Situated in Laxmipur VDC of Dang, the industry with the production capacity of 1,100 metric tons (MT) of clinkers per day plans to use 95 percent local labor and resources. [break]
“But we may not meet the target as the road from Katuwakhola to Loharpani - through which we plan to transport limestone and coal - is not in a good condition and the Nepal Electricity Authority (NEA) isn´t doing anything concrete to provide us 8 MW of electricity despite written commitments,” the company said in a statement on Friday.
The industry has requested the government to widen and upgrade the road and take initiative in providing electricity as promised. It plans to use modern technology to control pollution and use tires, rice husks and wood dust as fuel.
The company is planning to raise its production capacity to 2,000 MT per day once it starts production. “This will prevent cement imports worth Rs 10 billion annually,” the statement added.
Asian Life Insurance in third year
KATHMANDU, April 2: Asian Life Insurance Company Ltd has entered into third year of operation.
The company that started its transaction from Kathmandu two years ago now has a network of 20 branches and 38 contact offices.
In its two years of operation, the company operated training programs in 75 districts and trained about 25,000 insurance agents. The company collected Rs 850 million as premium during the period, according to a statement issued on Friday.
Vigor announces bumper winner
KATHMANDU, April 2: Vigor Power energy drink on Friday gave away laptop as a bumper prize to Manju Sapkota of Dillibazar under ´Vigor Drink and Win Contest´ organized by the company.
Issuing a press statement, Mona´s Trading House, the authorized distributor of Vigor Power Energy Drink in Nepal, said it would award a lucky winner every month and has also been giving away attractive prizes and gifts on weekly and daily basis.
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