huaxin Cement Narayan Pvt Ltd signed the project investment agreement (PIA) on Wednesday in Kathmandu. Chief Executive Officer of IBN Maha Prasad Adhikari and Huaxin’s Overseas Development Director Liu Jianguo signed the PIA, IBN’s Spokesperson Uttam Bhakta Wagle said. The IBN had decided to approve Rs 15 billion foreign direct investment (FDI) for the establishment of the company. Likewise, approval has been given to excavate limestone from...

NEA CEO Ghising off to New Delhi to renew power pact

Kathmandu, Dec 27: A high-level team comprising Nepal Electricity Authority (NEA) Chief Executive Officer Kulman Ghising has left for New Delhi, India today with a mission of renewing the power purchase agreement with the southern neighbour. The term of the agreement ends on December 31. The agreement relates to the purchase of 145 Megawatts power that Nepal has been importing from India through the inter-country Dhalkebar-Muzaffarpur transmission line. Nepal is importing power from India at the rate of Indian...

Taxi service now available from Bhojpur to Dharan

Bhojpur, Dec 27: Taxi service has been started from Bhojpur to Dharan and vice-versa. Taxi service came into operation from today at the joint initiative of the Sagarmatha Taxi Entrepreneurs Association, Bhojpur and Sunsari Taxi Entrepreneurs Association. As per the agreement reached between the two associations, every day three Taxis will leave for Dharan from Bhojpur and an equal number of taxis from Dharan to Bhojpur. The taxi fare for the whole route has been fixed at Rs. 1,050...

Oman ready to co-operate to organize Oman-Nepal business Conference

Kathmandu, Dec 26: Ambassador of Nepal to Sultanate of Oman Sarmila Parajuli Dhakal held a meeting with Under Secretary of the Ministry of Commerce & Industry of Oman Ahmed Hassan Al-Dheeb on 25th December 2017 at latter’s office. Under Secretary Al-Dheeb welcomed Ambassador Dhakal and expressed happiness over the excellent state of bilateral relations between the two countries. The Ambassador briefed the Under secretary on the latest political developments giving high importance on how Nepal after completing a long...

Footwear exhibition from December 29

Kathmandu, 25 (RSS): The Footwear Manufacturers’ Association Nepal is organizing an exhibition cum sale of footwear and leather goods in the capital from coming December 29. There will be 135 stalls in the fair that will run until January 4, 2018, according to the Association Chair Rabin Kumar Shrestha. The exhibition has been organised to promote domestic footwear and leather goods industry. There are 1501 footwear industries under operation in Nepal, which provide direct employment to around 50,000 people....

FreeCurrencyRates.com

© 2016 The Himalayan News. All Rights Reserved...