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February 8: The government has revoked the contract with Italian company CMC di Ravenna for the construction of Melamchi Water Supply Project.</p>
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According to Rastriya Samachar Samiti (RSS), the executive director of the project, Surya Raj Kandel, confirmed Thursday (February 7) that the contract agreement signed with CMC has been revoked.</p>
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CMC di Ravenna had unilaterally pulled out of the much-hyped project about two months ago, reportedly due to the financial crisis of the company. Following the decision, the completion of the work had remained uncertain. RSS reported that the national pride project has been pushed to further uncertainties with the cancellation of agreement.</p>
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February 8: The government has revoked the contract with Italian company CMC di Ravenna for the construction of Melamchi Water Supply Project.</p>
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According to Rastriya Samachar Samiti (RSS), the executive director of the project, Surya Raj Kandel, confirmed Thursday (February 7) that the contract agreement signed with CMC has been revoked.</p>
<p>
CMC di Ravenna had unilaterally pulled out of the much-hyped project about two months ago, reportedly due to the financial crisis of the company. Following the decision, the completion of the work had remained uncertain. RSS reported that the national pride project has been pushed to further uncertainties with the cancellation of agreement.</p>
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Kandel told RSS that the contractor company unilaterally declared its disassociation from the project just when the project was about to complete.</p>
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Earlier on January 20, the government had written to CMC seeking its response within 14 days on why it should not revoke the contract for leaving the project site without prior notice. However, RSS reported that the government did not receive any official response within the deadline despite its efforts to continue the project with the same contractor firm.</p>
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February 8: The government has revoked the contract with Italian company CMC di Ravenna for the construction of Melamchi Water Supply Project.</p>
<p>
According to Rastriya Samachar Samiti (RSS), the executive director of the project, Surya Raj Kandel, confirmed Thursday (February 7) that the contract agreement signed with CMC has been revoked.</p>
<p>
CMC di Ravenna had unilaterally pulled out of the much-hyped project about two months ago, reportedly due to the financial crisis of the company. Following the decision, the completion of the work had remained uncertain. RSS reported that the national pride project has been pushed to further uncertainties with the cancellation of agreement.</p>
<p>
Kandel told RSS that the contractor company unilaterally declared its disassociation from the project just when the project was about to complete.</p>
<p>
Earlier on January 20, the government had written to CMC seeking its response within 14 days on why it should not revoke the contract for leaving the project site without prior notice. However, RSS reported that the government did not receive any official response within the deadline despite its efforts to continue the project with the same contractor firm.</p>
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According to Rastriya Samachar Samiti (RSS), the executive director of the project, Surya Raj Kandel, confirmed Thursday (February 7) that the contract agreement signed with CMC has been revoked.</p>
<p>
CMC di Ravenna had unilaterally pulled out of the much-hyped project about two months ago, reportedly due to the financial crisis of the company. Following the decision, the completion of the work had remained uncertain. RSS reported that the national pride project has been pushed to further uncertainties with the cancellation of agreement.</p>
<p>
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<p>
Earlier on January 20, the government had written to CMC seeking its response within 14 days on why it should not revoke the contract for leaving the project site without prior notice. However, RSS reported that the government did not receive any official response within the deadline despite its efforts to continue the project with the same contractor firm.</p>
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February 8: The government has revoked the contract with Italian company CMC di Ravenna for the construction of Melamchi Water Supply Project.</p>
<p>
According to Rastriya Samachar Samiti (RSS), the executive director of the project, Surya Raj Kandel, confirmed Thursday (February 7) that the contract agreement signed with CMC has been revoked.</p>
<p>
CMC di Ravenna had unilaterally pulled out of the much-hyped project about two months ago, reportedly due to the financial crisis of the company. Following the decision, the completion of the work had remained uncertain. RSS reported that the national pride project has been pushed to further uncertainties with the cancellation of agreement.</p>
<p>
Kandel told RSS that the contractor company unilaterally declared its disassociation from the project just when the project was about to complete.</p>
<p>
Earlier on January 20, the government had written to CMC seeking its response within 14 days on why it should not revoke the contract for leaving the project site without prior notice. However, RSS reported that the government did not receive any official response within the deadline despite its efforts to continue the project with the same contractor firm.</p>
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February 8: The government has revoked the contract with Italian company CMC di Ravenna for the construction of Melamchi Water Supply Project.</p>
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According to Rastriya Samachar Samiti (RSS), the executive director of the project, Surya Raj Kandel, confirmed Thursday (February 7) that the contract agreement signed with CMC has been revoked.</p>
<p>
CMC di Ravenna had unilaterally pulled out of the much-hyped project about two months ago, reportedly due to the financial crisis of the company. Following the decision, the completion of the work had remained uncertain. RSS reported that the national pride project has been pushed to further uncertainties with the cancellation of agreement.</p>
<p>
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<p>
Earlier on January 20, the government had written to CMC seeking its response within 14 days on why it should not revoke the contract for leaving the project site without prior notice. However, RSS reported that the government did not receive any official response within the deadline despite its efforts to continue the project with the same contractor firm.</p>
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According to Rastriya Samachar Samiti (RSS), the executive director of the project, Surya Raj Kandel, confirmed Thursday (February 7) that the contract agreement signed with CMC has been revoked.</p>
<p>
CMC di Ravenna had unilaterally pulled out of the much-hyped project about two months ago, reportedly due to the financial crisis of the company. Following the decision, the completion of the work had remained uncertain. RSS reported that the national pride project has been pushed to further uncertainties with the cancellation of agreement.</p>
<p>
Kandel told RSS that the contractor company unilaterally declared its disassociation from the project just when the project was about to complete.</p>
<p>
Earlier on January 20, the government had written to CMC seeking its response within 14 days on why it should not revoke the contract for leaving the project site without prior notice. However, RSS reported that the government did not receive any official response within the deadline despite its efforts to continue the project with the same contractor firm.</p>
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February 8: The government has revoked the contract with Italian company CMC di Ravenna for the construction of Melamchi Water Supply Project.
