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Chinese company awarded contract to print Nepal's 100-rupee notes featuring disputed territories with India

Oct 27, 2024over 1 year ago

Contract Type

contract

NepalManufacturingJewelryPrinting

Description

The Nepal Rastra Bank has awarded a contract to the Chinese company China Banknote Printing and Minting Corporation to print 300 million copies of Nepali rupee 100-denomination banknotes featuring the revised political map that includes disputed territories with India. The contract was awarded following a cabinet meeting's approval of the design, and the bid price for the contract was USD 8,996,592.00.

Company Information

Company

China Banknote Printing and Minting Corporation

Location

Nepal

About

China Banknote Printing and Minting Corporation is a state-owned company responsible for the design, printing, and minting of banknotes and coins in China. It has also been involved in printing banknotes for other countries.

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