Close X
Saturday, November 16, 2024
ADVT 
International

Two Billionaire NRIs Offer To Build 1,200 Houses In Nepal

Darpan News Desk IANS, 03 May, 2015 01:10 AM
    Two billionaire NRIs have offered to build 1,200 earthquake-resistant houses in quake-affected villages of Nepal immediately, Nepal's embassy in London has said.
     
    Mukesh Kumar Sehgal, managing director of Britain-based SISMO Company that is well known for its building technology, met Nepal's Acting Ambassador to Britain, Tej Bahadur Chettri, on Friday and offered to build 1,000 quake-resistant houses in Nepal, according to the embassy.
     
    Sehgal told Chettri that his company was experienced in building houses with new technology and if the Nepal government accepted the offer, he would start construction of houses in remote areas of Nepal that have been severely hit by the April 25 earthquake in the Himalayan nation.
     
    "Initially we will construct temporary houses so that affected people can be relocated," he told Chettri. "Later once debris is cleared, we will build the new settlement."
     
    Sehgal mentioned that his company was not promoting itself but wanted to help Nepal in this moment of crisis.
     
    Similarly, another billionaire NRI, Shree Prakash Lohia, also offered to build 200 houses in quake-ravaged villages of Nepal through his Lohia Foundation.
     
     
    He also met Chettri in London and made the offer, said the embassy. Experts in building quake-resistant buildings would construct the houses in 90 days, he told Chettri, adding that if Nepal gave the green signal his foundation would start working from May 30. Chettri told Lohia he would consult the authorities in Nepal and revert back to him, said the statement.
     
    Before shifting from India to Britain, Lohia's father had run Ashok Textile in Biratnagar in Nepal, it said. 
     
    Lohia, 62, now has businesses in 24 nations. With a personal worth of $4.4 billion, Lohia is founder and chairman of Indorama Corporation, a diversified petrochemical and textile company.

    MORE International ARTICLES

    Accounting obscurities mean US settlement with Bank of America might not cost bank $17 billion

    Accounting obscurities mean US settlement with Bank of America might not cost bank $17 billion
    WASHINGTON - How much will Bank of America's expected $17 billion mortgage settlement cost the company? The answer is, almost certainly not that much.

    Accounting obscurities mean US settlement with Bank of America might not cost bank $17 billion

    Latest Missouri protests are smaller, more subdued ahead of visit by attorney general

    Latest Missouri protests are smaller, more subdued ahead of visit by attorney general
    FERGUSON, Mo. - Police and protesters in Ferguson were finally able to share the streets again, after five nights of clashes following the killing of an unarmed...

    Latest Missouri protests are smaller, more subdued ahead of visit by attorney general

    'End ban on Sikh basketball players with turbans'

    'End ban on Sikh basketball players with turbans'
    A coalition of US lawmakers Tuesday urged the International Basketball Federation (FIBA) to end its discriminatory policy against Sikh basketball...

    'End ban on Sikh basketball players with turbans'

    Video shows beheading of American journalist James Foley by Islamic militants:US officials

    Video shows beheading of American journalist James Foley by Islamic militants:US officials
    WASHINGTON - A grisly video shows Islamic State militants beheading American journalist James Foley, U.S. officials said, in what the extremists called retribution for recent...

    Video shows beheading of American journalist James Foley by Islamic militants:US officials

    Timeline: Events which followed shooting of Michael Brown in St. Louis suburb of Ferguson

    Timeline: Events which followed shooting of Michael Brown in St. Louis suburb of Ferguson
    FERGUSON, Mo. - A timeline of key events following the fatal police shooting of 18-year-old Michael Brown in the St. Louis suburb of Ferguson, Missouri....

    Timeline: Events which followed shooting of Michael Brown in St. Louis suburb of Ferguson

    Jackie Chan says he's ashamed over son's drug arrest, apologizes to public

    Jackie Chan says he's ashamed over son's drug arrest, apologizes to public
    BEIJING, China - Action star Jackie Chan says he's ashamed and saddened over his son's arrest on drug charges and has apologized to the public....

    Jackie Chan says he's ashamed over son's drug arrest, apologizes to public