According to Rastriya Samachar Samiti (RSS), the executive director of the project, Surya Raj Kandel, confirmed Thursday (February 7) that the contract agreement signed with CMC has been revoked.
CMC di Ravenna had unilaterally pulled out of the much-hyped project about two months ago, reportedly due to the financial crisis of the company. Following the decision, the completion of the work had remained uncertain. RSS reported that the national pride project has been pushed to further uncertainties with the cancellation of agreement.
Kandel told RSS that the contractor company unilaterally declared its disassociation from the project just when the project was about to complete.
Earlier on January 20, the government had written to CMC seeking its response within 14 days on why it should not revoke the contract for leaving the project site without prior notice. However, RSS reported that the government did not receive any official response within the deadline despite its efforts to continue the project with the same contractor firm.
Under such circumstance, the government can withhold the bank guarantee amount of the company which is said to be Rs 2.65 billion. However, the company reportedly has to pay far more amount to the sub-contractors in Nepal.
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According to Rastriya Samachar Samiti (RSS), the executive director of the project, Surya Raj Kandel, confirmed Thursday (February 7) that the contract agreement signed with CMC has been revoked.</p>
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CMC di Ravenna had unilaterally pulled out of the much-hyped project about two months ago, reportedly due to the financial crisis of the company. Following the decision, the completion of the work had remained uncertain. RSS reported that the national pride project has been pushed to further uncertainties with the cancellation of agreement.</p>
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Earlier on January 20, the government had written to CMC seeking its response within 14 days on why it should not revoke the contract for leaving the project site without prior notice. However, RSS reported that the government did not receive any official response within the deadline despite its efforts to continue the project with the same contractor firm.</p>
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According to Rastriya Samachar Samiti (RSS), the executive director of the project, Surya Raj Kandel, confirmed Thursday (February 7) that the contract agreement signed with CMC has been revoked.</p>
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CMC di Ravenna had unilaterally pulled out of the much-hyped project about two months ago, reportedly due to the financial crisis of the company. Following the decision, the completion of the work had remained uncertain. RSS reported that the national pride project has been pushed to further uncertainties with the cancellation of agreement.</p>
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Earlier on January 20, the government had written to CMC seeking its response within 14 days on why it should not revoke the contract for leaving the project site without prior notice. However, RSS reported that the government did not receive any official response within the deadline despite its efforts to continue the project with the same contractor firm.</p>
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According to Rastriya Samachar Samiti (RSS), the executive director of the project, Surya Raj Kandel, confirmed Thursday (February 7) that the contract agreement signed with CMC has been revoked.</p>
<p>
CMC di Ravenna had unilaterally pulled out of the much-hyped project about two months ago, reportedly due to the financial crisis of the company. Following the decision, the completion of the work had remained uncertain. RSS reported that the national pride project has been pushed to further uncertainties with the cancellation of agreement.</p>
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Earlier on January 20, the government had written to CMC seeking its response within 14 days on why it should not revoke the contract for leaving the project site without prior notice. However, RSS reported that the government did not receive any official response within the deadline despite its efforts to continue the project with the same contractor firm.</p>
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According to Rastriya Samachar Samiti (RSS), the executive director of the project, Surya Raj Kandel, confirmed Thursday (February 7) that the contract agreement signed with CMC has been revoked.</p>
<p>
CMC di Ravenna had unilaterally pulled out of the much-hyped project about two months ago, reportedly due to the financial crisis of the company. Following the decision, the completion of the work had remained uncertain. RSS reported that the national pride project has been pushed to further uncertainties with the cancellation of agreement.</p>
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Earlier on January 20, the government had written to CMC seeking its response within 14 days on why it should not revoke the contract for leaving the project site without prior notice. However, RSS reported that the government did not receive any official response within the deadline despite its efforts to continue the project with the same contractor firm.</p>
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According to Rastriya Samachar Samiti (RSS), the executive director of the project, Surya Raj Kandel, confirmed Thursday (February 7) that the contract agreement signed with CMC has been revoked.</p>
