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  What is Cryptocurrency and how does it work? Cryptocurrency – meaning and definition Cryptocurrency, sometimes called crypto-currency or crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure transactions. Cryptocurrencies don't have a central issuing or regulating authority, instead using a decentralized system to record transactions and issue new units. What is cryptocurrency? Cryptocurrency is a digital payment system that doesn't rely on banks to verify transactions. It’s a peer-to-peer system that can enable anyone anywhere to send and receive payments. Instead of being physical money carried around and exchanged in the real world, cryptocurrency payments exist purely as digital entries to an online database describing specific transactions. When you transfer cryptocurrency funds, the transactions are recorded in a public ledger. Cryptocurrency is stored in digital wallets. Cryptocurrency received its name because it uses  enc...
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Kathmandu Upatyaka Khanepani Limited KUKL

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Kathmandu Upatyaka Khanepani Limited KUKL

Introduction


Started in 21 December 2000, Melamchi Water Supply Project (MWSP) is an Asian Development Bank assisted project which aims to improve the overall scenario of the water and wastewater utility of the Kathmandu Valley. MWSP covers a part of Indrawati and Bagmati watershed and includes areas of five districts. The key water diversion facilities are located within Sindhupalchowk and Kavrepalanchowk districts, whereas, water treatment plant, water distribution and the ancillary structures, are located within Kathmandu valley. 
Later in 2008, MWSP was split into two distinct Subprojects; (i) the Melamchi River Water Diversion Subproject (Subproject -1) covering all project activities in Melamchi Valley including constructions of Water Diversion Tunnel (WDT) and Water Treatment Plant (WTP) and (ii) Kathmandu Valley Water Supply and Sanitation Subproject (Subproject -2): Kathmandu Valley Water Supply and Sanitation Project.
Project Implementation Directorate, under the Kathmandu Upatyaka Khanepani Limited Board of Directors, is the implementing agency of the Subproject- 2 under the present loan from ADB (No. 1820) which comprises of:
  • Immediate improvement of water supply services in Kathmandu valley through augmentation of surface and ground water sources,
  • Water quality improvement related works,
  • Rehabilitation and Improvement of distribution networks at primary, secondary and tertiary levels as well as house connections in some parts of KUKL service area in the valley,
  • Design and construction of Bulk Distribution System(BDS),
  • Improvement of Wastewater in phased manner,
  • Improvement of Service Management system of KUKL.

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