•      Fri Dec 5 2025
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MCC indicates to further slash budget volume for 2026

Kathmandu, June 12: The Millennium Challenge Corporation (MCC) has indicated a significant budget cut in the year 2026. According to information released by the MCC, it is preparing to spend $224 million in 2026, whereas it had allocated a budget of $930 million for 2025. Often seen as a key competitor

Controversial MCC grant assistance to Nepal also suspended

After USAID assistance suspension, the Millennium Challenge Corporation (MCC) has suspended payments for activities under Nepal's MCC Compact

Finance Minister Paudel held talks with MCC Chief Executive

Deputy Prime Minister and Minister for Finance Bishnu Prasad Poudel has held a meeting with Chief Executive Officer (CEO) of

MCA-Nepal signs contract for 18 km Nepal-India transmission line

The contract, valued at USD 12.36 million, has been awarded to Transrail Lighting Ltd., which will construct the transmission line

Transmission line
Contract of 400-KV transmission line under MCC scrapped

The cancellation of a contract process for 400 KV transmission line to be constructed under the MCC grant has created

Agreement to construct substation in Lapsiphedi, ready to address locals…

The government has agreed to address the demands of the affected locals of Bojini at Sankharapur Municipality-3 in Kathmandu district.

MCC
Preparations for declaring MCC EIF from mid-August, around Rs. 9…

The Millennium Challenge Corporation (MCC) Compact that was signed between the Ministry of Finance and the US Government around six