NIBL, PDT Sign Agreement

Nepal Investment Bank Ltd (NIBL) provides Rs.10 million annually to Pashupati Development Trust (PDT) to maintain Mahasnan Ghar (The Great Bath House) for three consecutive years.

July 8, 2016, 5:45 p.m. Published in Magazine Issue: Vol.09,No. 24, July 08,2016, Ashad 24,2073)

Nepal Investment Bank Ltd (NIBL) provides Rs.10 million annually to Pashupati Development Trust (PDT) to maintain Mahasnan Ghar (The Great Bath House) for three consecutive years. Constructed by King Rana Bahadur Shah in 1856 BS in the name of his most beloved Queen Kantiwati, located in the Pashupati area, the money will be used to develop a ‘Pashupati Museum'.

The agreement was signed between CEO of NIBL Jyoti Prakash Pandey and Member Secretary of PADT Dr Govinda Tandan.  The agreement was signed under People’s involvement and development program.

The southern and western sides of Mahasnan Ghar were damaged during the devastating earthquakes of April 25 and May 12 last year. According to the agreement signed amidst a program, the reconstruction of the Mahasnan Ghar will be completed within a year and the museum will come into operation within three years.

NIBL has been actively involved in the resurrection and reconstruction of the Pashupati area. In this regard, the bank has reconstructed and maintained the area of Pashupati Aryaghat in the past for which PADT has shown its appreciation.

 

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