News

Hazama Ando seeks Rs 3.30 billion compensation for Nagdhunga Tunnel

KATHMANDU: The Japanese contractor Hazama Ando Corporation, which is building the national pride Nagdhunga–Sisnekhola Tunnel, has demanded Rs 3.30 billion in compensation, citing multiple challenges during construction. According to project officials, the company has claimed losses due to changes in…
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1,498 EVs imported via Korala, Rs 3 billion revenue collected

KATHMANDU: Around 1,500 electric vehicles (EVs) have been imported through the Korala checkpoint in Mustang within a month, generating nearly Rs 3 billion in customs revenue. According to the Mustang Customs Office, a total of 1,498 EV units were imported…
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Nagdhunga Tunnel Project gets third extension with 4% work remaining

KATHMANDU: The construction of the Nagdhunga–Sisnekhola Tunnel Project, listed as a national pride project, is unlikely to meet its extended completion deadline of October 25, as around four percent of the work remains unfinished. According to Project Director Saujanya Nepal,…