Nepal Tender and Business News

Hengtong Signed Nepal 220kV Transmission EPC Project

Hengtong, a Chinese power and fiber optic cable manufacturer, successfully signed a 220kV transmission line project with Nepal Electricity Authority, indicating the internationalization breakthrough of Hengtong in the land high voltage transmission line project.

BHEL Wins Order for Largest Hydro Electric Project in Nepal

Bharat Heavy Electricals (BHEL), an engineering and manufacturing company owned by the Indian government, has secured an order for the 900-megawatt (MW) Arun-3 Hydroelectric Project from SJVN Arun-3 Power Development Company (SAPDC) in Nepal.

Regional Cooperation A Must To Deal With Water Problems in South Asia

Climate change may be a major contributor to water problems in South Asia, with rapidly changing heat, rainfall, and flooding creating havoc. A second major problem is the lack of effective regional cooperation between Asian countries such as Bangladesh, Bhutan, China, India and Nepal.

NF Energy Signs Three New Contracts in Asia

NF Energy Saving Corporation, a China-based provider of energy conservation solutions, signed a $600,000 sales contract to supply valves to three companies in China, Vietnam and Nepal.

Sustainable Human Development Requires Far More Inclusion

Human development is progressing and has recently made major strides in many areas, but many are still left behind, with systemic and often unmeasured barriers to catching up. A new UN report urges a stronger focus on those excluded and on actions to dismantle these barriers to ensure sustainable human development for all.

Nepal Earthquake Still Paralyzing Country Almost 2 Years After

After two years, the devastation of Nepal's capital -- Kathmandu -- by the earthquake that hit April 25, 2015 continues to claim new victims. This time the cause is red tape in the government itself, blocking access to critical funds to rebuild and revive the economy.

Nepal's Banks and FICO Share Ways to Fight Digital Financial Crime

A major symposium was held in Kathmandu on February 3rd to discuss how to deal with the growing scourge of financial crimes in the new digital economy. The Nepal Banking Community along with FICO, a Silicon Valley based global financial decision making services firm, took a major role in the event.

Nepal Receives Training to Deal with Future Natural Disasters

When Nepal was hit in April 2015 by a 7.8 magnitude earthquake, the country's main airport became the primary conduit for the massive humanitarian aid response, coming in the form of supplies and rescue and relief teams. After so much heavy usage, only a week later runways were so badly damaged large aircraft could no longer land. A new DHL-sponsored training program is helping Nepal plan for the future.

Dire Warnings But Also Hope as IUCN Environmental Congress Opens

A congress billed as the world’s largest ever to focus on the environment has opened to warnings that our planet is at a “tipping point” but also with expressions of hope that governments, civil society and big business are learning to work together.

Bhutan's National Happiness Index is Impacting Regional Road Connectivity

Uniquely in the world, Bhutan has a ‘gross national happiness’ philosophy which it uses to guide government policy in a number of areas. That happiness philosophy, however, is creating some friction in the new BBIN infrastructure agreement connecting Bhutan with its “BBIN” neighbors.

Worldwide Cost of Lead Exposure in Developing Countries Almost $1B Annually

The problem of children around the world being exposed to lead -- and the many medical consequences of that -- is still significant even in the 21st century. A study just published by New York University shows the annual economic cost of lead exposure at $977 billion worldwide, with ~$700 billion of that happening just within Asia.

NGO Pledges $500 Million Towards Sustainable Development Goals

CMMB -Healthier Lives Worldwide– a leading international nonprofit health non-governmental organisation (NGO) – has pledged 500 million dollars to help implement the UN’s Sustainable Development Goals (SDGs)– with a specific focus on maternal, newborn, child and adolescent health.

RMB Reaches Nearly 40% Adoption Across Financial Institutions Worldwide

SWIFT data shows a double digit growth of RMB adoption by financial institutions established in all regions. In February 2016, 1,131 banks were using the RMB for payments with mainland China and Hong Kong, representing 37% of all institutions exchanging payments with mainland China and Hong Kong across all currencies.

Quake Fear Stalks Kathmandu

Early evening, there is a play of light and shadow over Kathmandu’s famous Durbar Square. The rising monuments, damaged by the April 2015 earthquake, appear as dark silhouettes while large flash lights streak through in between them.

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