Hetauda Cement Industry resumes production from today

The Hetauda Cement Industry has resumed production from today after a gap of nearly five months.

It is said that cement production, which was halted due to lack of electricity required for the industry, has resumed with the supply of electricity.

Officiating General Manager of the Industry, Nabin Kumar Karna, said that the industry needs eight megawatts of electricity per day to crush limestone.

Currently, 1,900 metric tons of coal required by the industry has been kept in stock. In the second phase, preparations are underway to procure about 4,000 metric tons of coal through the bidding process, Karna said.

The factory, established at Lamsure of Hetauda in 2033 BS, was inaugurated after a decade in 2043 BS. At that time, Rs 1.5 billion was invested in the Hetauda Industry.

At present, 195 people are currently employed in the administrative, trade, accounts, store, technical and labor units of the industry.

Although the Industry has a capacity to produce 18,000 sacks of cement per day, it is currently producing only 12,000.

 

Gold price drops by Rs 700 per tola on Monday

The price of gold has dropped by Rs 700 per tola in the domestic market on Monday.

According to the Federation of Nepal Gold and Silver Dealers’ Association, the yellow metal is being traded at Rs 173, 800 per tola today. It was traded at Rs 174, 500 per tola on Sunday.

The price of silver, however, has increased by Rs 30 and is being traded at Rs 1,830 per tola today.

 

Gold price drops by Rs 1, 900 per tola on Sunday

The price of gold has dropped by Rs 1, 900 per tola in the domestic market on Sunday.

According to the Federation of Nepal Gold and Silver Dealers' Association, the gold is being traded at Rs 174,500 per tola today. It was Rs 176,400 per tola on Friday.

Similarly, the price of silver has also dropped by Rs 70 per tola and is being traded at Rs 1, 800 per tola today.

 

21-member working committee formed under Gurung in Nepal Carpet Manufacturers and Exporters Association

A new working committee has been elected under the leadership of Balram Gurung in the Nepal Carpet Manufacturers and Exporters Association.

A 21-member working committee was elected under the chairmanship of Balram Gurung, who is also the Chairman of Everest Loom Company, from the seventh anniversary and third convention of the association.

Those elected are senior Vice Chairperson Dawa Sherpa, Vice Chairpersons Radha Kumari Pant, Sonam Lama, Dan Bahadur Chand, General Secretary Sukuman Bomjan, Secretary Ashish Lama, Bivas Yonjan, Treasurer Rajesh Kumar Rayamajhi, Co-Treasurer Dima Jangbu Sherpa, members Dolmo Bomjan Tamang, Lamin Maya Lama, Ang Dorje Sherpa, Pushpa Ratna Maharjan, Bhim Bahadur Tamang, Krishnaman Prajapati, Chhatralal Shrestha, Suresh Lama, Krishna Bikram Shah, Narahari Thapa and Namlang Tenzing.