Close X
Wednesday, November 27, 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

    'Modi's visit to boost Canadian investment in India'

    'Modi's visit to boost Canadian investment in India'
    Prime Minister Narendra Modi’s visit will give a huge boost to Canadian investment in India, says Excel Funds, which is the largest Canadian Mutual Fund geared towards India.

    'Modi's visit to boost Canadian investment in India'

    Delay In Saudi Labour Law Cheers Indian Expatriates

    Delay In Saudi Labour Law Cheers Indian Expatriates
    Saudi Arabia's decision to postpone its new labour policy's third phase, which may affect a large numbers of Indian workers, has come as a breather to expatriate workers and the private sector, a media report said on Wednesday.

    Delay In Saudi Labour Law Cheers Indian Expatriates

    Vaisakhi Resolution Introduced In US House

    Vaisakhi Resolution Introduced In US House
    Sixteen US lawmakers led by Democrat John Garamendi have introduced a resolution in the US House of Representatives, honouring the Sikh community's celebration of Vaisakhi.

    Vaisakhi Resolution Introduced In US House

    Barack Obama Names Indian-American Shamina Singh To Key Post

    Barack Obama Names Indian-American Shamina Singh To Key Post
    President Barack Obama has named yet another Indian-American as member of the Board of Directors of the Corporation for National and Community Service for a term expiring in October 2019.

    Barack Obama Names Indian-American Shamina Singh To Key Post

    Indian Husband Accused Of Killing Wife At Dunkin Donuts On The Run In US

    Indian Husband Accused Of Killing Wife At Dunkin Donuts On The Run In US
    Palak Bhadreskumar Patel, 21, was found murdered inside the kitchen of a Dunkin Donuts restaurant on Arundel Mills Boulevard in Hanover, Maryland state. 

    Indian Husband Accused Of Killing Wife At Dunkin Donuts On The Run In US

    Indian Charged In UAE With 'Insulting Islam'

    Indian Charged In UAE With 'Insulting Islam'
    The 41-year-old Indian was charged in the Court of First Instance in Dubai for allegedly making the insults through his conversations and posts on Facebook, Khaleej Times reported. 

    Indian Charged In UAE With 'Insulting Islam'