CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

26.14 % progress in Kathmandu-Terai Fast Track project

CEO Tab by CEO Tab
September 13, 2023
in Prime News
0
Govt ensures sufficient budget for Kathmandu-Tarai expressway
76
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

The Kathmandu-Terai Fast Track project (KTFTP) has completed 26.14 percent of the construction work in the past six years.

You might also like

Inflation Surges to 6.34% as Remittances and Foreign Reserves Rise

NEPSE Rises for Sixth Consecutive Day, Closes at 2,625.93

Share-Backed Loans Surge to Rs 167.85 Billion in Nepal

According to the Nepal Army, the work progress as of mid-July was around 26 percent. The financial progress of the road project is 28.11 percent.  

The Nepal Army has undertaken the construction of the fast track project that connects Khokana of Lalitpur to Nijgadh of Bara. The project began on April 25, 2017. The deadline of the project completion has been revised to mid-April, 2027. Out of 13 construction packages of 11 clusters, the packages numbered between 1 and 7 are under construction.

According to the KTFTP officials, the project is now working on assessment of tenders of its 8A, 9A and 9B packages, which include road segments between Makhkhubesi and Sisneri.  Likewise, the tenders for segments between Makhkhubesi and Mahadev Tar of the packages 8B and 10 have been opened recently.

Kamal Bikram Shah, chief of the KTFTP, said 95 percent of the packages have entered the process for implementation and procurement. According to him, about 41.57 percent of the tunnel-ways construction has been completed.

The length of the fast track road connecting Kathmandu to Terai is 72.5 kilometers in which 55.5 kilometers of roads, 6.41 kilometers of tunnels and 87 bridges with a total length of 10.59 km are being constructed. 

The project is estimated to acquire 15,416 topanis of land, including 10,244 ropanis of public land and 5,172 ropanis of private land. While 4,766 ropanis of private land has been taken for acquisition, still 406 ropanis is left for acquisition.

Likewise, a total of 38,664 trees are needed to be cut down to construct the infrastructure. As of now, 28,646 trees have been cut while clearance of the remaining 10,018 trees is in progress.

After the government handed over the project to Nepal Army, a total of Rs 49.23 billion has been spent as of the fiscal year 2022/23. In the current fiscal, the government has allocated Rs 22.51 billion for the project.  

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Inflation Surges to 6.34% as Remittances and Foreign Reserves Rise

by CEO Tab
October 15, 2026
0
Inflation Surges to 6.34% as Remittances and Foreign Reserves Rise

Nepal Rastra Bank’s report for the first two months of fiscal year 2026/27 shows rising inflation alongside improvements in remittance inflows, foreign trade, the current account and foreign...

Read more

NEPSE Rises for Sixth Consecutive Day, Closes at 2,625.93

by CEO Tab
October 15, 2026
0
NEPSE Rises for Sixth Consecutive Day, Closes at 2,625.93

The Nepal Stock Exchange (NEPSE) gained 4.67 points on Thursday to close at 2,625.93, extending its rally to six consecutive trading days. Daily turnover rose slightly to Rs...

Read more

Share-Backed Loans Surge to Rs 167.85 Billion in Nepal

by CEO Tab
October 15, 2026
0
Share-Backed Loans Surge to Rs 167.85 Billion in Nepal

Banks and financial institutions (BFIs) have increased lending against shares as collateral, with outstanding loans reaching Rs 167.85 billion by mid-September 2026, according to Nepal Rastra Bank (NRB)....

Read more

NTA Fines 14 Internet Service Providers Rs 50,000 Each for Violations

by CEO Tab
October 15, 2026
0
NTA Fines 14 Internet Service Providers Rs 50,000 Each for Violations

The Nepal Telecommunications Authority (NTA) has fined 14 internet service providers Rs 50,000 each for violating approved service packages, overcharging customers and failing to inform users about changes...

Read more

NEPSE Rises 21.32 Points as Daily Turnover Falls to Rs 4.13 Billion

by CEO Tab
October 14, 2026
0
NEPSE Rises 21.32 Points as Daily Turnover Falls to Rs 4.13 Billion

The Nepal Stock Exchange (NEPSE) rose by 21.32 points to close at 2,621.26 on Wednesday, while daily turnover declined to Rs 4.13 billion from Rs 4.73 billion on...

Read more
Next Post
Company registration processes to go online from Oct 2

Company registration processes to go online from Oct 2

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.