By Prithvi Man Shrestha in The Kathmandu Post, Oct 14, 2023The Millennium Challenge Account Nepal (MCA-Nepal) has cancelled all the bids it received for the construction of a 315-km 400kV transmission line, marking a major setback in implementing the Millennium Challenge Corporation (MCC) Compact. It was compelled to take the decision after all the bidders quoted prices higher than the estimated cost of the project. MCA-Nepal, a special purpose vehicle set up for implementing the…
Posts tagged as “bidders”
by Prithvi Man Shrestha in The Kathmandu Post, Sep 25, 2023Questions were raised from various quarters after the date for the MCC Compact’s entry-into-force was fixed for August-end even as land acquisition has yet to begin for the transmission line project to be implemented under the US programme. Acquiring land has been a persistent challenge for infrastructure projects, particularly transmission line projects. The compact entering into force on August 30 means the projects should be…