KATHMANDU, April 7 -- The cost of constructing the parliament building within Singha Durbar has surged by Rs 560 million.

The Department of Urban Development and Building Construction (DUDBC) has given the nod to the Variation Order (VO) proposal from three consultancies-Digicon, IWS, and Ingar-for the project, citing the rising market prices of construction materials. This approval means an additional Rs 560 million is now necessary for completing the parliament building, surpassing the earlier estimated cost of Rs 5.2 billion.

Under the administration of the then Prime Minister KP Sharma Oli, an agreement was inked on October 3, 2019, with Tunditech Joint Venture Company to construct the Federal Parliament's new building within three ...