India gives 33 crore to Nepal for construction of Postal Highway

Kathmandu, May 31/ The Indian government on Tuesday handed over a cheque amounting Rs 33 crore to the Nepal Government for construction of a Postal Highway.

The amount was handed over to Secretary of Minister for Physical Infrastructure and Transport, Madhusudan Adhikari at Singha Durbar by Indian Mission to Nepal’s Deputy Chief of Mission Dr Ajay Kumar.

“The amount has been released towards 25% of the tendered cost (including 10% mobilization advance) of the two road packages of Birgunj-Thori Road being implemented under Postal Highway Project in Nepal with Government of India’s grant assistance.

With this payment, the Government of India has released a total of Rs 117.63 Crores to the Government of Nepal for implementing 14 packages of the Postal Highway Projects,” the Indian Embassy stated on its website.

Earlier this year, the Indian government granted assistance worth over Nepali rupees 100 crore on January 19, 2017, to the Nepal Government for the Dhangadhi-Bhajaniya-Satti and the Lamki- Tikapur-Khakraula roads.