MCC in crisis: Transmission line project faces scrutiny due to error in determining actual cost

The cost of the transmission line project was estimated to be around USD 226 million but the lowest bid that MCA has received is USD 365 million. Now, with the government reluctant to accommodate the escalated cost, there is a lot of indecision on how the transmission line project will move forward. The post MCC in crisis: Transmission line project faces scrutiny due to error in determining actual cost appeared first on OnlineKhabar English News.

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CEO Albright hopeful of accomplishing MCC project on time

Chief Executive Officer of MCC, Alice Albright said she was confident and optimistic for timely completion of the MCC project.

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CEO Albright hopeful of accomplishing MCC project on time

Chief Executive Officer of MCC, Alice Albright said she was confident and optimistic for timely completion of the MCC project.

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MCC Nepal Compact program enters implementation stage

KATHMANDU, Aug 30: The Government of Nepal and the Millennium Challenge Corporation (MCC) have announced that the MCC Nepal Compact Program, which is going to be implemented jointly by the financial support of both, has entered the implementation phase. The announcement was made

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MCC tabled in parliament

KATHMANDU, Feb 20: The government tabled the Millennium Corporate Challenge (MCC) in parliament on Sunday. Minister for Information, Communication and Technology, Gyanendra Karki on the behalf of the Finance Minister Janardan Sharma tabled the MCC. With this, the $500 million American grant will now require general majority of parliament for ratification. Nepal had signed the compact with the United States of America in 2017.

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MCC ‘supporters’ take to street with ‘welcome MCC’ banners

Those joining the rally demonstrated placards and banners reading ‘Welcome MCC.’

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Ruling coalition divided over MCC

Disagreements have grown in the ruling coalition over the US aid project, the Millennium Challenge Compact (MCC).

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Ruling coalition divided over MCC

Disagreements have grown in the ruling coalition over the US aid project, the Millennium Challenge Compact (MCC).

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Finance minister meets MCC VP

Vice-President of the Millennium Challenge Corporation (MCC), Fatema Sumar, paid a courtesy call on Minister for Finance, Janardan Sharma.

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MCC officials arrive in Kathmandu

KATHMANDU, September 9: The officials of the Millennium Corporate Challenge (MCC) of the United States of America, Fatema Z Sumar, vice-president and deputy vice president for Compact Operations Jonathan Brooks of the Department of Operations of the Millennium Corporate Challenge (MCC) arrived in Kathmandu on Thursday morning . The officials are on their four-day visit to Nepal to discuss the MCC. MCC officials arrived in Nepal shortly after the MCC sent written answers to the queries that the government of Nepal had forwarded. The MCC has been awaiting rectification from parliament since 2017.

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MCC team reached Balkot to meet Oli

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