World Bank likely to pull the plug on $37m solar project in Nepal - News Summed Up

World Bank likely to pull the plug on $37m solar project in Nepal


The committee issued this instruction stating the previous procurement process had violated the provisions of the Public Procurement Act while appointing Chinese company Raijin Energy Co to install the solar plant. After the Chinese contractor was deemed “technically unqualified”, new NEA Managing Director Kulman Ghising decided to hand over the project to Raijin Energy. NEA Chief Ghising said the project is likely to be abandoned as the World Bank is highly unsatisfied with the time overrun. “Now, the project will go ahead only if the government decides to build the project on its own,” said Ghising. “We want NEA to start fresh bidding process and strictly follow the Public Procurement Act while appointing the contractor,” said Upadhyay.


Source: The Nation Bangkok August 02, 2017 02:37 UTC



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