India grants Rs 2.76 cr to Nepal school building

30 Mar 2021 CW Staff

India has extended a grant of Rs 2.76 crore (Nepali Rs 44.17 million) to Nepal for the construction of a new building for Naharpur Secondary School at Butwal-11 in Rupandehi district under the Nepal-Bharat Maitri Development Partnership as part of India's High Impact Community Development Project.

A memorandum of understanding (MoU) for the construction was signed by the Head of Development Partnership and Reconstruction Wing of the Indian Embassy, Ministry of Federal Affairs and General Administration, Nepal and Butwal Sub Metropolitan City, Rupandehi, according to the Indian Embassy in Kathmandu.

Since 2003, India has completed 446 projects across all seven provinces of Nepal in the areas of health, education, drinking water, connectivity, sanitation and creation of other public utilities under the High Impact Community Development Projects programme, earlier known as Small Development Projects.

Out of these, 41 are in Province-5, including 10 completed projects in Rupandehi District, and nine projects are under various stages of completion in province five, including one in Rupandehi District.

The Indian Embassy said in a statement that India is also reconstructing 71 educational institutions damaged during the 2015 earthquake in eight districts of Nepal under a reconstruction grant of Rs 365 crore (Nepali Rs 5,800 million).

As many as eight schools have already been completed, work on 62 schools is ongoing, and the Tribhuvan University Central Library project is under tender process.

Image Source

Also read: India signs up to boost infra projects in Maldives

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..