My Republica

Rudra Pangeni

He is senior reporter with Republica and reports on economy, infrastructure, industry, trade, agriculture etc

Chinese contractor returns to project site after diplomatic lobbying

August 6, 2016 02:20 AM

KATHMANDU, Aug 6: Zhejiang Jinlun Electromechanic Co - the Chinese contractor for Kulekhani III's mechanical and electro mechanical works - have sent its representatives at the project site after a yearlong gap.

NEA's annual loss doubles to Rs 11.57 billion

August 4, 2016 00:20 AM

KATHMANDU, Aug 4: Annual loss of Nepal Electricity Authority (NEA) nearly doubled to Rs 11.57 billion in 2015/2016.

PAC's intervention delays Chamelia, likely to increase cost

August 1, 2016 01:20 AM

KATHMANDU, Aug 1: The cost of Chameliya Hydropower Project (30 MW) is likely to increase further, owing to delay because of the intervention by Public Accounts Committee (PAC) of the parliament.

Bentley caught under-invoicing

July 28, 2016 08:00 AM

KATHMANDU, July 27: A leather wallet costs as much as Rs 4,650 at Durbarmarg-based Bentley The Leather, but the price the importer declared at customs was only Rs 64.

Two China-built projects starting generation this year

July 23, 2016 02:00 AM

KATHMANDU, July 23: Two hydropower projects with combined installed capacity of 75 MW, promoted by two Chinese state-owned companies, are preparing to start generation in the coming few months.

Revenue only the bright spot in govt's economic report card

July 20, 2016 00:40 AM

KATHMANDU, July 20: The government achieved its revenue collection targets in Fiscal Year 2015/16. Apart from this, the government, however, has failed on all economic fronts.

‘Minister Yadav demanded Rs 10m for post of DG’

July 16, 2016 08:02 AM

KATHMANDU, July 15: Joint Secretary at the Ministry of Irrigation Sagar Kumar Rai has revealed that outgoing minister Umesh Kumar Yadav demanded a bribe of Rs 10 million in exchange for the post of director general at the Department of Irrigation (DoI).

Haphazard spending in the last week of fiscal year

July 16, 2016 02:10 AM

KATHMANDU, July 16: The government has spent Rs 34.46 billion in capital expenditure in the past eight days which is around 50 percent of the development budget spent in the rest of the fiscal year.

Govt undecided on how to handle Sikta collapse issue

July 14, 2016 02:30 AM

KATHMANDU, July 14: Though it has already been two weeks since a canal of Sikta Irrigation Project crumbled, the government neither knows the reason behind the collapse, nor is clear about its future move on the issue.

Districts getting more tourists given less budget

July 12, 2016 02:25 AM

KATHMANDU, July 12: Rasuwa district is one of the popular destinations for foreign tourists. Based on foreign tourist footfall, the district should have been in government's priority while allocating budget for district-wise tourism infrastructure development projects. But such is not the case.

String of disasters curtail Upper Bhotekoshi's capacity

July 8, 2016 01:35 AM

KATHMANDU, July 8: The Bhotekoshi River flowed over Upper Bhotekoshi Hydropower dam following the Tuesday' flash flood in the river.

4.5 percent of Rs 23 billion irrigation budget for minister's district

July 6, 2016 01:20 AM

KATHMANDU, July 6: The budget allocated district-wise for irrigation and coping with water-induced disasters in the next fiscal year has been increased disproportionately in Saptari, home district of Minister for Irrigation Umesh Yadav. He was elected from Saptari constituency no. 3 on a CPN (Maoist Centre) ticket.

World Bank objects to change in quake grant modality

July 1, 2016 07:14 AM

KATHMANDU, June 30: The World Bank has objected to the government’s revision of the housing grants tranches, stating that such revision is against global best practices in post disaster reconstruction and build back better principles.

Govt embracing e-Payment system from July 16

June 29, 2016 09:45 AM

KATHMANDU, June 26: Government offices in Kathmandu Valley are adopting electronic bill payment system from July 16.

Development spending on downward course

June 29, 2016 01:15 AM

KATHMANDU, June 29:Development spending is on a downward trend over the past five years, government statistics shows.

Brexit may impact Nepal's trade, tourism, aid medium-term: Experts

June 25, 2016 00:54 AM

KATHMANDU, June 25:The effects of the United Kingdom's referendum vote to leave the European Union are yet to be felt in Nepal, apart from a jump in the price of gold in the local market. The yellow metal rose Rs 3,000 per tola on Friday soon after the Brexit poll results came out.

Food balance lowest in seven years

June 24, 2016 02:20 AM

KATHMANDU, June 24: Nepal will have only 30,000 tons of food grains in balance in 2016/17 - the lowest in the past seven years.

High ATF price hindering plan to increase Ktm flights: Turkish Airlines

June 23, 2016 11:00 AM

ISTANBUL, June 23: Turkish Airlines has said that it will increase flights to Kathmandu if price of aviation turbine fuel in Tribhuvan International Airport (TIA) in Kathmandu is reduced in line with drop in price in global oil market.

High ATF price hindering plan to increase Ktm flights: Turkish Airlines

June 23, 2016 02:45 AM

ISTANBUL, June 23:Turkish Airlines has said that it will increase flights to Kathmandu if price of aviation turbine fuel in Tribhuvan International Airport (TIA) in Kathmandu is reduced in line with drop in price in global oil market.