Court Order Paves Way to Accelerate Melamchi Project

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Court Order Paves Way to Accelerate Melamchi Project

December 28: Patan High Court has issued an order against the writ petition filed by the Italian company CMC di Ravenna, paving way for the Ministry of Water Supply and Sanitation to expedite the works of the much-awaited Melamchi Water Supply Project. 
The Italian company had filed a writ petition demanding to invalidate the ministry's decision to confiscate the bank guarantee that CMC is to get for the construction, according to Rastriya Samachar Samiti (RSS). 
The works of the national pride project has been halted after the CMC all of a sudden stopped construction. 
The Ministry on Thursday issued a press statement informing that the division bench of justices Prakash Kumar Dhungana and Krishna Bahadur Thapa issued a verdict quashing the interim order issued earlier to stay the ministry’s decision. 
On December 17, the Italian company had unilaterally submitted a letter to the ministry that it had terminated the contract. 
The ministry then restricted the release of the company's bank guarantee of Rs 2.56 billion at Nepal Investment Bank of Durbar Marg and Standard Chartered Bank of New Baneshwar, the RSS reported. The last date of the bank guarantee is December 31. 

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