Nepal Rastra Bank (NRB) has invited global tenders for the design, minting and transportation of coins in denominations of Re 1 and Rs 2.
The Currency Management Department of NRB has called for sealed bids from international security minting companies. Under the plan, the central bank intends to mint 400 million Re 1 coins and 300 million Rs 2 coins, totaling 700 million coins.
According to the tender notice, individuals or entities blacklisted under the Public Procurement Act, 2006, as well as companies associated with their directors, will not be eligible to participate in the bidding process.