<p>
CMC di Ravenna had unilaterally pulled out of the much-hyped project about two months ago, reportedly due to the financial crisis of the company. Following the decision, the completion of the work had remained uncertain. RSS reported that the national pride project has been pushed to further uncertainties with the cancellation of agreement.</p>
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Earlier on January 20, the government had written to CMC seeking its response within 14 days on why it should not revoke the contract for leaving the project site without prior notice. However, RSS reported that the government did not receive any official response within the deadline despite its efforts to continue the project with the same contractor firm.</p>
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February 8: The government has revoked the contract with Italian company CMC di Ravenna for the construction of Melamchi Water Supply Project.</p>
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According to Rastriya Samachar Samiti (RSS), the executive director of the project, Surya Raj Kandel, confirmed Thursday (February 7) that the contract agreement signed with CMC has been revoked.</p>
<p>
CMC di Ravenna had unilaterally pulled out of the much-hyped project about two months ago, reportedly due to the financial crisis of the company. Following the decision, the completion of the work had remained uncertain. RSS reported that the national pride project has been pushed to further uncertainties with the cancellation of agreement.</p>
<p>
Kandel told RSS that the contractor company unilaterally declared its disassociation from the project just when the project was about to complete.</p>
<p>
Earlier on January 20, the government had written to CMC seeking its response within 14 days on why it should not revoke the contract for leaving the project site without prior notice. However, RSS reported that the government did not receive any official response within the deadline despite its efforts to continue the project with the same contractor firm.</p>
<p>
Under such circumstance, the government can withhold the bank guarantee amount of the company which is said to be Rs 2.65 billion. However, the company reportedly has to pay far more amount to the sub-contractors in Nepal.</p>
<p>
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
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'content' => '<p>
February 8: The government has revoked the contract with Italian company CMC di Ravenna for the construction of Melamchi Water Supply Project.</p>
<p>
According to Rastriya Samachar Samiti (RSS), the executive director of the project, Surya Raj Kandel, confirmed Thursday (February 7) that the contract agreement signed with CMC has been revoked.</p>
<p>
CMC di Ravenna had unilaterally pulled out of the much-hyped project about two months ago, reportedly due to the financial crisis of the company. Following the decision, the completion of the work had remained uncertain. RSS reported that the national pride project has been pushed to further uncertainties with the cancellation of agreement.</p>
<p>
Kandel told RSS that the contractor company unilaterally declared its disassociation from the project just when the project was about to complete.</p>
<p>
Earlier on January 20, the government had written to CMC seeking its response within 14 days on why it should not revoke the contract for leaving the project site without prior notice. However, RSS reported that the government did not receive any official response within the deadline despite its efforts to continue the project with the same contractor firm.</p>
<p>
Under such circumstance, the government can withhold the bank guarantee amount of the company which is said to be Rs 2.65 billion. However, the company reportedly has to pay far more amount to the sub-contractors in Nepal.</p>
<p>
</p>
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February 8: The government has revoked the contract with Italian company CMC di Ravenna for the construction of Melamchi Water Supply Project.</p>
<p>
According to Rastriya Samachar Samiti (RSS), the executive director of the project, Surya Raj Kandel, confirmed Thursday (February 7) that the contract agreement signed with CMC has been revoked.</p>
<p>
CMC di Ravenna had unilaterally pulled out of the much-hyped project about two months ago, reportedly due to the financial crisis of the company. Following the decision, the completion of the work had remained uncertain. RSS reported that the national pride project has been pushed to further uncertainties with the cancellation of agreement.</p>
<p>
Kandel told RSS that the contractor company unilaterally declared its disassociation from the project just when the project was about to complete.</p>
<p>
Earlier on January 20, the government had written to CMC seeking its response within 14 days on why it should not revoke the contract for leaving the project site without prior notice. However, RSS reported that the government did not receive any official response within the deadline despite its efforts to continue the project with the same contractor firm.</p>
<p>
Under such circumstance, the government can withhold the bank guarantee amount of the company which is said to be Rs 2.65 billion. However, the company reportedly has to pay far more amount to the sub-contractors in Nepal.</p>
<p>
</p>
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