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Government introduces Bill Discounting Facility to expedite contractor payments

Government introduces Bill Discounting Facility to expedite contractor payments

Contractors working on government projects can expect to receive their payments on time. The financial institutions introduced a new service, the Bill Discounting Facility today. This service is designed to expedite payments to contractors who usually experience delays in receiving payment upon completion of their work due to prolonged processes. However, with this facility, contractors will be able to present...

Khorlochhu Hydropower Project takes off with Nu 16.8bn contracts

Khorlochhu Hydropower Project takes off with Nu 16.8bn contracts

The 600-megawatt Khorlochhu Hydro Power Project took a major step forward with the signing of four contracts worth Nu 16.8bn on 10th January. The contracts will cover the construction of a dam and powerhouse. The two main shareholders, Druk Green Power Corporation and Tata Power Company Limited, also held their first general and board meetings in Trashi Yangtse, appointing the...

Deteriorating road conditions on Dewathang-Samdrupchhoeling highway raise safety concerns

Deteriorating road conditions on Dewathang-Samdrupchhoeling highway raise safety concerns

A six-kilometre stretch of the road between Martang and Ashikhar village on the 48-kilometre Dewathang-Samdrupchhoeling Highway has been flagged as one of the worst sections of the route. The severely deteriorated road conditions have raised safety concerns among commuters and residents, prompting calls for urgent government action to address the issue. The residents of Martang and Ashikhar villages claim that...

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