Close X
Saturday, September 21, 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

    Uneasy Calm Returns To Ferguson As Protests Continue Nationwide

    Uneasy Calm Returns To Ferguson As Protests Continue Nationwide
    An uneasy calm returned to Ferguson Thursday after two nights of unrest over a grand jury's decision not to indict a white police officer in the shooting death of an unarmed black teenager in August.

    Uneasy Calm Returns To Ferguson As Protests Continue Nationwide

    Belly-stuffing Holiday Menu For Obamas; 6 Pies For Dessert, If There's Room After Main Course

    Belly-stuffing Holiday Menu For Obamas; 6 Pies For Dessert, If There's Room After Main Course
    WASHINGTON — President Barack Obama is spending a quiet Thanksgiving at the White House where the belly-stuffing menu featured all the holiday's basics.

    Belly-stuffing Holiday Menu For Obamas; 6 Pies For Dessert, If There's Room After Main Course

    Australian Batsman Phillip Hughes Dies Two Days After Being Hit By Ball During Cricket Match

    Australian Batsman Phillip Hughes Dies Two Days After Being Hit By Ball During Cricket Match
    Australian batsman Phillip Hughes, who was struck on the head by a cricket ball died in hospital, authorities said Thursday.

    Australian Batsman Phillip Hughes Dies Two Days After Being Hit By Ball During Cricket Match

    'Death By A Thousand Cuts:' Memo To PM Questions Across-the-board Budget Cuts

    'Death By A Thousand Cuts:' Memo To PM Questions Across-the-board Budget Cuts
    OTTAWA — Prime Minister Stephen Harper was briefed earlier this year on how across-the-board budget cuts hurt public service morale, productivity and citizen satisfaction.

    'Death By A Thousand Cuts:' Memo To PM Questions Across-the-board Budget Cuts

    Indian-origin IS member poses with newborn on Twitter

    Indian-origin IS member poses with newborn on Twitter
    An Indian-origin Islamist who skipped bail in Britain to join the Sunni radical group Islamic State (IS) in Syria has posed on Twitter with his newborn son hailing....

    Indian-origin IS member poses with newborn on Twitter

    Bell Tells CRTC Says Telecom Markets Don't Need More Regulation

    Bell Tells CRTC Says Telecom Markets Don't Need More Regulation
    GATINEAU, Que. — Canada's Internet market is already highly competitive and should not be regulated further, says one of the country's largest players.

    Bell Tells CRTC Says Telecom Markets Don't Need More Regulation