REPUBLICA KATHMANDU, Feb 20: The government awarded the contract to construct the tunnel of Melamchi Drinking Water Project (MDWP) on Thursday.
Officials of the MDWP and representatives from a group of two Chinese companies China Railway 15 Group Corporation and China CMIC Engineering Corporation signed the deal.
As per the agreement, the tunnel needs to be completed by 2013. The 26.3 kilometer long tunnel is to pump 170 million liters of water every day from Melamchi River in Sindhupalchowk district to Sundarijal in Kathmandu.
The selected Chinese companies proposed the total cost around Rs. 4.28 billion, which is 11.14 percent less than the estimated cost. Initially 20 companies applied for the contract. However, only four of the companies were qualified for the final bids.
The government also has a plan to pump additional about 350 million liters of water a day to Kathmandu from the same project in the next phase.

[Why Sigma]

- Lowest spreads in the forex market, No other broker offers such competitive spreads .
- Sigma is the only broker that allows you to customize your trading account as you wish.
- Maintaining the security of your money is a major objective at Sigma.
- Our devotion to our clients has made our firm a respected industry leader, that we have a strong commitment to maintain a long term relationship with our clients.
- Low margin requirement.
- Full Hedging capabilities.
- Sigma is a registered financial institution, and registered with the European registration authorities. The regulations set out into notice by these agencies are created to help ensure the safety of our clients’ deposits.
- We maintain enough liquid capital to meet the needs of the amount required to cover all client deposits, potential shift back and forth in the firm’s currency positions and outstanding expenses.
- We put forward our financial information to regulatory bodies on a weekly and monthly basis.
- In addition to all the above, Sigma holds all deposits with only highly reputable financial institutions. We are appreciate the trust of our clients place in us.

No comments:
Post a Comment