Kathmandu, Nov. 3 -- The Nepal Electricity Authority (NEA) is redoing the public procurement process to appoint contractors to install underground power cables in Kathmandu after previous bidders quoted a much higher price than the estimate.

The state-owned power utility wants to move all power cables underground in the northern and southern parts of the Kathmandu Valley to improve distribution. The NEA has invited two separate global tenders from interested firms to replace the overhead cables in areas served by the Ratna Park and Maharajgunj distribution centres.

The scheme to replace the cables is part of a project funded by the Nepal government and the Asian Development Bank (ADB) which seeks to meet the growing energy demand in the...